Which of the following is the best method for a large bank to use in monitoring its CRA performance?
A) Review the effectiveness of marketing materials.
B) Evaluate approval and denial rates for minority loan applicants.
C) Perform a quarterly evaluation of the bank's loans-to-deposits ratio.
D) Perform a geographic analysis of lending levels and dispersion of loans.
Correct Answer:
Verified
Q342: What obligation does a bank have to
Q343: QRS State Bank is being examined under
Q344: A bank received a signed letter criticizing
Q345: In evaluating a bank's CRA performance, to
Q346: Which state receives the reporting and escheatment
Q348: Which of the following institutions is exempt
Q349: Which of the following institutions could be
Q350: Which of the following is NOT a
Q351: Several types of loan-related data appear in
Q352: Which of the following is true of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents