I can see there is a lot of pride in what you are accomplishing locally, and I look forward to seeing more groundbreaking work during the remainder of my time here. Every few months, I try to make a visit such as this one to better understand how different communities across the country are experiencing the economy.
Promoting community development is one of the key purposes and functions of the Federal Reserve, and it requires that we have a strong understanding of the impacts of financial policies and practices in communities in all of our Districts.1 I have heard about the important role the Community Reinvestment Act (CRA) has played in strengthening community investment, so I am happy to have this opportunity to learn about your perspectives, as bankers here in Denver, on opportunities for further improvement.