Remove 2026 Remove CECL Remove Credit and Collections
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CRA compliance: A data-driven strategy

Abrigo

The Community Reinvestment Act (CRA) ensures that banks provide fair access to credit and other financial services. To keep up with the CRAs requirements, many of which center on enhanced data collection, banks must take a more data-driven and strategic approach to compliance. LEARN MORE CRA compliance by bank size: W hats required ?

CECL 78
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The CFPB section 1071 effective date

Abrigo

Timelines for small business loan data collection and reporting Deadlines for complying with the new CFPB section 1071 rule requirements for financial institutions to collect data on small business loan activities. Takeaway 3 The earliest deadline requires financial institutions to begin collecting data Oct.