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#589607 - 07/27/06 05:01 PM CRA Officer
Maya Offline
100 Club
Joined: Jan 2005
Posts: 154
South Carolina
Is there a requirement for a board appointed CRA officer? We are an ISB. Thanks.

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#589608 - 07/27/06 10:52 PM Re: CRA Officer
AEA Offline
Junior Member
Joined: Jan 2006
Posts: 45
No. There is no regulatory requirement that an institution have a Board appointed CRA Officer. It's the institution's choice, but many banks have a "point person" who coordinates the CRA activities.

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