Seven of the 17 bank examination results for compliance with anti-redlining rules in August showed banks with “outstanding” ratings, the national bank regulator said Tuesday.
The remaining 10 banks received ratings of “satisfactory,” the Office of the Comptroller of the Currency (OCC) said. No banks earned subpar ratings of “needs improvement” or “substantial noncompliance,” the lowest mark.
Banks earning “outstanding” ratings (the highest) included:
- Malaga Bank F.S.B., Palos Verdes Peninsula, Calif.
- Universal Bank, West Covina, Calif.
- The Security National Bank of Sioux City, Iowa, Sioux City
- Farmers National Bank, Phillipsburg, Kansas
- The Citizens National Bank of Meridian, Meridian, Miss.
- Bank of Bridger, N.A., Bridger, Mont.
- Home National Bank, Racine, Ohio