Press Release: FDIC Issues List of Banks Examined for CRA Compliance
PRESS RELEASE | SEPTEMBER 4, 2024
FDIC Issues List of
Banks Examined for CRA Compliance
WASHINGTON - The Federal
Deposit Insurance Corporation (FDIC) today issued its list of state
nonmember banks recently evaluated for compliance with the Community
Reinvestment Act (CRA). The list covers evaluation ratings that the
FDIC assigned to institutions in June 2024.
The CRA is a 1977
law that requires the FDIC to assess a bank’s record of meeting the
credit needs of its entire community, including those of low- and
moderate-income neighborhoods, consistent with safe and sound
operations. As part of the Financial Institutions Reform, Recovery,
and Enforcement Act of 1989 (FIRREA), Congress mandated the public
disclosure of an evaluation and rating for each bank or thrift that
undergoes a CRA examination on or after July 1, 1990.
You may
obtain a consolidated list of all state nonmember banks whose
evaluations have been made publicly available since July 1, 1990,
including the rating for each bank, or obtain a hard copy from FDIC's
Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington,
VA 22226 (877-275-3342 or 703-562-2200).
A copy of an
individual bank's CRA evaluation is available directly from the bank,
which is required by law to make the material available upon request,
or from the FDIC's Public Information
Center.
ATTACHMENTS:
September 2024 List of Banks
Examined for CRA Compliance
Monthly List of Banks Examined for
CRA Compliance
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MEDIA CONTACT: LaJuan Williams-
[email protected]
FDIC: PR-74-2024
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