Pub. 8 2017 Issue 1

www.wvbankers.org 12 West Virginia Banker New Look, New Name, Same Meaningful Mission By CRA Partners C RA Partners is a compliance program you can feel good about. The Senior Housing Crime Prevention Foundation, a trusted brand for over 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 we have a new name and a new look but the same meaningful mission. Funded exclusively by the banking industry, we have approximately $350 million in total loans, investments and grants from 225 bank partners. They have made a positive community impact to protect low- and moderate- income communities nationwide. 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. Banks Enjoy: • Guaranteed CRA credit on loan and investment tests • Opportunity 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 turn-key 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 CRA Partners is your partner every step of the way – from participation through examination! Participation is easy! A bank sponsors a nursing home in its assessment area and has the flexibility to choose whether to structure its commitment as a community development loan, investment, or grant depending on the bank’s need or preference for CRA credit. Once the bank’s financial commitment is in place, we collaborate with the bank to identify nursing homes or Veterans home for the bank to sponsor. From there, we do all of the work, in terms of implementing the Senior Crimestoppers program in the facilities, training the staff and coordinating a public event where we announce to the community what the bank has done for its sponsored facility.