OCC announces 7 ‘outstanding,’ 30 ‘satisfactory’ ratings in latest CRA list

The 37 bank Community Reinvestment Act (CRA) ratings released in October by the Office of the Comptroller of the Currency (OCC) include no ratings lower than “satisfactory,” according to information released by the agency Thursday.

This round of CRA evaluation results included seven “outstanding” and 30 “satisfactory” ratings for banks’ compliance with the anti-redlining statute. The OCC’s list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. Possible ratings are “outstanding,” “satisfactory,” “needs to improve,” and “substantial noncompliance.”

The seven banks on the October list rated “outstanding” are:

  • CenterState Bank of Florida, National Association, Winter Haven, Fla.
  • MB Financial Bank, National Association, Chicago, Ill.
  • Academy Bank, National Association, Kansas City, Mo.
  • The National Union Bank of Kinderhook, Kinderhook, N.Y.
  • Evergreen Federal Bank, Grants Pass, Ore.
  • Citizen’s Bank, National Association, Providence, R.I.
  • The National Bank of Middlebury, Middlebury, Vt.

OCC Releases CRA Evaluations for 37 National Banks and Federal Savings Associations

CRA Performance Evaluations: October 2018