WEBINAR | ACT Deposit Program Can Be Used to Support Your Bank’s CRA Credit Needs

WEBINAR | ACT Deposit Program Can Be Used to Support Your Bank’s CRA Credit Needs
May 20, 2025
During this session, experts from the ACT Deposit Program will discuss the structure and benefits of the program, including the positive impact it can have on banks’ CRA ratings.
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Speakers From CDBA and IntraFi® Will Discuss the Value of the ACT Deposit Program in Helping Bankers Obtain CRA Credit While Supporting Local Communities
For many bank executives, meeting the Community Reinvestment Act requirements can feel like solving an intricate puzzle. But a new initiative offers a safe, straightforward solution to one key aspect of CRA compliance.
Launched this past year by the Community Development Bankers Association (CDBA) and the National Bankers Association (NBA), the Advancing Communities Together Deposit Program provides banks with a secure and efficient way to fulfill their CRA obligations. By placing deposits into Community Development Financial Institutions (CDFIs) or Minority Depository Institutions (MDIs), your bank can earn credit toward the CRA’s community development and investment tests.
During this session, experts from the ACT Deposit Program will discuss the structure and benefits of the program, including the positive impact it can have on banks’ CRA ratings.INDEPENDENT BANKER WEBINARS ARE SPONSORED CONTENT AND ARE NOT AN ENDORSEMENT BY ICBA. PLEASE CONTACT [email protected] WITH ANY QUESTIONS.