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#2243249 - 09/29/20 02:53 PM CRA CD Investments
Anonymous
Unregistered

We have 3 branches in 3 states and want to have Community Development investments in all three states.

As usual our Treasury area gives us push back and wants a detailed CD percentage figure per state.

How does any of you base that on? Deposit % per state? Or another way to determine this?

Thanks.

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#2243310 - 09/30/20 10:05 AM Re: CRA CD Investments Anonymous
Anonymous
Unregistered

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#2243327 - 09/30/20 01:58 PM Re: CRA CD Investments Anonymous
CompliantOkie Offline
Gold Star
CompliantOkie
Joined: Dec 2013
Posts: 425
OOOOOOklahoma
There's not a set percentage but we set an internal baseline and measure against our % deposit per AA.

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#2243356 - 09/30/20 04:36 PM Re: CRA CD Investments CompliantOkie
Anonymous
Unregistered

Any idea what I can use to keep the bean counters happy? LOL

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#2243360 - 09/30/20 04:46 PM Re: CRA CD Investments Anonymous
CompliantOkie Offline
Gold Star
CompliantOkie
Joined: Dec 2013
Posts: 425
OOOOOOklahoma
No clue. We use Performance Context to prove that our percentage is reasonable. Pick a number and justify it.

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