Thread Starter: Anonymous
Title: Re: CRA Question
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The banks primary lending area comprises of 4 Counties. Three of these counties are not in our MSA, nor do we have offices in those counties. These three counties are within a mile of our location. We are in a MSA/county that is extremely large. but we only delineated 6 census tracts within our MSA as our Assessment Area.
I am looking at HMDA 2020 loan data- within and outside our AA. 55% of our lending for these loans were outside of our AA in 2020. Should the Bank's primary lending area and the AA match? How would we expand our AA into an MSA where we have no offices.
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