OCC Releases CRA Evaluations For 16 National Banks

 

WASHINGTON, DC -- The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of  May 15, 2003  through  June 14, 2003.  The list contains only national banks and insured federal branches of foreign banks that have received ratings.  The possible ratings are outstanding, satisfactory, needs to improve, and substantial noncompliance.

 

Of the 16 evaluations made public this month, 3 were outstanding, 13 were satisfactory. None were needs to improve.  None were substantial noncompliance.   Evaluations are available from links on http://www.occ.treas.gov/cra/Jun03.htm.  The  OCC’s World Wide Web site (http://www.occ.treas.gov) also offers access to a searchable list of all public CRA evaluations (http://www.occ.treas.gov/cra/crasrch.htm).   Paper copies of the actual evaluations may be obtained by e-mail request to FOIA-PA@ occ.treas.gov or from:  Office of the Comptroller of the Currency,  Public Information Room, Mailstop 1-5, Washington, DC 20219.  When requests are made electronically, remember to include your postal mail address.  Facsimile requests may be sent to (202) 874-4448.

 

              This month's list of ratings is attached.

             

 

 

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The OCC charters, regulates and examines approximately 2,200 national banks and 52 federal branches of foreign banks in the U.S., accounting for more than 54 percent of the nation’s banking assets. Its mission is to ensure a safe and sound and competitive national banking system that supports the citizens, communities and economy of the United States.