The Federal Deposit Insurance Corporation (FDIC) released its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA), covering the CRA evaluation ratings assigned in March 2025. Under the 1977 CRA, the FDIC assesses 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 also notes that the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 requires public disclosure of CRA evaluations and ratings for banks and thrifts examined on or after 1 July 1990, and points to a consolidated historical list and access to individual evaluations through the bank or the FDIC.
Federal Deposit Insurance Corporation 2025-06-05
Federal Deposit Insurance Corporation publishes March 2025 Community Reinvestment Act examination ratings for state nonmember banks
The Federal Deposit Insurance Corporation (FDIC) published its list of state nonmember banks evaluated for compliance with the Community Reinvestment Act (CRA) in March 2025. The CRA mandates banks to meet the credit needs of their communities, including low- and moderate-income areas, while maintaining safe operations. Public disclosure of CRA evaluations is required under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.