Every bank (small, intermediate small or large) needs to identify and document its community development (CD) activities in order to achieve the best possible CRA rating. Volume and distribution of loans are the primary factors that determine a bank’s overall CRA rating. A bank can achieve a great rating without any CD activities, but the likelihood of an outstanding or satisfactory rating increases with the volume of CD activities.
These spreadsheets are not required by the FDIC, but their use will demonstrate one way on how to collect data by type of CD activity, how it’s qualified, and by AA and year. This information will help your regulator capture your bank’s CRA story. You may use these spreadsheets to document and measure your Community Development activities.