Materials Posted
Introduction | Power Point Presentation | Recording
The Community Reinvestment Act (CRA), enacted in 1977, requires federally insured depository institutions to help meet the credit needs of their entire service area, particularly those low- and moderate income, economically distressed, and geographically isolated areas, in a manner that is consistent with safe and sound operation. The CRA, originally created as a response to discriminatory lending practices which primarily affected urban areas, is rarely discussed from a rural perspective despite the fact that the CRA evaluates all depository institutions.