#51: CRA Plan Checklist Inside!

It’s time to build your 2022 CRA strategy and action plan! Here are your next steps:Sign up to download the CRA plan resource. This list of questions will help prompt you as you start to build out your CRA plan. https://hub.cratoday.com/opt-in-c71cd533-9b19-4d80-89d9-43b2ec44f869 To prepare your approach, start by obtaining a copy of your bank’s strategic plans for 2022, if available. If a document is not available to you, set up meetings with your executive management team members to learn more about the core strategies of the bank and how you might integrate those priorities into your CRA plan. Next, meet with business units to learn about their business goals and discuss how your CRA program might also support them in their business goals. You can also set benchmarks for identifying community development loans within the commercial lending departments and divisions.You might also want to meet with marketing to make a stronger link between your CRA program and their key priorities as well. Typically CRA programs incorporate marketing goals as it relates to CRA service goals and charitable giving initiatives. Compile all the details into one document and set benchmarks and timelines to pave the path forward for an effective CRA program. Don’t forget that it doesn’t have to be perfect, you just have to get it started! CRA Today helps bankers master the Community Reinvestment Act, get exam ready, and change lives through the power of community development.Want to learn the CRA basics? Sign up for CRA Essentials Live! A live webinar with Linda Ezuka that shares everything you need to create a solid foundation for your CRA journey. https://hub.cratoday.com/freewebinarReady to take a deeper dive into the CRA? Join your fellow CRA enthusiasts in the CRA Hub as we navigate regulatory change, study core CRA concepts, and connect as community development professionals across the nation.https://cratoday.com/hub/Are you understating your lending performance? Learn the 5 Foundational Steps to Building an Outstanding Community Development Loan Portfolio with an on-demand training workshop.https://cratoday.com/blueprint/CRA Today Website: https://cratoday.com/ Linda Ezuka, LinkedIn https://www.linkedin.com/in/linda-ezuka-cra-today/Copyright © 2022 by CRA Today LLC(No claim to original U.S. government material)All rights reserved. No part of this podcast may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, including electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of the author and publisher.This podcast is a periodic publication of CRA Today LLC and is intended to notify and inspire recipients of new developments in the Community Reinvestment Act. It should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult your own attorney concerning your situation and specific legal questions you have.Podcast production and show notes provided by HiveCast.fm