Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Of these 78 banks getting CRA evals, 8 were ‘outstanding,’ and 1 ‘needs to improve’
Banking regulators rated eight banks “outstanding” for their efforts under the anti-redlining Community Reinvestment Act (CRA) and deemed one “needs to improve,” with the remaining institutions deemed satisfactory, the agencies said in releases last week […]