By far the most important decision a bank can make is how it defines its Assessment Area. This is because all performance standards are driven by "performance context," which is directly and immediately affected by the delineation of an Assessment Area. Add a few tracts here, drop a few tracts there, and voila — the different demographics and market activity dictate different performance benchmarks.
A bank's most important CRA decision
Question:
What is the most important CRA decision a bank makes?
Answer:
Vendor:
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