As is the case each month, the OCC and FDIC released a list of Community Reinvestment Act (CRA) performance evaluations from May of 2018. These evaluations are a fantastic tool for compliance professionals to understand the CRA requirements, what examiners expect, and best practices for improving CRA ratings. Specifically, a great deal of information can be learned by reviewing both the Outstanding and Substantial Noncompliance performance evaluations. Therefore, we are again providing an overview of noteworthy trends from these recent performance evaluations. The following is a summary of highlights from these performance revi…
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