A Bank Received a Signed Letter Criticizing Its Performance in Meeting

A bank received a signed letter criticizing its performance in meeting the credit needs of the community, but not adversely reflecting upon any individual bank employee's reputation. What must the bank do with this letter?

A) Have it reviewed and discussed by the board of directors
B) File it with the regional office of the bank's federal regulator
C) Retain it in the CRA public comment file
D) Answer it within 10 business days

Correct Answer:

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