Skip to content

More Banks Will Need CRA Strategic Plans

We heard that some banks would be required to submit strategic plans under the revised rule. Is this true?

Yes. The revised rule states:
“Plan submission (1) Required submission. A bank must submit a strategic plan that meets the requirements of this section if the bank:
• Would otherwise be evaluated under § 345.12 (banks not being evaluated as small banks) and does not maintain retail domestic deposits on-balance sheet; or
• Is a small bank that does not originate retail loans.

Learn more about Kathleen Blanchard’s webinar CRA Modernization Proposal Review

First published on 02/23/2020

Filed under: 
Filed under compliance as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics