PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. September 6, May National Bank of Arizona Charter Number: 21920
|
|
|
- Shonda Mitchell
- 8 years ago
- Views:
Transcription
1 Comptroller of the Currency Administrator of National Banks St. Louis Duty Station Olive Blvd., Suite 650 St. Louis, Missouri PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION September 6, 1996 May National Bank of Arizona Charter Number: South 52nd Street Tempe, Arizona NOTE: This evaluation is not, nor should it be construed as, an assessment of the financial condition of this institution. The rating assigned to this institution does not represent an analysis, conclusion or opinion of the federal financial supervisory agency concerning the safety and soundness of this financial institution.
2 GENERAL INFORMATION The Community Reinvestment Act (CRA) requires each federal financial supervisory agency to use its authority when examining financial institutions subject to its supervision, to assess the institution s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operation of the institution. Upon conclusion of such examination, the agency must prepare a written evaluation of the institution s record of meeting the credit needs of its community. This document is an evaluation of the CRA performance of the May National Bank of Arizona (MBA), prepared by the Office of the Comptroller of the Currency (OCC), the institution s supervisory agency, as of September 6, The agency evaluates performance in assessment area(s), as they are delineated by the institution, rather than individual branches. This assessment area evaluation may include visits to some, but not necessarily all of the institution s branches. The agency rates the CRA performance of an institutions consistent with the provisions set forth in Appendix A to 12 CFR Part 25. Institution s CRA Rating: This institution is rated Satisfactory. Given its limited purpose, May National Bank of Arizona (MBA) has a satisfactory record of meeting the credit needs of its assessment area. MBA has made a reasonable level of investments that are community development-oriented and which benefit the community. Additionally, the May Department Stores Company (May), its parent company, maintains deposit and credit relationships with several women and minority owned financial institutions which contribute positively to MBA s performance. We found the bank in noncompliance with a substantive provision of the Equal Credit Opportunity Act (ECOA). We identified a pattern or practice of differential treatment of credit card applicants based on age. In certain instances, underwriters approved the applications of persons who lacked any credit history, and in other instances, underwriters denied applicants for that same reason. The determining factor was the applicant s age. This practice was a result of senior management s desire to make credit more accessible to applicants who would not otherwise meet the bank s underwriting requirements. Management s goal was to increase the number of approvals by making allowances for some applicants who lacked sufficient credit history. While the practices resulted in a violation of ECOA, the end result was a greater number of applicants received credit. Encouraging financial institutions to use innovation and flexibility to make credit more available is one of the CRA s guiding principles. Given senior management s motivations, the resulting increased number of approvals, and MBA s qualified community development investments, the violation did not adversely impact the bank s overall satisfactory performance.
3 Description of The Institution: May National Bank of Arizona received its National Bank Charter on April 1, MBA is a credit card bank as defined by the Competitive Equality Banking Act of 1987 (CEBA). Consequently, its activities are limited to performing services related to credit card underwriting and processing. MBA may not accept retail deposits, make commercial loans, or offer any non-credit card services to its customers. MBA s request to be designated a limited purpose bank was approved by the Office of the Comptroller of the Currency on January 22, MBA is located in Tempe, Arizona and is a wholly-owned subsidiary of May Funding, Inc., which in turn is a wholly-owned subsidiary of The May Department Stores Company. May is one of the largest retailing companies in the nation and operated 346 department stores throughout the country as of fiscal year-end February 3, It owns and operates eight major department store chains including: Famous-Barr, Filene s, Foley s, Hecht s, Kaufmann s, Lord & Taylor, Meir & Frank, and Robinson s-may. MBA extends credit to customers of L.S. Ayers, a unit of Famous-Barr, Meier & Frank, and Robinson s-may. In addition, MBA processes credit card remittances for other May department stores. As of June 30, 1996, the bank had total assets of $4.3 million and year-to-date net income of $1.2 million. Deposits totaled $100,000. CEBA restricts deposits that MBA may accept to those of $100,000 or greater. Conclusions With Respect to Performance: Through financial contributions to government and private sector agencies, MBA effectively participates in community development and redevelopment efforts. MBA