Perhaps the most unique and important data released by the FFIEC annually is the data pertaining to Community Development Lending. There is no other database in the country that captures this critically important data.
This map shows all MSA's and the counties that make up MSA's for 2019. This is important for Community Reinvestment Act ("CRA") purposes because MSA's are the geographic unit that affects reporting responsibilities and tract income class as well as borrower income classification for CRA and HMDA purposes.
One of the most important CRA responsibilities for Intermediate-Small Banks and Large Banks is "Community Development Lending". But while Community Development Lending is critically important, there is very little information available about the Community Development Loan Market.
The most valuable data publicly available is the annual Community Development file released by the FFIEC. But anyone familiar with the FFIEC "CRA Data Products" knows that capturing the information for any given market is all but impossible.
GeoDataVision President Len Suzio today announced the publication of important Small Business Loan Market Rank and Market Share Reports for each state. "A critical part of CRA performance evaluations is the 'Performance Context' and there is no more important or meaningful performance context data than the actual small business lending data reported under the Community Reinvestment Act (CRA). GeoDataVision is releasing critical market rank and market share data in easy-to-read reports as a free public service to bankers and the public," Suzio stated.