New report summarizes Utah’s community needs for banks’ CRA activities
The Kem C. Gardner Policy Institute finds that Utah benefits from a high concentration of commercial banks, industrial banks, and other financial institutions that engage in Community Reinvestment Act (CRA) activities throughout the state. The new report summarizes Utah’s community needs that can be addressed by CRA activities, including the needs of low- and moderate-income individuals, small businesses, and the general community.