by Radhika Lipton | Nov 29, 2023 | RADD BUZZ
In 1977, the Community Reinvestment Act (CRA) was established to address lending inequities, emphasising reinvestment in underserved communities. Yet, with the rise of digital banking, our understanding of ‘community’ has transformed. Now, an updated CRA...
by Radhika Lipton | Jul 29, 2023 | RADD BUZZ
The community banking sector, a critical part of our financial landscape, faces unique challenges in 2023. From increased regulatory complexity to the need for fostering innovation and talent acquisition, these institutions must navigate a rapidly evolving environment...
by Radhika Lipton | Mar 27, 2022 | RADD BUZZ
Why was the Community Reinvestment Act created? Community reinvestment act was created to require regulatory agencies to encourage financial institutions to help address the credit needs of low and moderate-income neighborhoods through lending and community...