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#1799524 - 03/29/13 12:41 PM Does the Cristo Rey program count for CRA Credit?
Cedar Point Guy Offline
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Cedar Point Guy
Joined: Nov 2009
Posts: 732
Cedar Point
Hi All,

Is anyone familar with the Cristo Rey Program? Basicly the program is a high school for low to moderate income families. The students work at the bank to help pay for the schools tutition. My question is this would this program count for CRA credit? Here is some more information, the high school itself is NOT located in the banks Assessment area. By looking at the CRA flow chart form bankersonline, it appears if the high school is not within our assessment area it would not count for CRA credit. Any thoughts would be greatly appreciated.
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#1801703 - 04/04/13 09:57 PM Re: Does the Cristo Rey program count for CRA Credit? Cedar Point Guy
bOaty Offline
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bOaty
Joined: Aug 2006
Posts: 4,266
Chillin an grillin
You don't mention what the bank would be doing in support of the program.

It's possible to get credit outside your assessment area but you need to already be doing a good job in community development in your own AA before they examiner will look at anything that you are doing outside of it. As always, it's at the examiners discretion.
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