Six banks earned ratings of “outstanding” – out of 21 banks evaluated — for their compliance with rules implementing anti-redlining laws, according to April performance evaluations released Monday by the national bank regulator.
The remaining 15 banks earned ratings of “satisfactory,” the Office of the Comptroller of the Currency (OCC) said in its release.
“Outstanding” is the highest rating the OCC gives to banks for their compliance with rules implementing the Community Reinvestment Act (CRA). No banks earned the lowest rating of needs to improve or substantial non-compliance.
The banks receiving the highest rating were:
- First National Bank, Paragould, Ark.
- First Shore Federal Savings & Loan Association, Salisbury, Md.
- Maple City Savings Bank, Federal Savings Bank, Hornell, N.Y.
- National Cooperative Bank, National Association, Hillsboro, Ohio
- First National Bank of Tennessee, Livingston, Tenn.
- Amarillo National Bank, Amarillo, Texas.
OCC Releases CRA Performance Evaluations for 21 National Banks and Federal Savings Associations
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