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In Business / College | 2025-07-03

CRA performance is evaluated based on:
A. Lending, investment and service tests
B. Lending test only
C. Size and type of institution and the applicable performance standards
D. None of the above

Asked by srpothula08

Answer (2)

CRA performance is evaluated based on three components: lending, investment, and service tests. This evaluation ensures financial institutions support the needs of their communities. The correct answer is option A.
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Answered by Anonymous | 2025-07-03

CRA performance is evaluated based on lending, investment, and service tests. This evaluation ensures that financial institutions meet the credit needs of their communities. Thus, the correct answer is option A. ;

Answered by GinnyAnswer | 2025-07-03

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