Senior Housing Crime Prevention Webinar to Focus on CRA Credits and Positive P.R.

In conjunction with the ICBA, the Senior Housing Crime Prevention Foundation and the Florida Bankers Association, we are pleased to bring FBA members a 30-minute webinar geared to provide them with the information they need to get their banks CRA credit while receiving a guaranteed annual yield and no credit risk exposure.

The Senior Housing Crime Prevention has been reviewed by all federal banking regulatory agencies and has passed the rigors of multiple regulatory exams.

In addition, the program offers:

•     Bank directed security selection and CRA assessment area selection;

•     Gain CRA credit by protecting our nation’s Veterans or elderly nursing home population;

•     No overhead commitments or administrative burden; and

•     Positive exposure in your communities adding immeasurably to your banks solid reputation

What regulators are saying:

“The FDIC has been a strong supporter of the Foundation. It has been my experience that financial institutions are responsible community leaders, they are crucial to the well being of our neighborhoods and this kind of program really is as good of an example as any of what can be done when the financial industry focuses attention on neighborhood problems.”  – Martin Gruenberg, Acting Chairman of the FDIC

“The OCC has a long history of supporting the mission of the Foundation, to provide crime prevention services to low and moderate income seniors in nursing home facilities and has continued to demonstrate the support for the program by providing positive CRA consideration for the loans and investments banks make in the Foundation. I think that one of the greatest assets of the Foundation is that it is set up to allow a bank different options to loan or invest funds in the organization. The type and amount of CRA consideration depends on the option the bank chooses, through either a community development loan or a qualified CRA investment.” – Grovetta Gardineer, Deputy Comptroller for Compliance Policy, Office of the Comptroller of the Currency

The webinar will be held on Wednesday, May 9, 2012 at 3:00 PM EST. To register, please click HERE.