When federal banking agencies evaluate your bank’s Community Reinvestment Act performance, lending and investments often dominate the conversation. But there’s a third category that compliance teams frequently underestimate: community development services and CRA volunteer opportunities. These non-lending activities allow bank staff to volunteer their financial expertise in ways that benefit low- and moderate-income (LMI) individuals … Continue reading Community Reinvestment Act Community Development Services Explained (and the CRA Volunteer Opportunities That Qualify)
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