Explain "Community Reinvestment Act (CRA)" Like I'm High
Explain Like I'm High · 36 minutes ·

Explain "Community Reinvestment Act (CRA)" Like I'm High

00:00  -  02:24 - Intro; What strain?

02:24  -  03:07 - Credentials

03:07  -  05:28 - CRA history

05:28  -   08:33 - Criteria to be a “passing” CRA bank

08:33  -  11:21 - What are benefits of CRA?

11:21  -  14:56 - When will the CRA be modernized?

14:56  -  17:03 - What is a banks focus and how to they meet regulations?

17:03  -  19:56 - How do banks handle taking risks to help the community?

19:56  -  24:35 - What’s an example of service from a Bank to the community?

24:35  -  27:44 - How often is the CRA renewed?

27:44  -  31:25 - Quiz

31:25  -  35:29 - Final Thoughts//Outro

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