Does anyone have any experience with using their bank's CDARS program for CRA CD Investment credit? From my limited understanding, if a bank directs funds through the CDARS network to a CDFI or CDBA, then they may receive CRA Credit. I have found several helpful links to more information (listed below), but I was hoping that someone that has gone through the experience (setting up and examiner review) might have helpful information or tips.

http://www.cdbanks.org/sites/default/files/CDBA_FAQ_Banking%20on%20Communities_CDARS-1-15.pdf

http://www.frbsf.org/community-development/files/CRAHandbook.pdf

Any help is appreciated!

Hi! I see you never received any replies on your question. Would you be willing to share what you learned on this topic elsewhere? I'm researching the same thing now and came across your post, the same links you shared, and a couple of other resources. Thanks!