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ABA: The American Bankers Association
Industry Insight

ACT Deposit Program: A Simple Solution for Improving Your Bank’s CRA Rating

  • Brought to you by IntraFi
  • Published February 10, 2025

A new initiative offers a safe, straightforward solution to one key aspect of CRA compliance. Launched this past year by the CDBA and the NBA, the Advancing Communities Together Deposit Program provides banks with a secure and efficient way to fulfill their CRA obligations. By placing deposits into CDFIs or MDIs, banks can earn credit toward the CRA’s community development and investment tests.

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