In evaluating a bank's CRA performance, to what do bank examiners give the greatest consideration?

Question

Quizplus · Accepted Answer

Bank examiners give the greatest consideration to the extensions of credit the bank has made where the financing benefits low and moderate-income borrowers or neighborhoods in evaluating a bank's CRA performance. While other factors such as efforts to analyze the geographic origins of its deposit base, efforts to establish communication with members of the community regarding credit needs, and participation of the bank's board of directors in formulating CRA policy are also important, the extent and effectiveness of a bank's lending to low and moderate-income borrowers and communities is the most significant factor in evaluating CRA performance.

In Evaluating a Bank's CRA Performance, to What Do Bank