has made financial contributions to non-profit organizations engaged in affordable housing, small business development and consumer credit counseling in the bank s assessment area. The bank s CRA performance is further strengthened by qualified investments originated by its parent firm, The May Department Stores Company and its charitable foundation. Community Reinvestment Act related donations totaled $65,000 during 1995 and $91,500 year-todate Specific groups supported include: Local Initiative Support Corporation (LISC) LISC is the nations largest community development intermediary providing financial and technical support to grassroots non-profit Community Development Corporations (CDC s). These CDC s develop affordable housing, spur commercial investments, create jobs and offer a range of social services that revitalize and reinvigorate communities. LISC provides a link between communities, corporations, foundations, and governments. MBA contributed $25,000 to LISC in both 1995 and Self Employment Loan Fund (SELF) SELF is a non-profit organization that helps low-income individuals, especially women and minorities, start or expand micro-businesses as a way out of poverty. SELF offers training, technical assistance and loans through a Borrowers Circle lending program. Micro-businesses are small and 3
4 usually home-based with low start-up and operating costs. Micro-businesses usually have one to five employees. MBA donated $25,000 to SELF in both 1995 and Consumer Credit Counseling Services Southwest (CCCS) The mission of CCCS Southwest is to provide a nonprofit community service dedicated to delivering professional consumer credit education, confidential counseling and debt repayment programs to all segments of the communities served. MBA has extended support to CCCS s Educational Division whose purpose is to provide consistent, comprehensive and quality educational programs that reach and address the needs of all segments of the community. These programs help identify a problem or series of problems in individual financial situations, and educate individuals regarding the various aspects of decision-making, budgeting, money management, and the appropriate use of credit. MDA gave $7,500 to CCCS in 1996 and $10,000 in An additional $5,000 was provided to the National Consumer Credit Counseling Service in Habitat for Humanity Habitat for Humanity is an ecumenical non-profit corporation created to provide affordable housing for working families of modest means. Their mission is to eliminate poverty housing by building affordable houses in areas of need. They are affiliated with Habitat for Humanity International which has built 50,000 houses through the work of 1,400 U.S. affiliates and affiliates in 46 countries around the world. Habitat for Humanity is the 17th largest home builder in the U.S. Habitat for Humanity received a $25,000 contribution from MBA in Regional Housing Alliance & St. Louis Equity Fund, Inc. Through The May Department Stores Company Foundation (Foundation), May supports the Regional Housing Alliance and the St. Louis Equity Fund, Inc. of St. Louis, Missouri. The goal of these organizations is to develop affordable housing for low- to moderate-income families within the greater St. Louis region. The Foundation and May are both headquartered in St. Louis. In 1995, the Foundation contributed $197,000 to the Regional Housing Alliance and $139,000 to the St. Louis Equity Fund. One half of these amounts; or $98,500 and $69,500, respectively; can be allocated to MBA s Community Reinvestment Act performance. Minority Bank Deposit and Credit Program May implemented a Minority Bank Deposit and Credit program for women and minority owned financial institutions located throughout the United States. Through the Boston Bank of Commerce, an African-American owned bank located in Boston, Massachusetts, May maintains time deposits and business lines of credit with twenty women/minority owned financial institutions. Presently, May has a total $697,500 in certificates of deposit and $8,275,000 in lines of credit with these institutions on behalf of MBA. 4
5 ASSESSMENT AREA Description of Assessment Area: MBA has designated its assessment area as the Phoenix-Mesa, Arizona Metropolitan Statistical Area (MSA). MBA s office is located at 1615 South 52nd Street, Tempe, Arizona The bank s charter under CEBA limits its activities at this location to those associated with the processing of credit cards. The Phoenix-Mesa MSA (MSA #6200) is characterized by middle-income as demonstrated by the following table: Income # of % of Designation Households Households Low 33,266 4% Moderate 226,606 27% Middle 347,946 41% Upper 239,482 28% The geographic makeup of the assessment area is consistent with the composition of the individual households. Of the 486 census tracts in the MSA, 184 (38%) are designated middle-income, 122 (25%) moderate income, and 149 (30%) upper income. Local economic conditions are good. Unemployment rates have historically been low. The service and retail industries are the main providers of employment followed by government and manufacturing. The 1996 median family income for the MSA is $45,000. There are in excess of 1,005,000 housing units in the MSA, with 84% currently occupied. Owner-occupied units total 540,000 (53%). SCOPE OF EXAMINATION We reviewed the bank s CRA performance from June 1, 1994 through September 6, 1996, using examination procedures developed for the Community Development Test. Specifically, we assessed the level of qualified community development loans, investments, and services originated during the evaluation period. In addition, we considered qualified community development investments of MBA s parent company and an affiliated charitable foundation which impact its assessment area, or a broader statewide or regional area. 5
