Programs & Services

The Community Reinvestment Act (CRA) has encouraged an extraordinary level of collaboration between community groups and banks across the country. One form of collaboration is known as a CRA agreement. A CRA agreement is a pledge signed by a community organization(s) and a bank outlining a multi-year program of lending, investments, and/or services. While the bank provides the loans and investments specified in the agreement, the community group frequently assists the bank in assuring the success of CRA-related products and services (community groups sometimes help in marketing or provide financial counseling and other services). Since the passage of CRA in 1977, lenders and community organizations have signed over 446 CRA agreements totaling more than $4.5 trillion in reinvestment dollars flowing to minority and lower income neighborhoods.

Download CRA Commitments 2007:  cra_commitments_07 417.42 Kb