Forty-five percent of federally chartered banking institutions whose Community Reinvestment Act (CRA) evaluations became public in November – that’s 10 out of a total of 22 institutions on that list – received ratings of “outstanding” from the Office of the Comptroller of the Currency (OCC).
The CRA ratings for the other 12 banks were all “satisfactory,” with no institution on this list receiving a rating of “needs improvement” or “substantial noncompliance,” according to the information released Thursday by the agency.
The list of evaluations under the anti-redlining CRA contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.
The 10 banks rated “outstanding” under the CRA requirements include:
- San Luis Valley Federal Bank, Alamosa, Colo.
- Amerant Bank, National Association, Coral Gables, Fla.
- Collinsville Building and Loan Association, Collinsville, Ill.
- North Shore Trust and Savings, Waukegan, Ill.
- The Old Exchange National Bank of Okawville, Okawville, Ill.
- The First National Bank of Russell Springs, Russell Springs, Ky.
- First National Bank & Trust Co. of Williston, Williston, N.D.
- First National Bank of Tennessee, Livingston, Tenn.
- The Santa Anna National Bank, Santa Anna, Texas
- Woodforest National Bank, The Woodlands, Texas