Finance
The Community Reinvestment Act (CRA) requires Missouri banks to:
AMake only safe loans
BMeet the credit needs of all communities they serve, including low- and moderate-income neighborhoods✓ Correct
CCharge lower interest rates in rural areas
DLimit loans to primary residences only
Explanation
CRA requires federally-regulated banks to serve the credit needs of the communities where they operate, including low- and moderate-income areas. CRA ratings affect bank applications for mergers and acquisitions.
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