Reduce liability for losses on commercial accounts by adhering to four requirements.
OCC Releases CRA Evaluations For 39 National Banks
Aug 24 - The Office of the Comptroller of the Currency has released a list of Community Reinvestment Act performance evaluations that became public during the period of July 15, 2010 through August 14, 2010. 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 39 evaluations made public this month, 9 were outstanding, 30 were satisfactory, and none was needs to improve. None were substantial noncompliance. Evaluations are available from links on www.occ.treas.gov/cra/aug10.htm. The OCC’s website (www.occ.treas.gov) also offers access to a searchable list of all public CRA evaluations (www.occ.treas.gov/cra/crasrch.htm). Copies of the actual evaluations ! may be obtained by submitting a request electronically through the OCC's online FOIA site https://appsec.occ.gov/publicaccesslink/. You can also obtain copies by writing to the Office of the Comptroller of the Currency, Communications Division, Mailstop 2-3, Washington, DC 20219. When requests are made electronically, remember to include your postal mail address. Facsimile requests may be sent to 202-874-5274.
Click here for this month's list.