CRA Modernization

The FDIC, Federal Reserve, and OCC have proposed rule making that would strengthen and enhance the Community Reinvestment Act.  What are the implications of these new rules for CRA officers?

  • PRESENTER: Michael E. Selander

    FIELD SUPERVISOR
    Division of Depositor and Consumer Protection
    FDIC

    Michael began his career with the FDIC in 2007 as a Financial Institution Specialist in the Salt Lake City Field Office. Prior to his current position, he was a Review Examiner in the San Francisco Regional Office and a Senior Compliance Examiner in the Salt Lake City Field Office. In addition, he has served as an Acting Supervisory Examiner in the Rocky Mountain Territory (San Francisco Region), Columbus Territory (Chicago Region), and Kansas City Territory (Kansas City Region). Mike earned a Bachelor of Arts degree in Accounting from the University of Utah and is a graduate of the ABA’s Stonier Graduate School of Banking.

  • INTRODUCTION: Kim Hannay

    CRA OFFICER
    Optum Bank

    Kim Hannay is the CRA Officer from Optum Bank with decades of experience serving her community. She is passionate about providing opportunities and support to vulnerable populations by putting bank dollars to work in affordable housing, small business support and job creation. You can often find her at Jr. Achievement City mentoring a 5th grader, teaching single mothers remanded to drug treatment houses, or at local jr. high or high school working to increase financial literacy. Kim says the best part of her job is meeting, working with, and learning from people in the community who have rolled up their sleeves to help others.