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#1616659 - 10/18/11 12:50 AM CRA Training
denali Offline
100 Club
Joined: Mar 2006
Posts: 102
Fairbanks, Alaska
Can anyone tell me if annual CRA training for staff and/or the board is required? We have always done annual training but I can't find anywhere where it says it is required (I've looked in the Compliance Exam Manual). Is this more or less "best practice" and not a requirement?

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CRA
#1616665 - 10/18/11 02:01 AM Re: CRA Training denali
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
It is a best practice, not a requirement. It is not a bad idea given the struggles banks go through to get the data gathered and reported correctly.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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