Consulting | CRA Self-Assessment

Be Prepared for Your Next CRA Exam with a CRA Self-Assessment

Preparing for an exam is tough. Even if you have the knowledge to evaluate your performance, finding the time, resources and tools necessary to properly assess your institution may not be possible on your own.

Performing a CRA self assessment can help your institution gauge it’s lending performance and help you better understand how well your institution is serving your community. This vital information can help you avoid surprises and possible poor ratings during your next exam. A CRA self assessment can show you whether your institution’s performance or processes could appear weak to examiners. It is the key to ensuring your institution’s CRA rating!

You don’t have to do this alone. We will send one of our experts to your location to help answer the tough questions:

• What types of services does my community need?
• Does my institution have products that meet the needs of our community?
• How does my institution market our products?
• How do I know my institution’s lending performance is adequate?
• Am I using the right benchmarks to compare my institution’s performance?
• How will fair lending policies and procedures impact our exam?
• Are my assessment areas delineated properly?
• How transparent is my institution’s HMDA/CRA data collection and testing process?
• Is my HMDA/CRA data accurate?
• Are we within the 5% tolerance?

You may not need all that we have to offer. But why not be completely confident in the outcome of your exam? We offer third party objectivity and a thorough review of your efforts to date. Our team of former bankers and regulators can deliver a comprehensive assessment of your institutions performance before your next exam with little drain on your valuable resources.

Click here to contact us to discuss how you can “Ace” your next exam.