Six banks earned the highest ratings of “outstanding” for their compliance with anti-redlining rules in November and January, two federal banking agencies said Monday and Tuesday.
According to the Office of the Comptroller of the Currency (OCC, which released its Community Reinvestment Act (CRA) ratings for banks Monday) and the Federal Deposit Insurance Corp. (FDIC, which released its ratings Tuesday), the banks earning the “outstanding” ratings are:
For OCC (for November):
- Stearns Bank, N.A., St. Cloud, Minn.
- Patrons Bank, N.A., Okmulgee, Okla.
- Nicolet National Bank, Green Bay, Wis.
For FDIC (for January):
- Belmont Savings Bank, Bellaire, Ohio.
- Community Valley Bank, El Centro, Calif.
- Spring Bank, Bronx, N.Y,
The agencies reported further that 72 banks evaluated for CRA compliance earned ratings of “satisfactory.”
Only two banks between the agencies earned the lower rating of “needs to improve.” Those banks (both rated by the OCC) are:
- United Trust Bank, Palos Heights, Ill.
- First Federal Savings and Loan Association of Lorain, Lorain, Ohio.
FDIC: Monthly List of Banks Examined for CRA Compliance – February 2025
OCC Releases CRA Performance Evaluations for 20 National Banks and Federal Savings Associations
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