Six banks earned ratings of “outstanding” – out of 15 banks evaluated – during July for compliance with anti-redlining rules, the national bank regulator said Friday.
“Outstanding” is the highest rating for banks to receive for compliance with rules implementing the Community Reinvestment Act (CRA), according to the Office of the Comptroller of the Currency (OCC).
The OCC said the six banks earning the top ratings were:
- Big Horn Federal Savings Bank, Graybull, Wyo.;
- Credit One Bank, N.A., Las Vegas, Nev.;
- First Federal Savings and Loan Association of McMinnville, McMinnville, Oregon;
- Ladysmith Federal Savings and Loan Association, Ladysmith, Wis.;
- TD Bank, N.A., Wilmington, Del.;
- The National Bank of Adams County of West Union, West Union, Ohio.
The remaining nine banks on the OCC’s July list received ratings of “satisfactory.” No banks received the lowest ratings: “needs improvement” and “substantial non-compliance.”
OCC Releases CRA Performance Evaluations for 15 National Banks and Federal Savings Associations
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