Compliance Training Program
Community Reinvestment Act School (CRA)
Program OverviewCommunity 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 ObjectivesUpon 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
DurationThis is a four and one-half day course.
Instructional FormatPre-course work (Independent Self Study), facilitated classroom discussion/lectures, small group activities, and in-class project.
This course is designed for pre-commissioned compliance examiners who generally have a minimum of 12 to 18 months of experience in compliance examinations after entering the compliance discipline. There should be a minimum of four months after attending Fair Lending School.
This course is open to appropriate staff of the FDIC and partner government regulatory agencies. This course is not open to the public or staff of private banks.
PrerequisitesPrior 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 TimeThe Division of Depositor and Consumer Protection (DCP) has authorized eight hours of time to complete the pre-course requirements.
Special RequirementsParticipants are required to bring a laptop, an HP calculator, and the completed pre-course assignments to the session.
Post-Course RecommendationParticipants 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 FeedbackA 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."
CreditsContinuing Education Unit (CEU): 3.3
Continuing Professional Education Unit (CPE): 39.5
For information regarding administrative policies such as complaints and refunds, please contact Corporate University, Attn: NASBA Representative Ava Livas, Room A-3025, 3501 North Fairfax Drive, Arlington, VA 22226 (703) 562-2463.
FDIC 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 the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
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.