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How does a bank keep track of its progress with regard to CRA?

Bank CRA progress regard track
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How does a bank keep track of its progress with regard to CRA?

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Every loan originated by a lender is coded by geography, which includes the MSA/MA, State Code, County Code and Census Tract. Using this information in conjunction with the bank’s defined market, a bank can monitor its own performance using a variety of software products. The federal government provides two such products free of charge and there a number of vendor products available that offer analytical tools designed specifically for this purpose.

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