Ten banks earned anti-redlining scores of “outstanding” – out of 26 total banks evaluated – and none earned anything less than “satisfactory,” according to ratings issued Monday by the national bank regulator.
The Office of the Comptroller of the Currency (OCC), in its latest release of bank ratings for compliance with rules implementing the Community Reinvestment Act (CRA), said the 10 banks earning the highest compliance ratings were:
- Collinsville Building and Loan Association, Collinsville, Ill.
- First Neighbor Bank, N.A., Toledo, Ill.
- Lyons Federal Bank, Lyons, Kansas
- Lake Shore Savings Bank, Dunkirk, N.Y.
- Ponce Bank, Bronx, N.Y.
- Shamrock Bank, N.A., Coalgate, Okla.
- The Security National Bank of Enid, Enid, Okla.
- Wells Fargo Bank, N.A., Sioux Falls, S.D.
- The Granger National Bank, Granger, Texas
- Capital One, N.A., McLean, Va.
No banks received the lowest ratings of “needs improvement” or “substantial noncompliance.” The ratings are based on performance evaluations that became public during the period of Feb. 1-28.
OCC Releases CRA Performance Evaluations for 26 National Banks and Federal Savings Associations
Leave a Reply