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#159279 - 02/11/04 06:33 PM CRA reportable
linda fox Offline
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Joined: Apr 2002
Posts: 106
We have a $400,000 loan to a small business "secured by a CD" at our bank. Since the security is a personal CD, would this loan be CRA reportable?

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CRA
#159280 - 02/11/04 07:38 PM Re: CRA reportable
Pale Rider Offline
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Pale Rider
Joined: Aug 2002
Posts: 34,318
under the Lone Star
Type of collateral should not change how it is reported for the call report and CRA. If it is reported as small business, then take the CRA credit too.
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Societies that do not find work in and of itself "pleasing to God and requisite to Man," tend to be highly corrupt.


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