Legal Seminar, Chicago, IL

Recommendations from Treasury

9

 April 3, 2018 – Treasury Releases CRA Modernization Recommendations  4 key areas for modernization:  Assessment Areas  Examination Clarity and Flexibility  Examination Process  Performance

© 2019 Howard & Howard Attorneys PLLC

Recommendations from Treasury

10

 On Assessment Areas:  Revisit the approach to assessment areas  Take into the account the reality of the changing banking industry  Account for the current range of alternative channels for accepting deposits and providing services

© 2019 Howard & Howard Attorneys PLLC