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Compliance Training Program

Community Reinvestment Act School (CRA)

Program Overview
Community Reinvestment Act (CRA) School addresses the CRA regulation with emphasis on the small bank CRA examination procedures.  The course consists of lessons, group exercises, and a case study that takes the students through a small bank CRA examination step by step, including the creation and presentation of a CRA public evaluation.  Participants actively take part in group case studies and other classroom activities.

The pre-course learning activities are critical to the completion of the course and must be submitted prior to attendance.

Key Objectives
Upon completion of this course, participants will be able to:

  • Evaluate assessment area appropriateness
  • Develop a performance context for a bank 
  • Analyze lending activity under the small bank performance criteria
  • Apply the basic concepts of community development lending, investments, and services
  • Determine and support a small bank’s CRA rating
  • Prepare a small bank CRA public evaluation
  • Conduct a community contact
  • Discuss CRA evaluation results with management
  • Explain Intermediate Small Bank evaluation procedures

Duration
This is a four and one-half day course.

Level
Basic

Target Audience
This course is designed for pre-commissioned compliance examiners who generally have a minimum of 14 to 20 months of experience in compliance examinations after entering the compliance discipline. There should be a minimum of four months after attending Fair Lending School.

Prerequisites
Prior to attending, participants must complete the on-the-job training (OJT) Lesson Plans for "Small Bank CRA" and "Conducting Community Contacts."  The participant must have written all aspects of a CRA performance evaluation for at least two CRA examinations, or a combination that is the equivalent of such.

Official Time
The Division of Depositor and Consumer Protection (DCP) has authorized eight hours of time to complete the pre-course requirements.

Special Requirements
Participants are required to bring a laptop, an HP calculator, and the completed pre-course assignments to the session.

Post-Course Recommendation
Participants should be scheduled to conduct a small bank CRA examination as soon as possible, but no later than six months after completing this course, to reinforce the skills learned from this session.

Post-Course Feedback
A Summary Evaluation Form, which provides a comprehensive analysis of the participant's in-class and project exercises, is sent to the participant's field office approximately thirty days after the conclusion of the school.  The participant is assigned an overall rating of "Satisfactory" or "Not Yet Satisfactory."

Credits
Continuing Education Unit (CEU): 3.3
Continuing Professional Education Unit (CPE): 39.5


Federal Deposit Insurance Corporation Corporate University is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417.  Web site: www.nasba.org.

More Information
For information regarding administrative policies such as complaints and refunds, please contact Corporate University, Attn: NASBA Representative Ava Livas, 703-562-2463, Room VS-A-3025, 3501 North Fairfax Drive, Arlington, VA 22226.

The FDIC has been approved as an Authorized Provider by the International Association for Continuing Education and Training (IACET) (www.iacet.org), 1760 Old Meadow Road, Suite 500, McLean, VA 22102.

For more information concerning course content and administration, please contact Steven Miller at (703) 516-1281 or Dawn Scaff at (703) 516-5797.


 


Last Updated 04/18/2014 supervision@fdic.gov