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#1710974 - 06/15/12 04:39 PM Comments in Public File
ecrew,CRCM Offline
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ecrew,CRCM
Joined: Apr 2010
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Does anyone place letters from organizations thanking the bank for donated funds for some sort of special program in their CRA public file?

If so, do you black out the amount donated or leave as is?
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#1711103 - 06/15/12 07:59 PM Re: Comments in Public File ecrew,CRCM
CRAatBOK Offline

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Further South than I wanna be.
We don't, that is really not what they are looking for in the reg. Always a danger in making the examiners think you don't know or understand the reg.

However, we do have them in our master file for the examiners to review.
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#1711383 - 06/18/12 06:18 PM Re: Comments in Public File ecrew,CRCM
ecrew,CRCM Offline
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ecrew,CRCM
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I think a master file is a good idea. Thank you.
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#1711842 - 06/19/12 06:23 PM Re: Comments in Public File ecrew,CRCM
CRAatBOK Offline

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Joined: Mar 2004
Posts: 6,172
Further South than I wanna be.
Our master file keeps a record of each non-profit we deal with, how they work with the LMI population or areas etc. and any back up info. We also keep things like the thank you letters and other kudos we get.
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Life is not the way it's supposed to be. It's the way it is. The way you cope with it is what makes the difference.

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