CFPB: Safe Student Account Scorecard Released

Bureau Seeks Comment on Scorecard to Help Schools Avoid Promoting Products with Tricks and Traps WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is seeking input on a “Safe Student Account Scorecard” that would help colleges to avoid partnering with financial institutions that offer checking and prepaid accounts with […]

ABA: Can Your Bank Help Teach Children to Save?

ABA calls for banker volunteers to increase financial capability in local schools ​WASHINGTON — The American Bankers Association, through its Community Engagement Foundation, is calling for banker volunteers to register for its national Teach Children to Save campaign. Now in its 19th year, the Teach Children to Save program is a national […]

2014 NICRC: Five Important Lessons Learned

Looking over notes from the 2014 National Interagency Community Reinvestment Conference, certain themes recurred throughout the sessions.   The following is our list of the five most important insights for bankers. Are the right people involved in your CRA program? As the CRA Officer, do you have the appropriate level of […]

CRA Officer’s Examination Myth Dispelled

MYTH:  “Mortgage loans are all that count towards my CRA lending performance.” Let’s be honest, regulators will review a bank’s mortgage lending data as a key indicator of CRA lending performance.  But while mortgage data is key to developing and supporting your CRA efforts, it’s not the only way you can get CRA […]