The 22 banks for which Community Reinvestment Act (CRA) evaluation ratings became public during September, October, and November included 11 rated “satisfactory,” nine rated “outstanding” and one rated “needs to improve,” a federal banking regulator said Wednesday.
The Office of the Comptroller of the Currency (OCC) list included no bank rated as showing “substantial noncompliance” under the anti-redlining statute.
The OCC said its list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The possible ratings are outstanding, satisfactory, needs to improve, and substantial noncompliance.
The nine banks rated “outstanding” were:
- American Bank, National Association, Lemars, Iowa
- The First National Bank in Creston, Creston, Iowa
- First FS & LA, Morehead, Ky.
- Bank of Brookfield-Purdin, National Association, Brookfield, Mo.
- First National Bank, Alamogordo, N.M.
- First National Bank & Trust Company of McAlester, McAlester, Okla.
- First National Bank of Tennessee, Livingston, Tenn.
- Llano National Bank, Llano, Texas
- The Brady National Bank, Brady, Texas
Rated “needs to improve” was First National Bank of Alvin, Alvin, Texas.