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Exam CRCM topic 1 question 346 discussion

Actual exam question from ABA's CRCM
Question #: 346
Topic #: 1
[All CRCM Questions]

ABC National Bank, an independent bank with $120 million in total assets located in a large urban area, is in the process of determining its option for its CRA evaluation. Which of the following options is NOT open to ABC Bank?

  • A. The small bank performance standard
  • B. The lending, investment, and service tests
  • C. The community development test
  • D. The strategic plan option
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Suggested Answer: C 🗳️


Chosen Answer:
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4 months, 3 weeks ago
Wrong answer....Should be D
upvoted 1 times
Community vote distribution
A (35%)
C (25%)
B (20%)
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