4 of 16 banks evaluated rated ‘outstanding’ under CRA, OCC says

Of the 16 banks whose Community Reinvestment Act (CRA) evaluation ratings became public in September, four were rated “outstanding” and the rest “satisfactory,” the Office of the Comptroller of the Currency (OCC) said Friday.

The four banks rated “outstanding” were: Bank of Bridger, National Association, Bridger, Mont.; Evergreen Federal Bank, Grants Pass, Ore.; First FS & LA of McMinnville, McMinnville, Ore.; and First National Bank of Gillette, Gillette, Wyo.

None of the 16 banks received a rating of “needs to improve” or “substantial noncompliance,” the OCC information shows.

OCC Releases CRA Evaluations for 14 National Banks and Federal Savings Associations