CRAi compares your bank’s Community Reinvestment Act (CRA) performance against peers chosen for genuine comparability, not just asset size. This short demo walks through assessment areas, peer selection, the scorecard and community development.
| Related: We analyzed 80,000+ CRA exam records across more than 35 years.Here’s what we found.
Transcript
Transcript generated from the video’s captions and lightly corrected for product names and CRA terminology.
0:00 Introduction
Kevin: Hey everyone, it’s Kevin with FairPlay and today I’m going to be walking you through an overview of our CRAi platform. Let’s begin.
0:06 What CRAi is
Kevin: CRAi is the definitive CRA intelligence platform. We built it using more than 80,000 public performance evaluations and the lending, deposit, and demographic data behind them. With CRAi, any CRA officer can see how their bank performs against real peers in every assessment area, understanding the reasoning and trace every number back to its source.
0:28 The three questions it answers
Kevin: So, CRAi answers three things. How do you compare to peers nationally and by assessment area? Where should you act next to improve your rating? And can you show the data behind your CRA narrative?
0:40 The example bank
Kevin: For this demo, we’ll use a bank called Sawtooth. The name of the bank is made up, but the data underneath it is real. Sawtooth gets examined as an intermediate small bank, so lending and community development carry most of the weight.
0:55 Assessment areas
Kevin: This is the assessment area screen, and it’s the first place we land with any new institution. Your evaluation footprint shows every county and tract that counts as yours, and it’s completely populated. If you file disclosure documents, we pull straight from those. If you don’t, we derive it from where your deposits actually sit. Then check that against your own performance evaluations. Anything you don’t agree with, you change. Add a county, drop one, redraw the footprint entirely. Your assessment area is the denominator for every number that follows.
1:26 Choosing peers
Kevin: Peers work the same way. We suggest a set. You decide whether to keep it. Choose one peer set across your whole footprint or a different set for every assessment area and every test. Peer comparison is exactly what your examiner is going to do. And this allows you to take a first pass at it.
1:41 The scorecard
Kevin: Here you can see your scorecard. On the left is your time frame and geography from institution-wide down to a rated area down to a single assessment area. On the right you can see your peer set, a feature that’s unique to CRAi. You can repaint the map based on whatever you’re trying to answer. Below the map is where you get some real insights. strengths, watch points, and your biggest levers written for the exact view you’re in.
2:08 Lending narrative
Kevin: Open the lending tab, and you’ll find a lending narrative with metrics behind it. Some of this you’ll already know, some of it you won’t. Now, watch what happens when I drop into Boise City. Nine peers across Idaho become three because those are the three that actually operate here.
2:21 Community development
Kevin: Community development works the same way. Qualified investments, current and prior, percent of deposits or tier one capital, plus CD lending, service hours, grants, all lined up against peers.
2:34 Where to go next
Kevin: There’s a lot more under the hood to this tool, and it becomes even more powerful when you bring your own data. We have a ton of resources available, like our interactive CRA insights, the CRA FYI podcast series, and if you’d like a demo, we’re happy to show you CRAi in action with data from your bank and your peers. Thanks for watching.
