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#2260277 - 09/27/21 02:05 PM CRA Responsibility
Anonymous
Unregistered

A bank will shortly be over $10 Billion.

Will the FDIC still be responsible for the CRA examination after the bank is now above the CFPB threshold?

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#2260318 - 09/28/21 04:26 AM Re: CRA Responsibility Anonymous
Inspector Offline
Gold Star
Joined: Apr 2016
Posts: 283
I hope you like the FDIC doing your CRA evaluations because they will continue to handle CRA as well as a few other regulations such as Flood even after the CFPB starts doing examinations for you.
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Opinions expressed are my own and do not reflect legal advice or the opinions of my employer.

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