CRA Partners Advisory Board Provides Insight so Community Banks Can Protect Seniors

“We are lucky to have a strong group of mission-minded banking partners who have agreed to give their time and considerable experience to help us form this advisory board,” said Edward J. Gentry, chairman, president and CEO of CRA Partners. “We will benefit greatly from their perspectives on how to reach community banks needing guaranteed Community Reinvestment Act (CRA) credit using flexible funding options while requiring no administrative burden, and providing an opportunity to gain positive public relations exposure by protecting seniors in their communities.”

Memphis, TN (April 12, 2017)  – CRA Partners is proud to announce that it has formed an advisory board made up of community banking partners to further the mission of providing safe and secure living environments and an enhanced quality of life for seniors in nursing homes, HUD communities and state veterans homes.

“We are lucky to have a strong group of mission-minded banking partners who have agreed to give their time and considerable experience to help us form this advisory board,” said Edward J. Gentry, chairman, president and CEO of CRA Partners. “We will benefit greatly from their perspectives on how to reach community banks needing guaranteed Community Reinvestment Act (CRA) credit using flexible funding options while requiring no administrative burden, and providing an opportunity to gain positive public relations exposure by protecting seniors in their communities.”

The CRA Partners Advisory Board is honored to have Pattie Corder, SVP & Compliance Officer of Monticello Banking Company in Monticello, KY; Charlie Schwabe, EVP & Chief Risk Officer of Howard Bank in Ellicott City, MD; Bruce Wright, EVP & Regional Manager of Lake City Bank in Warsaw, IN; Keith Turbett, SVP & CRA Officer for First Tennessee Bank in Memphis, TN; Nancy Malinconico, First VP, Chief Compliance Officer & CRA Officer of Kearny Bank in Oakhurst, NJ; Robert Harris, VP & Community Lending Officer of BancorpSouth in Tupelo, MS, Wanda Stevens, VP of the Texas Bankers Association; and Kevin Kane, President of Financial Regulatory Consulting, Inc.

CRA Partners provides protection and an enhanced quality of life for vulnerable senior housing residents through a turn-key CRA compliance solution for community focused banks.  Participating banks earn guaranteed CRA credit in the form of CRA-qualified loans, investments or grants through the operation of the nationally-acclaimed crime prevention program, Senior Crimestoppers. This program protects low-and-moderate income individuals and provides safe and secure living environments for our nation’s seniors.

Funded exclusively by the banking industry, CRA Partners has 225 bank partners who have purchased $340 million in collateral on behalf of our programs that have made a positive community impact to low- and moderate-income communities. 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.