The Federal Deposit Insurance Corporation (FDIC) published a list of state nonmember banks recently examined for compliance with the Community Reinvestment Act (CRA), covering the evaluation ratings assigned in February 2025. The CRA requires the FDIC to assess a bank’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operations. The release notes that Congress mandated public disclosure of CRA evaluations and ratings for each bank or thrift examined on or after July 1, 1990, and that consolidated and individual CRA evaluations are available through the FDIC and from the examined banks.
Federal Deposit Insurance Corporation 2025-05-05
Federal Deposit Insurance Corporation issues list of state nonmember banks evaluated for Community Reinvestment Act compliance
The Federal Deposit Insurance Corporation (FDIC) released a list of state nonmember banks examined for Community Reinvestment Act (CRA) compliance, detailing evaluation ratings from February 2025. The CRA mandates assessments of banks' efforts to meet community credit needs, with public disclosure of evaluations required by Congress since July 1990.