Digital Transformation and the Community Reinvestment Act: Partnering with Fintechs to Serve LMI Communities
The community reinvestment act (CRA) is a decades-old law requiring banks to meet the credit needs of their community, but with all the changes that have taken place in banking over the last 10 years, how can FIs can partner with fintechs to best serve their communities. ?
In this episode, Nathalia Artus, SVP, Director of Community Development and Reinvestment & CRA Officer at Atlantic Union Bank, discusses how her bank approaches CRA and how strategic partnerships will play a part in community development in the future.
We discuss:
- How the digital transformation affected the customers CRA…
The skinny
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