Community Reinvestment Act – Turning Your Obstacles Into Assets

Legal & Regulatory Compliance

The Community Reinvestment Act has considerable strategic and operational implications for financial institutions, and if properly managed these liabilities can be transformed into an asset.  Financial institutions often do not have the appropriate infrastructure in place to effectively improve CRA performance.  Additionally, retail and commercial product offerings are often not being positioned to fully leverage available CRA credit.  With an effective strategy, community banks should be able to exceed CRA requirements in a cost effective and impactful manner.

This webinar will provide the fundamentals of sound and efficient CRA program management, address industry trends and CRA modernization, and provide insights into cost effective strategies to achieve CRA regulatory objectives.

If improperly managed, CRA regulatory requirements pose considerable operational, compliance and strategic liabilities for financial institutions.  Conversely, if properly managed CRA can serve as a strong tool to improve brand favorability while generating significant revenue for community banks. 

Who Should Attend: Chief Executive Officers, Chief Operational Officers, Chief Compliance Officers, Managing Directors, Institutional Banking, CRA Program Directors, Corporate Responsibility Program Directors

Learning Objectives

  • Improve awareness of the changing regulatory landscape around the Community Reinvestment Act
  • Learn about opportunities to fortify and/or mitigate the CRA performance of your bank
  • Discover opportunities leverage your current strategies to maximize CRA performance 

Speakers

John Thompson
Managing Director
The PNC Financial Institutions Group
PNC Capital Markets Group
Mr. Thompson is a managing director in PNC Capital Markets.  He has responsibility for strategy, business development PNC’s Financial Institutions Group, encompassing clients in the Banks, Insurance Companies and Asset Managers & Broker Dealers verticals.  In this role, he is focused working with FIG Relationship Managers to broaden and deepen client relationships by delivering solutions that draw on PNC’s full suite of products and capabilities.  In this capacity he is also responsible for developing new or enhancing existing product capabilities to meet the ever-changing needs of financial institutions.

Mr. Thompson joined PNC Bank (formerly National City Bank) in 1990.  Over his career, he has held many leadership positions in the retail, corporate banking, and debt capital markets group, primarily focused on dealing with private or public companies seeking capital for working capital, growth and or acquisition financing.

Seth Reimer
Founder / President
Stanford Road Advisors, LLC
Seth Reimer is the founder and president of Stanford Road Advisors, LLC, a consulting practice serving both community banks and investors in community banks to fortify and mitigate CRA and Corporate Responsibility performance.  Prior to founding his practice, Mr. Reimer oversaw the CRA Compliance and Analytics divisions for KeyBank, a $181 billion institution based in Cleveland, OH.  In addition to navigating  multiple “Outstanding” ratings for the banks he has served,  Mr. Reimer has overseen all aspects of CRA performance associated with M&A activity, as well as the deployment of over $40 billion in CRA qualifying capital through Community Benefits Agreements.  His expertise in the areas of compliance and operational risk, as well as product and program development, successfully balance mission, margin, risk, and operations constraints.  Mr. Reimer has implemented innovative and forward-looking corporate controls and infrastructure to ensure ongoing monitoring, escalation and resolution of CRA related issues, mitigating current and future risks.

Webinar Fees

Pricing For Price Season Pass
Bank Member $195 $0
Bank Nonmember $395 $0
Affiliate Member $195 $0
Affiliate Nonmember $395 $0

Season Pass Members receive 4 individual logins to every webinar

Additional Info

Participants will earn 1.0 CPE credit

Field of Study: Specialized Knowledge

Prerequisites: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar

Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org.

Register

Click here to register online