Eleven banks and thrifts located in Colorado, Florida, Wisconsin, and Illinois have been rated “outstanding” for Community Reinvestment Act (CRA) compliance, according to the list of 48 CRA ratings made public in January by the Office of the Comptroller of the Currency (OCC).
Of the 48 banks rated, 37 were found to be “satisfactory” for compliance with 1977 the anti-redlining statute, the OCC said in its release Friday. None received a rating of “needs to improve” or “substantial noncompliance.”
Of the 11 institutions rated “outstanding,” there was one each from Colorado, Florida, and Wisconsin; the remaining eight were in Illinois. The eleven are as follows:
- Native American Bank, National Association, Denver, Colo.
- Edison National Bank, Fort Myers, Fla.
- Nicolet National Bank, Green Bay, Wis.
- The Atlanta National Bank, Atlanta, Ill.
- State Farm Bank, FSB, Bloomington, Ill.
- Barrington Bank & Trust Company, National Association, Barrington, Ill.
- Beverly Bank & Trust Company, National Association, Chicago, Ill.
- Crystal Lake Bank & Trust Company, National Association, Crystal Lake, Ill.
- Lake Forest Bank & Trust Company, National Association, Lake Forest, Ill.
- Old Plank Trail Community Bank, National Association, Mokena, Ill.
- Schaumburg Bank & Trust Company, National Association, Schaumburg, Ill.
The OCC performs CRA evaluations of national banks, federal savings associations, and insured federal branches of foreign banks.