PUBLIC DISCLOSURE. August 24, 1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks Limited Purpose Midwestern District Office 2345 Grand Blvd., Suite 700 Kansas City, Missouri 64108 PUBLIC DISCLOSURE August 24, 1998 COMMUNITY
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks SMALL BANK PUBLIC DISCLOSURE November 2, 1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Heritage National Bank Charter Number 13973 2700
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE July 12, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First National Bank of LaGrange Charter Number 13941
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
O Comptroller of the Currency Administrator of National Banks Small Bank Northeastern District 1114 Avenue of the Americas, Suite 300 New York, New York 10036 PUBLIC DISCLOSURE May 10, 1999 COMMUNITY REINVESTMENT
PUBLIC DISCLOSURE. May 29, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Midland FS&LA Charter Number 704475
SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE May 29, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Midland FS&LA Charter Number
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Small Bank Performance Evaluation PUBLIC DISCLOSURE November 30, 1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Guaranty National Bank of Tallahassee Charter Number 21162 111 South Monroe Street
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE July 30, 1996 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION National Bank of Hastings Charter # 13857 241 West State Street
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE September 18, 2006 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Equity Bank, A National Association
PUBLIC DISCLOSURE. March 02, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. First National Bank of Michigan Charter Number 24637
O SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE March 02, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First National Bank of Michigan
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE January 28, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Federal
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE March 24, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Charter National Bank And Trust
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE January 26, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First National Bank of Grant
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE May 29, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Wolverine Bank,
PUBLIC DISCLOSURE. March 17, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Pioneer Trust Bank, National Association Charter Number 21060
O SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE March 17, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Pioneer Trust Bank, National Association
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE December 4, 1997 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Emprise Bank, National Association Charter Number 3885 1200
Public Disclosure. Community Reinvestment Act Performance Evaluation
Comptroller of the Currency Administrator of National Banks SMALL BANK Public Disclosure January 4, 1999 Community Reinvestment Act Performance Evaluation FIRST INTERSTATE BANK OF ALASKA, N.A. Charter
PUBLIC DISCLOSURE. April 13, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. CenterState Bank Central Florida, N.A. Charter Number 21730
O SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE April 13, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CenterState Bank Central Florida,
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks Wholesale Institution PUBLIC DISCLOSURE July 19, 1999 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION U.S. Trust Company, N.A. Charter Number
PUBLIC DISCLOSURE. December 17, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Excel National Bank Charter Number 24493
O SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE December 17, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Excel National Bank Charter
Bankruptcy Evaluation - First National Bank of Grand Ridge, Illinois
SMALL BANK Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE December 23, 2002 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The First National Bank Of Grand Ridge Charter
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE June 23, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION NewFirst National Bank Charter Number 6112 202 East Jackson, El Campo, TX 77437 Office of the Comptroller of the Currency
GENERAL INFORMATION. INSTITUTION'S CRA RATING: This institution is rated ASatisfactory@.
