1.
ABC National Bank, an independent bank with $120 million in total assets located in a large urban area, is in the process of determining its option for its CRA evaluation. Which of the following options is NOT open to ABC Bank?
2.
QRS State Bank is being examined under the lending test. Which of the following is the most relevant criteria for the lending test?
3.
Which of the following institutions could be examined for CRA under the small intermediate bank performance standard?
4.
In the small bank performance standard, which of the following is NOT a criterion?
5.
Which of the following is true of a bank's CRA strategic plan?
6.
A bank received a signed letter criticizing its performance in meeting the credit needs of the community, but not adversely reflecting upon any individual bank employee's reputation. What must the bank do with this letter?
7.
What is the definition of a "small" business under CRA rules?
8.
Which of the following must a "large" bank maintain as part of its CRA program?
9.
A bank has been criticized by an examiner for less than satisfactory CRA performance. The bank must show improvement in its commitment to CRA. For the examiner, what would be LEAST effective in demonstrating the change?
10.
Which of the following is the best method for a large bank to use in monitoring its CRA performance?