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#2266252 - 02/11/22 10:54 PM Examples of Innovative and/or complex investments?
Lori01 Offline
100 Club
Joined: Jan 2007
Posts: 175
VT
Wondering if anyone has examples of specific "innovative and/or complex investments to support CD initiatives"?

My recent FDIC exam listed the Investment Test as High Sat, but then said we rarely uses innovated initiatives.

What we do is the typical: LIHTC, investments with a couple of CDFIs, investment with an Angel Fund (sort of venture capital), purchase state tax credits the benefit CD activities and provide rent-free space to a LMI housing program (valued at about $60k a year).

I'm happy with the High Sat, but am greedy and want more!! SO who has had innovated examples called out in their exams?

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#2266485 - 02/16/22 07:34 PM Re: Examples of Innovative and/or complex investments? Lori01
Compliance NABW Offline
Diamond Poster
Joined: Oct 2015
Posts: 1,668
You could peruse around various PE's and search for "Innovative." But, otherwise, it is going to be basically things that are unique smile.

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