Promontory’s CRA practice is based on aligning compliance objectives with business models and management’s goals for growth and reputation risk management. The strength of our practice is our ability to quickly assess an institution’s core capacities to excel in CRA performance and propose compliance strategies that are responsive to community needs and designed to meet performance rating objectives. Our clients include banks in formation, limited purpose institutions, and small and large retail banks.
Our CRA practice professionals have years of experience as compliance examiners, supervisory policy makers and CRA program managers. They have designed and executed compliance programs, have written agency rules and guidance, and are conversant with a broad array of external CRA stakeholders. We have worked successfully with institutions facing regulatory challenges, banks filing charter or acquisition applications, and entities establishing or assessing their CRA programs.