Fifteen banks – out of 33 total — were awarded “outstanding” ratings for their compliance with rules implementing anti-redlining laws for evaluations that became public in December, the national bank regulator said Monday.
No banks evaluated for their compliance with rules for the Community Reinvestment Act (CRA) earned the lowest ratings of “needs improvement” and “substantial noncompliance,” the Office of the Comptroller of the Currency (OCC) said. The remaining 18 banks in the December ratings all earned scores of “satisfactory.”
The banks earning “outstanding” ratings were:
- USAA Federal Savings Bank, Phoenix, Ariz.
- Crystal Lake Bank & Trust Company, N.A., Crystal Lake, Ill.
- Libertyville Bank & Trust Company, N.A., Libertyville, Ill.
- Home Bank S.B., Martinsville, Ind.
- Argentine Federal Savings, Kansas City, Kansas
- Cumberland Valley National Bank & Trust Company, London, Ky.
- First & Farmers National Bank, Inc., Somerset, Ky.
- Winter Hill Bank, F.S.B., Somerville, Mass.
- Western National Bank, Cass Lake, Minn.
- The First National Bank of Gordon, Gordon, Neb.
- Y. Safra Bank, F.S.B., New York, N.Y.
- JPMorgan Chase Bank, N.A., Columbus, Ohio
- American First National Bank, Houston, Texas
- American Express National Bank, Sandy, Utah
- National Bank of Commerce, Superior, Wis.
OCC Releases CRA Performance Evaluations for 33 National Banks and Federal Savings Associations
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