COMMUNITY REINVESTMENT COMMITTEE

CBA has long been recognized as the industry leader in the areas of community reinvestment, affordable lending and community and economic development. Through the guidance of the Community Reinvestment Committee, CBA is a significant voice for the industry as the Community Reinvestment Act evolves.

A national debate has renewed over the effectiveness of CRA. Legislation has been offered to significantly change the law, broaden its scope to wider geographies, applying it to more financial service providers, and making additional changes. The bank regulatory agencies are considering changes that would make major alterations to the law in the future. The new data collection called for under the Wall Street Reform and Consumer Protection Act of 2010 will become part of any reforms adopted. With the help of the committee, CBA will assume a leadership role for the industry and try to guide the changes to CRA in a positive direction.

Drawing on the experience of the committee, CBA is well positioned to be the voice of reason as the CRA's future is determined. With guidance from the committee, CBA will advocate for the best solution for retail banks and the communities they serve.
A major goal of the committee is to ensure Congress and the regulatory agencies maintain CRA as a sustainable business of banking and to keep expectations for bank CRA activities in step with the realities of the credit market.

Each year, lenders flock to CBA's Annual Conference, CBA LIVE, because it is the leading forum to examine and discuss these complex compliance issues and the changing nature of regulatory exams and ratings.

For more information about the Community Reinvestment Committee, please contact Steve Zeisel.

COMMITTEE MEMBERS