FDIC Releases October List of CRA Compliance Examinations

Federal Issues Bank Compliance CRA FDIC

On October 5, the FDIC published its monthly list of state nonmember banks recently evaluated for CRA compliance. The list reports CRA evaluation ratings assigned to institutions in July 2017 as required by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989. Of the 59 banks evaluated, six were rated “Outstanding,” 52 received a “Satisfactory” rating, and one was rated “Needs to Improve.” Monthly lists of all state nonmember banks and their evaluations that have been made publicly available may be accessed through the FDIC’s website.