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#1517372 - 03/03/11 09:05 PM advertising the results?
Trees Offline
Power Poster
Joined: Apr 2005
Posts: 4,013
Can banks/have banks ever publicized their results, i.e. esp. if they get an outstanding rating? Little article in the local newspaper or on the home page of an internet site?

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CRA
#1517437 - 03/03/11 10:07 PM Re: advertising the results? Trees
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
Yes they can. CRA results are public so there is no prohibition.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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#1517590 - 03/04/11 02:56 PM Re: advertising the results? Kathleen O. Blanchard
Tennismom Offline
Platinum Poster
Tennismom
Joined: Jan 2004
Posts: 778

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#1518069 - 03/06/11 12:31 AM Re: advertising the results? Tennismom
Princess Romeo Offline

Power Poster
Princess Romeo
Joined: Jun 2001
Posts: 8,272
Where the heart is
Only caveat is - you may be painting a target on your back.
_________________________
CRCM,CAMS
Regulations are a poor substitute for ethics.
Just sayin'

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#1518084 - 03/06/11 09:43 PM Re: advertising the results? Princess Romeo
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
But many banks do publicize this and do it well - usually banks that are very involved in their community and with community groups. The groups already know what a great job the bank does.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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