Banks must publicly disclose their performance rating under the Community Reinvestment Act.

Name: Banks must publicly disclose their performance rating under the Community Reinvestment Act.
Brand: Quizplus
Rating: 4.7 (52 reviews)

Question

Quizplus · Accepted Answer

Banks are required to make their Community Reinvestment Act (CRA) performance evaluations available to the public, which includes their rating, to ensure transparency and accountability in meeting the credit needs of their communities, including low- and moderate-income neighborhoods.

Banks Must Publicly Disclose Their Performance Rating Under the Community