People, every show

Ben Loehle

Co-Founder and CEO, findCRA. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderexecutivefindcra.com ↗

In 2013, Ben Loehle co-founded findCRA, a Louisville-based regulatory technology and data platform designed to help banks satisfy Community Reinvestment Act requirements. He leads the company's business and product strategy, providing software tools and consulting services to connect financial institutions with eligible nonprofits.

What they said6 Shows1

Everything Ben Loehle said on any show that made the record, most notable first. Each card names its show and opens the statement there.

TOP FOUNDERS Assertion Supported

Banks typically allocate 1-2% of Tier 1 capital to CRA investments

“The act does not stipulate an exact percentage, but banks will often look at about to do about a one to two percent of their tier one capital in a community investments to meet their CRA requirements.”

Ben Loehle Nov 28, 2019 ▶ 4:11 1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

TOP FOUNDERS Assertion Supported

Banks are only assessed for CRA compliance where they have physical branches

“Banks, they're only assessed where they have brick and mortar branches.”

Ben Loehle Nov 28, 2019 ▶ 6:05 1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

TOP FOUNDERS Disclosure

Find CRA charges banks between $1,250 and $5,000 annually

“We have three tiers of pricing. If it's a bank that just has like one branch or two branches, it's 1250 a year.”

Ben Loehle Nov 28, 2019 ▶ 9:02 1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

TOP FOUNDERS Assertion Not checkable as stated

Find CRA has 11 banks on its platform 18 months post-launch

“We currently have 11 banks using or about to use the platform, and it, it's kind of covers the full range, and we launched this product about a year and a half ago”

Ben Loehle Nov 28, 2019 ▶ 9:54 1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

TOP FOUNDERS Disclosure

Find CRA has raised about $900,000 in funding to date

“We've raised about 900,000 to date.”

Ben Loehle Nov 28, 2019 ▶ 10:45 1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

TOP FOUNDERS Disclosure

Find CRA pivoted from a high-touch agency model in 2016

“In 2016, we realized that our initial approach to servicing the needs of bridging kind of the gap between nonprofits and banks our initial approach was not going to be scalable. It was too high touch. We were having too much consultation.”

Ben Loehle Nov 28, 2019 ▶ 11:15 1587 Why Banks Pay Him $2k/year To Help Serve Lower Income Community Members

One line per show, most statements first. The link opens Ben's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
TOP FOUNDERSLEDGER	Co-Founder and CEO, findCRA	1	6	100% 2/2	full record on Top Founders →