Community Reinvestment Act (CRA) - Tools
The NY Fed's Community Reinvestment Act Portal is a one-stop-shop for financial institutions, community organizations, and other stakeholders seeking information and resources related to the CRA. The website also includes the interactive tool “Find Your Bank”. This tool is a sortable table which includes 10 years-worth of information on NY Fed supervised financial institutions and their CRA performance.
Bank’s Community Reinvestment Act (CRA) Opportunities for Promoting Job Creation, Workforce Development, and Place-Based Investment
This report summarizes innovative activities from banks’ Community Reinvestment Act (CRA) performance evaluations in the areas of job creation, education and workforce development, and transportation and affordable housing. By providing real-world examples of situations in which banks received CRA credit in these areas, we hope other banks will consider pursuing similar opportunities in the areas they serve for which they can receive CRA consideration, thus promoting economic growth and prosperity in these communities.
The Home Mortgage Explorer is a tool that draws from publicly available Home Mortgage Disclosure Act (HMDA) data and enables users to explore trends in mortgage lending between 2010 and 2015 for the U.S. as a whole, states, and metropolitan and nonmetropolitan areas. Trends can be examined by loan purpose (e.g., home purchase vs. refinance) and loan type (e.g., conventional vs. Federal Housing Administration), and all measures are provided by applicant and neighborhood income.
Workforce development contributes to a strong economy by equipping workers to succeed in the labor market and supplying employers with quality talent. This framework, from the Dallas and Kansas City Feds, is designed to give banks—and organizations interested in partnering with them—tools and information to engage in workforce development activities in ways that may help them fulfill their obligations under the Community Reinvestment Act.
Access to broadband has become an essential component of economic opportunity and financial well-being, yet there is a significant digital divide in many underserved communities.This Dallas Fed publication is a practical guide for financial institutions that shows how digital inclusion can improve the lives of low- and moderate-income individuals who have limited access to broadband infrastructure. It presents best practices and information on lending, services and investments that can help close the digital divide and contribute to an inclusive and vibrant entrepreneurial economy.
CRA OneSource is your source for Community Reinvestment Act tools, templates, guides, webinars and other resources to assist you in preparing for an exam and growing your community development program.
The Community Reinvestment Act (CRA) Ratings Search Tool allows you to easily search and locate CRA Performance Evaluations (PEs) for state member banks regulated by the Federal Reserve Bank of San Francisco. The PE includes valuable information on a bank’s CRA activities, including detailed analysis on the economic and community development conditions in the assessment area(s) in which a bank operates.
Robust community development research, or performance context, is an important part of the Community Reinvestment Act (CRA) examination process, as it identifies needs and opportunities that exist within LMI neighborhoods and creates a framework for evaluating a bank’s performance in meeting community needs. This Connecting Communities webinar from December 2014 provides useful information about the performance context—what it means and why it matters—from both a regulator's and a banker's perspective.
The Community Development Data Guidebook, published by the San Francisco Fed, provides information on a variety of community development data resources, divided by topic area, along with a practical application of how to retrieve the data and suggestions on how to conduct appropriate analysis.
The 12th District County Profiles, published by the San Francisco Fed, provide valuable information on the various labor-market, housing, and economic development issues impacting communities throughout the nine western states. More counties will be added in future rounds of profiles, so check back often to see if your community is featured!