Regulator awards nine banks with ‘outstanding’ evaluation ratings for anti-redlining efforts

Nine banks earned ratings of “outstanding” for compliance with anti-redlining rules by the regulator of national banks in July, the agency said Friday – accounting for 30% of all evaluations publicly released last month.

The Office of the Comptroller of the Currency’s (OCC) report also indicated that no banks received “substantial non-compliance” or “needs to improve” evaluation ratings for their compliance with Community Reinvestment Act (CRA) rules.

The remaining 21 banks (of the 30 total) received scores of “satisfactory,” according to the OCC list of banks whose CRA performance ratings became public Friday.

According to the OCC, the banks receiving the “outstanding” scores were:

  • First Century Bank, N.A., Gainesville, Ga.
  • Security Federal Savings Bank, Logansport, Ind.
  • First FS & LA of Bath, Bath, Maine
  • Amory FS & LA, Amory, Miss.
  • Fairfield FS & LA, Lancaster, Ohio
  • Citizens Bank, N.A., Providence, R.I.
  • Dallas Capital Bank, N.A., Dallas, Texas
  • The First National Bank of Shiner, Shiner, Texas
  • Morgan Stanley Bank, N.A., Salt Lake City, Utah

OCC Releases CRA Evaluations for 30 National Banks and Federal Savings Associations

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