🇺🇸 Live Construction & Real Estate

CRA (12 CFR 228)

Requires federal financial regulators to assess how well banks and thrifts meet the credit needs of their communities, including low- and moderate-income neighborhoods. Applies to depository institutions.

Rules extracted

950

Obligations decomposed

35.2x

Avg obligations per rule

🇺🇸 United States

Jurisdiction

What AuditDSS covers

Source

Regulation

Extracted

Rules

Decomposed

950

Obligations

35.2x

Decomposition ratio

Each rule is decomposed into an average of 35.2 atomic obligations — the smallest testable units that can be independently violated.

Fully extracted & scored

All 950 obligations have been decomposed, titled, risk-scored, and embedded for semantic matching.

Risk scoring

Every obligation in CRA Reg BB is scored across independent risk dimensions:

Obligation Weight

How critical within the regulatory framework

Violation Likelihood

How often breached in practice

Enforcement Evidence

Regulator enforcement history and penalties

Cascade Dependency

How many obligations depend on this one

Regulatory details

Full title: CRA (12 CFR 228)
Regulatory body: Federal Reserve Board
Jurisdiction: 🇺🇸 United States
Document type: regulation
Effective date: July 1, 1995
Industry: Construction & Real Estate

Who this applies to

national bankssavings associationsstate-chartered banksinsured credit unions

Key requirements

community credit needs assessment
lending data collection and reporting
fair lending practices
community development activities
CRA performance evaluation

Frequently asked questions about CRA Reg BB

What is CRA Reg BB?

Who does CRA Reg BB apply to?

CRA Reg BB applies to national banks, savings associations, state-chartered banks, insured credit unions.

How many obligations does CRA Reg BB contain?

AuditDSS has decomposed CRA Reg BB into 950 atomic obligations from 27 rules. Each obligation is independently testable and risk-scored.

What are the key requirements of CRA Reg BB?

The key requirements include: community credit needs assessment, lending data collection and reporting, fair lending practices, community development activities, CRA performance evaluation.

How can I assess my CRA Reg BB compliance?

Upload your compliance policy to AuditDSS. The platform maps your document against all 950 CRA Reg BB obligations using deterministic AI scoring — not checklists or LLM summaries. You get a risk-scored gap analysis showing exactly which obligations are covered, partially covered, or missing.

Which jurisdiction enforces CRA Reg BB?

CRA Reg BB is enforced in United States by Federal Reserve Board.

When did CRA Reg BB come into effect?

CRA Reg BB became effective on July 1, 1995.

What industry does CRA Reg BB apply to?

CRA Reg BB is primarily relevant to the Construction & Real Estate industry. AuditDSS covers 82 regulations in this industry sector.

Build a CRA Reg BB compliance pack

Don't have a compliance policy yet? AuditDSS generates a complete compliance pack for CRA Reg BB — alone or combined with other regulations your business needs. Every clause is mapped to specific obligations.

Policy

High-level commitments and governance framework covering CRA Reg BB requirements.

Procedures

Step-by-step operational procedures to implement each policy commitment.

Forms & checklists

Ready-to-use forms, registers, and checklists for day-to-day compliance operations.

Multi-regulation

Combine CRA Reg BB with other regulations into a single unified compliance pack for your business.

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Already have a policy? Assess it against CRA Reg BB

Upload your document

Upload your compliance policy, program manual, or operational document. AuditDSS accepts any text-based document.

AI maps against 950 obligations

Your document is scored against every obligation in CRA Reg BB. Each claim is mapped to the obligation tree and evaluated for coverage.

Risk-scored gap report

Receive every gap ranked by risk priority with remediation guidance, enforcement evidence, and cascade impact analysis.