CRA Partners is a compliance program you can feel good about. The Senior Housing Crime Prevention Foundation, a trusted brand for more than 15 years, has been providing protection and an enhanced quality of life for vulnerable senior housing residents through a turn-key CRA compliance solution for community focused banks. Now they have a new name and a new look but the same meaningful mission.
Funded exclusively by the banking industry, they have 225 bank partners who have purchased collateral on behalf of their programs that have made a cumulative positive community impact of $283 million to low-and moderate-income communities. It is hard to overstate the transformative effect a bank can have on the lives of seniors by removing the fear of theft and neglect from their lives while also earning CRA credit for your bank.
- Guaranteed CRA credit on the loan and investment tests
- Opportunities for service test credit using tools including Preventing Elder Abuse Toolkit and the Welcome Home Banking website to provide financial education
- Flexible funding options include CRA-qualified loans, investments or grants
- Detailed LMI documentation for positive CRA exam reviews
- Installation of a turnkey program in senior housing facilities, HUD communities and state Veterans homes with no overhead or administrative burden
- Providing enhanced quality of life programs for seniors to enjoy
- Positive public relations exposure in the community.