Leslie Anderson, president and CEO of a $53-million ag bank in Nebraska, told the House Financial Services Committee that CRA should cover all depository institutions, specifically credit unions. Anderson also proposed:

“eliminating the ‘intermediate small’ bank category from the evaluation process and suggested that calls for a more narrow definition of community development risk complicating the evaluation process and deterring banks from maximiziing CRA opportunities.”

Anderson testified for the American Bankers Association, which posted her testimony.