I am new to the world of CRA submissions and even though the FI qualifies as an ISB, we are going to submit CRA data for Large Bank Examination Purposes.
So, here are a few questions that have come up as we are goign through the submission process.
1. When attempting to export the reportable data, the follow errors appear, missing Assessment Area(s) and missing Community Development.
Does this means that we need to define our assessment area again or can we use last years assessment areas, if it has not changed? Additionally, our L/AR for CRA purposes contains all "business purpose loans". So, how can we edit out the non-required information?
Thanks in advance.
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