About half of banks – out of 25 total – earned “outstanding” ratings for their compliance with anti-redlining regulations during April, the regulator of national banks said Thursday.
In its latest monthly release of ratings for compliance with Community Reinvestment Act (CRA) regulations, the Office of the Comptroller of the Currency (OCC) said 11 banks earned the highest compliance rating of “outstanding.” The remaining 14 banks, the OCC said, earned ratings of “satisfactory.”
No banks earned the substandard ratings of “needs improvement” or “substantial non-compliance,” according to the agency.
Banks earning “outstanding” ratings included:
- Associated Bank, N.A., Green Bay, Wis.
- Citibank, N.A., Sioux Falls, S.D.
- First National Bank of Oklahoma, Oklahoma City, Okla.
- Lake Forest Bank & Trust Company, N.A., Lake Forest, Ill.
- OceanFirst Bank, N.A., Red Bank, N.J.
- Old Plank Trail Community Bank, N.A., Mokena, Ill.
- Shamrock Bank, N.A., Coalgate, Okla.
- The Granger National Bank, Granger, Texas
- The Huntington National Bank, Columbus, Ohio
- The Old Exchange National Bank of Okawville, Okawville, Ill.
- Union Federal Savings and Loan Association, Kewanee, Ill.
OCC Releases CRA Performance Evaluations for 25 National Banks and Federal Savings Associations
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