Community Reinvestment

CBA is an acknowledged industry leader in the areas of Community Reinvestment, affordable lending, and community and economic development. As an association, through the Community Reinvestment Committee, CBA has significant influence in the development of revisions to CRA and amendments to the CRA Q&A, which interprets the regulations. One of CBA’s priorities is to encourage the agencies to maintain CRA as a sustainable business of banking, reflecting the reality of community development.
  • November 28, 2018
    The U.S. market has developed into a world of credit haves and have nots. The “haves” are those who are deemed creditworthy and have credit. The “have nots” are those who do not qualify for credit because their credit history is limited or nonexistent. Nearly 20 percent of U.S. consumers are credit invisible. What can be done to render the unbanked and underbanked visible? Imagine a tool to scour...
  • November 19, 2018
    CBA Submits Comment Letter to OCC on CRA Offers goals of modernization efforts: Clarity, Transformation, Flexibility & Optionality WASHINGTON – Consumer Bankers Association today submitted comments in response to the Office of the Comptroller of Currency’s advance notice of proposed rulemaking on ways to modernize the Community Reinvestment Act. CBA’s comment letter was drafted in conjunction...
  • November 19, 2018
    CBA Launches Community Reinvestment Act Resource Microsite Site contains CRA-101 primer, CBA priorities, testimonials WASHINGTON – The Consumer Bankers Association today launched a Community Reinvestment Act resource microsite. The site includes CRA-focused comment letters, videos, op-eds, statements, relevant articles and a list of CBA’s Community Reinvestment Act member banks. CBA’s comment...
  • November 19, 2018
    November 19, 2018 Legislative and Regulatory Activities Division Office of the Comptroller of the Currency 400 7th Street, SW, Suite 3E-218 Washington, DC 20219 Via Email: Regs.comments@occ.treas.gov Re: Docket ID OCC-2018-0008: Reforming the Community Reinvestment Act Regulatory Framework To Whom It May Concern: The Consumer Bankers Association (CBA) is pleased to submit these comments to the...
  • November 16, 2018
    Cajun Thoughts: Thanksgiving is one of my favorite times of the year. In addition to being thankful for my family and 5 friends, I am thankful to be with the CBA Family … 69 great corporate members , 110 associate members , 466 committee members , and 27 ( 4 more on the way ) CBA Team members . Most importantly, don’t forget the Dallas Cowboys play at 4:00 PM on Thanksgiving Day . Short of any...
  • November 9, 2018
    Cajun Thoughts: I absolutely love and respect America’s democratic process. The fact any citizen, regardless of background, has the right to elect our leaders gives me chills each and every time. I am especially fortunate to be surrounded by a diverse CBA Team of different political ideologies and willing to share their views with me in an open and candid dialogue (as long as they are pro-banking...
  • November 3, 2018
    Day After Election Call: Join us for a CBA Members-Only call on Wednesday, November 7 at 3:00 p.m. ET to discuss the 2018 Midterm Election results and impact on the retail banking industry. Stay tuned for details! Cajun Thoughts: For those of you who have been in a political race, you know the urgency of a 24 hour period, the smell of October and the distinct color of the sunset. Yes, I love...
  • October 19, 2018
    My top takeaway this week … On Wednesday, Comptroller of the Currency Joseph Otting spent a lot of time discussing CRA modernization efforts during his talk to the Exchequer Club here in D.C. He made three key points: he is committed to CRA modernization, calling it the "Number one reason" he came to Washington ; branches are not obsolete , but the current assessment area framework can restrict...
  • October 12, 2018
    Education Funding Committee Members meet at CBA World HQ (Top Left) and outside the Eisenhower Executive Office Building following a meeting with the Vice President's economic team; Community Reinvestment leadership Yvonne Blumenthal of U.S. Bank and Sue Whitson of BMO Harris Bank, committee members discussing the OCC's CRA ANPR and CRA modernization (Bottom) with OCC Leadership D.C. DOWNLOAD...
  • September 14, 2018
    CBA LEADERSHIP SUMMIT DOWNLOAD Hurricane Florence: As a southerner and hurricane veteran myself, I know how threatening tropical storms can be. CBA’s thoughts and prayers are with all member banks and communities impacted by Hurricane Florence’s dangerous conditions. I know your banks are preparing to help customers as well as team members in Florence’s path. Please let us know if we can help...

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