RiskExec Launches 2024 Community Reinvestment Act Data for Financial Institutions

On November 13, 2025, RiskExec, Inc., a prominent player in compliance reporting and analytics, proudly announced that its platform has been enhanced to include the highly anticipated 2024 Community Reinvestment Act (CRA) Peer Data. This announcement came just hours after federal bank regulatory agencies released the data, demonstrating RiskExec's commitment to delivering timely and essential information to financial institutions.

The 2024 CRA data reflects critical insights into small business, small farm, and community development lending. It encompasses the activities of 731 lenders who reported their origination and purchase data related to small loans (those under $1 million for businesses and $500,000 for farms). This new dataset represents a 1.4% increase in reporting institutions compared to 2023, further highlighting the growing engagement in community-focused lending.

Notably, of the 731 institutions involved in the 2024 reporting, 61 had assets below the mandatory reporting threshold but chose to report voluntarily or opted for evaluation as larger institutions during CRA examinations. This trend underscores the increasing importance of CRA compliance across lenders of various sizes.

Dr. Anurag Agarwal, Co-Founder and President of RiskExec, emphasized the significance of prompt access to comprehensive data for financial institutions: "For over ten years now, RiskExec has been first-to-market with every peer data set. Timely access to comprehensive data is essential when it comes to financial institutions being able to make informed decisions." He expressed pride in the platform’s ability to provide immediate insights to clients on the same day the data is released by federal agencies.

The integration of the 2024 CRA data marks a significant update to RiskExec's Peer Analysis and CRA modules. With the enhancement, clients can access crucial small business and small farm reports, enabling them to conduct in-depth analyses relevant to their operations. RiskExec's software has built a reputation for its capability to perform sophisticated trend analyses and opportunity assessments without the need for costly consulting services.

The platform's design allows financial institutions to geocode data, proactively identify areas of disparate impact, and take corrective actions as necessary, improving their compliance practices with the CRA, HMDA, and Fair Lending regulations. The browser-based interface ensures that users stay informed on evolving legislative and regulatory requirements in real time, making it easier to meet compliance demands seamlessly.

As the financial landscape becomes increasingly intricate, RiskExec continues to innovate, empowering banks, credit unions, and non-traditional lenders to shift their focus from simply identifying problems to proactively building opportunities for growth and community development.

For anyone seeking to enhance their compliance reporting processes and gain a competitive edge in the market, exploring the new features from RiskExec is a valuable next step. To learn more about the opportunity presented by the 2024 CRA data and how it can benefit your institution's decision-making processes, visit riskexec.com.

As the demand for transparent and equitable lending practices grows, RiskExec stands at the forefront of technology-driven compliance solutions, ensuring that institutions are not only compliant but also poised for growth in their community lending efforts.