Skip to content
BOL Conferences
Thread Options
#2020459 - 06/15/15 04:49 PM 2014 CRA Resubmission??
CompBanker0613 Offline
Member
CompBanker0613
Joined: May 2014
Posts: 63
We discovered an error in how some of our loan codes were mapped to the call report. This unfortunately affected our reporting of certain small business loans on our CRA Loan Register. We over reported 40 or so loans for 2014.

I have emailed CRAHELP, but have yet to receive a response (it's been 2 weeks). Are there any guidelines/info for resubmitting your CRA file? I haven't had any luck finding anything...I can only find HMDA resubmission guidelines/info

Thank you!
_________________________
"I'm not sure why they call their customers infidels, but I doubt that's important"

Return to Top
CRA
#2020470 - 06/15/15 05:01 PM Re: 2014 CRA Resubmission?? CompBanker0613
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
All you have to do is repeat the original process and submit the full file with the corrected data if you submitted via the internet.

How did you submit the original file?
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top
#2020496 - 06/15/15 06:10 PM Re: 2014 CRA Resubmission?? CompBanker0613
CompBanker0613 Offline
Member
CompBanker0613
Joined: May 2014
Posts: 63
By encrypting the file with our software and then emailing CRASUB@FRB.GOV
_________________________
"I'm not sure why they call their customers infidels, but I doubt that's important"

Return to Top
#2020506 - 06/15/15 06:33 PM Re: 2014 CRA Resubmission?? CompBanker0613
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
Email the revised file with "Complete Resubmission" in the subject line.

You should receive new response emails.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top
#2020699 - 06/16/15 04:31 PM Re: 2014 CRA Resubmission?? CompBanker0613
Lori01 Offline
100 Club
Joined: Jan 2007
Posts: 175
VT
Same question...but different year. During a recent exam it was discovered we made some errors on our 2013 submission. The EIC said we should resubmit our 2013 data. (I don't understand his point in wanting me to do this so long after the fact but....) I too emailed CRAHELP but got no help. We use the FFIEC software to submit. I recall reading someplace that there was a window of time open to resubmitting but now can not find details.

Return to Top
#2020701 - 06/16/15 04:37 PM Re: 2014 CRA Resubmission?? CompBanker0613
NMB Offline
Gold Star
Joined: Jun 2002
Posts: 255
Southeast Michigan
We recently discovered some incorrect coding ourselves and emailed HMDAHELP which responded in a few days, saying that 2013 can be resubmitted until this November.
_________________________
My comments and opinions are my own, not my employer's.

Return to Top
#2020702 - 06/16/15 04:37 PM Re: 2014 CRA Resubmission?? CompBanker0613
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
You should be able to resubmit 2013 until late 2015. You can resubmit using the 2013 FFIEC software.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top
#2021068 - 06/17/15 08:39 PM Re: 2014 CRA Resubmission?? CompBanker0613
CompBanker0613 Offline
Member
CompBanker0613
Joined: May 2014
Posts: 63
Thank you all!
_________________________
"I'm not sure why they call their customers infidels, but I doubt that's important"

Return to Top