GENERAL INFORMATION The Community Reinvestment Act (CRA) requires each federal financial supervisory agency to use its authority when examining financial institutions subject to its supervision, to assess
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE March 08, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Security Bank, National
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 07, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Lake Federal, FSB Charter Number 706128 7048 Kennedy Ave Hammond, IN 46323-2212 Office of the Comptroller of the Currency
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE August 03, 2015 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The First National Bank of Durango Charter Number 2637 259 West 9th Street Durango, CO 81302 Office of the Comptroller
Public Disclosure. Community Reinvestment Act Performance Evaluation
Comptroller of the Currency Administrator of National Banks LARGE BANK Public Disclosure September 20, 1999 Community Reinvestment Act Performance Evaluation Community Bank, N.A. Charter Number: 8531 45-49
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
FEDERAL RESERVE BANK OF NEW YORK 0 PUBLIC DISCLOSURE October 15, 1996 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Community Bank of Bergen County 02-34-1865 125 West Pleasant Avenue Maywood, New
Comptroller of the Currency Administrator of National Banks. Public Disclosure. June 06, 2005. Community Reinvestment Act. Performance Evaluation
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 Public Disclosure June 06, 2005 Community Reinvestment Act Performance Evaluation Seaway National Bank of Chicago
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE September 30, 2002 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The City National Bank of Taylor Charter 5275
Public Disclosure. Community Reinvestment Act Performance Evaluation
O Comptroller of the Currency Administrator of National Banks Washington, DC 20219 WHOLESALE BANK Public Disclosure August 8, 2008 Community Reinvestment Act Performance Evaluation Delta National Bank
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE November 6, 2002 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION City National Bank Of New Jersey Charter 16142
INTERMEDIATE SMALL BANK
O INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE November 2, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CorTrust
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. October 18, 1996. Harris Bank Elk Grove, N.A. Charter Number: 15916
Comptroller of the Currency Administrator of National Banks Chicago Northwest Duty Station 85 West Algonquin Road, Suite 340 Arlington Heights, IL 60005 PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 12, 1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Community Bank of Bergen County 02-34-1865 125 West Pleasant Avenue Maywood, New Jersey 07607 Federal Reserve Bank of
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
WHOLESALE Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE January 5, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CORUS Bank, N.A. Charter Number: 23005 3959 North
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE October 15, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CorTrust Bank
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks Midwestern District 2345 Grand Avenue, Suite 700 Kansas City, Missouri 64108 PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE July 16, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Bankers
INTERMEDIATE SMALL BANK
O INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE April 23, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Bay Cities
PUBLIC DISCLOSURE. January 3, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. First National Bank of Omaha Charter Number: 209
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE January 3, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First National Bank of
Public Disclosure. Community Reinvestment Act Performance Evaluation
Small Bank Performance Evaluation Public Disclosure Date of Evaluation: February 22, 1999 Community Reinvestment Act Performance Evaluation Boca Raton First National Bank Charter #20923 7301-A West Palmetto
Investments and Services. 2012 National Interagency Community Reinvestment t Conference
Community Development Investments and Services 2012 National Interagency Community Reinvestment t Conference Community Development Defined Affordable housing targeted to low- or moderate- income (LMI)
209 CMR 54.00: MORTGAGE LENDER COMMUNITY INVESTMENT
Section 209 CMR 54.00: MORTGAGE LENDER COMMUNITY INVESTMENT 54.11: Authority, Purposes, and Scope 54.12: Definitions 54.21: Performance Tests, Standards, and Ratings, in General 54.22: Lending Test 54.23:
PUBLIC DISCLOSURE. August 24, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. MODERN BANK, N.A. Charter Number: 16629
O WHOLESALE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE August 24, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION MODERN BANK, N.A. Charter
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 01, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Security National Bank of Omaha Charter Number 15379 1120 S. 101st Street Omaha, NE 68124 Office of the Comptroller
PUBLIC DISCLOSURE. November 05, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. First National Bank of Alvin Charter Number: 14905
O SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE November 05, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First National Bank Alvin Charter
PUBLIC DISCLOSURE. November 18, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. American National Bank Charter Number 22841
O SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE November 18, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION American National Bank
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE March 31, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Presidential Bank, FSB Charter Number: 708186 4520 E West Highway Bethesda, MD 20814 Office of the Comptroller of the
PUBLIC DISCLOSURE. January 22, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Virginia Heritage Bank. 11166 Fairfax Boulevard
PUBLIC DISCLOSURE January 22, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Virginia Heritage Bank 3374298 11166 Fairfax Boulevard Fairfax, Virginia 22030 Federal Reserve Bank of Richmond P. O.
PUBLIC DISCLOSURE JANUARY 8, 2015 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION NEW FED MORTGAGE CORP. MC1881
PUBLIC DISCLOSURE JANUARY 8, 2015 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION NEW FED MORTGAGE CORP. MC1881 98 HIGH STREET DANVERS MA. 01923 DIVISION OF BANKS 1000 WASHINGTON STREET BOSTON
An Introduction to the Community Reinvestment Act. John Meeks Atlanta Region FDIC Community Affairs
An Introduction to the Community Reinvestment Act John Meeks Atlanta Region FDIC Community Affairs What is the CRA? CRA stands for: The Community Reinvestment Act of 1977 revised in 1989, 1995, and 2005.
