uk â /juËËniËk/ us â. âº something that is unique is unusual or the only one of its type: Fast-growing companies are in a unique position to attract the best candidates. Over the past 15 years, she has made a unique contribution to the country's business environment. a unique opportunity/set of circumstances.
The Community Reinvestment Act (CRA) is a law intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income (LMI) neighborhoods, consistent with safe and sound banking operations. (CRA does not encourage the extension of unsafe or unsound credit.)
1 Public Law 95-128, 95th Congress, H.R. 6655: Housing and Community Development Act of 1977 [Community Reinvestment Act]. 2  Revisiting the CRA: Perspectives & Policy Discussion on the Community Reinvestment Act, a joint publication by the Federal Reserve Banks of Boston and San Francisco, Federal Reserve System.ongresswoman Eddie Bernice Johnson introduced new legislation -- (Community Reinvestment Modernization Act of 2009) -- on March 12, 2009 to expand the scope of CRA to include non-bank financial institutions, such as credit unions.