Preparing for a CRA Examination

In addition to understanding how your bank will be evaluated under the CRA (small, intermediate small, or large) and the effect it may have on bank operations and/or business strategies, many banks have implemented tracking and documentation processes to help ensure examiners review all potential community development activities. Not only will being prepared for your next examination streamline the process, but it will also help your bank assess its ongoing performance. The following resources offer guidance on CRA examinations as well as interpretations of the regulatory requirements. Worksheets are provided below to help banks identify and track CRA-eligible community development activities.