Institutions with Strategic Plans | Performance Context

1. Review the institution’s public file for any comments received by the institution or the agency since the last CRA performance evaluation that assists in evaluating the institution’s record of meeting plan goals.

2. Consider any information that the institution provides on its record of meeting plan goals.

3. Contact local community, governmental or economic development representatives to update or supplement information about the institution’s record of meeting plan goals.

4. As necessary, consider any information the institution or others may provide on local community and economic conditions that may affect the institution’s ability to meet plan goals or otherwise assist in the evaluation of the institution.

 

SOURCE:  Strategic Plan CRA Examination Procedures | OCC, FRB, FDIC, and OTS | July 2007

Related Articles

Leave A Comment?

You must be logged in to post a comment.