By law, each regulatory agency is required to publish a list of financial institutions examined for Community Reinvestment Act (CRA) compliance. If you are a CRA Officer, this is both a blessing and a curse. First of all, you don't necessarily want the world to see your exam. However, reading exams from other banks can be a fantastic tool to help you with your job.

In fact, I believe that reading other CRA evaluations is the best way for a new CRA Officer to understand regulatory expectations.

The FDIC just published their list of recent CRA evaluations. This list contains a total of 67 bank ratings which include 7 outstanding evaluations and 60 satisfactory ratings.

If you are a CRA Officer wanting to better understand how you can improve the CRA posture of your bank, take a look at a few of the outstanding ratings as reviewing the outstanding ratings is one of the best things you can do to understand things your bank or credit union can do to have a strong CRA rating.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

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