Authors: Pogge, Jean, Flax-Hatch, David and Hoyt, Josh
Summary
This report presents the findings and recommendations developed in Phase I of this project assessment of the Bank’s current efforts to meet the credit and deposit needs of the low- and moderate-income residents within its defined CRA service area. Determination of the credit needs within neighboring communities and identification of the particular credit and deposit needs of the low- and moderate-income residents of the Bank’s service area that present an opportunity for the Bank. Development of a series of recommendations that will enable the Bank to better meet its responsibilities under the Community Reinvestment Act. It is intended to serve as an implementation tool for Bank management as the Bank continues its efforts to strengthen its CRA performance.
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Community Lending Opportunities (For The Northern Trust Bank/Lake Forest)