COMMUNITY REINVESTMENT ACT
COMMUNITY REINVESTMENT ACT EXAMINATION PROCEDURES FOR LARGE INSTITUTIONS Examination Scope For institutions (interstate and intrastate) with more than one assessment area, identify assessment areas for
Central Trust and Savings Bank, Cherokee, Iowa 1 GENERAL INFORMATION
Central Trust and Savings Bank, Cherokee, Iowa 1 GENERAL INFORMATION The Community Reinvestment Act (CRA) requires each federal financial supervisory agency to use its authority when examining financial
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE May 21, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Universal Bank
A Banker s Quick Reference Guide to CRA
Federal Reserve Bank of Dallas A Banker s Quick Reference Guide to CRA As amended effective September 1, 2005 This publication is a guide to the CRA regulation and examination procedures. It is intended
PUBLIC DISCLOSURE. February 2, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. United Bank, Inc. 514 Market Street
PUBLIC DISCLOSURE February 2, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION United Bank, Inc. 1010930 514 Market Street Parkersburg, West Virginia 26101 Federal Reserve Bank of Richmond P. O.
EXAMINATION PROCEDURES FOR LARGE INSTITUTIONS... 2 EXAMINATION SCOPE... 2 PERFORMANCE CONTEXT... 3 ASSESSMENT AREA... 4
TABLE OF CONTENTS EXAMINATION PROCEDURES FOR LARGE INSTITUTIONS... 2 EXAMINATION SCOPE... 2 PERFORMANCE CONTEXT... 3 ASSESSMENT AREA... 4 LENDING, INVESTMENT, AND SERVICE TESTS FOR LARGE RETAIL INSTITUTIONS...
PUBLIC DISCLOSURE. August 20, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
O SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE August 20, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Armed Forces Bank of California,
Reports - Findings from Analysis of Nationwide Summary Statistics for 2013 Community Reinvestment Act Data Fact Sheet (August 2014)
Reports - Findings from Analysis of Nationwide Summary Statistics for 2013 Community Reinvestment Act Data Fact Sheet (August 2014) This analysis is based on data compiled by the three federal banking
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 27, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Charleroi Federal Savings Bank Charter Number 703866 101 Mckean Avenue, Charleroi, PA 15022 Office the Comptroller the
Small Institutions Examination Procedures and Sample Format for Public Disclosure of Examination Results
Small Institutions Examination Procedures and Sample Format for Public Disclosure of Examination Results The Examination Procedures for Small Institutions (which include the CRA Ratings Matrix for Small
PUBLIC DISCLOSURE. July 6, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Old Florida National Bank Charter Number 17553
O SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE July 6, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Old Florida National Bank Charter
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE February 22, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Community Bank of Bergen County RSSD No. 275509 18 Railroad Avenue Rochelle Park, New Jersey 07662 FEDERAL RESERVE
PUBLIC DISCLOSURE. January 31, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE January 31, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION South Carolina Bank &
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks Champaign Duty Station Devonshire Corporate Centre 2009 Fox Drive, Suite B Champaign, Illinois 61820 PUBLIC DISCLOSURE COMMUNITY REINVESTMENT
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 04, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First National Bank Eastern Arkansas Charter 13637 101 North Washington Street Forrest City, AR 72335 Office the Comptroller
TheHow and Why of Having a Computer Wall Street
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 Public Disclosure July 9, 2007 Community Reinvestment Act Performance Evaluation Texas Capital Bank, National
PUBLIC DISCLOSURE. June 2, 2014 CRA FOR MORTGAGE LENDERS PERFORMANCE EVALUATION RADIUS FINANCIAL GROUP INC. ML1846
PUBLIC DISCLOSURE June 2, 2014 CRA FOR MORTGAGE LENDERS PERFORMANCE EVALUATION RADIUS FINANCIAL GROUP INC. ML1846 600 LONGWATER DRIVE SUITE 107 NORWELL, MA 02061 DIVISION OF BANKS 1000 WASHINGTON STREET
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks Small Bank PUBLIC DISCLOSURE February 17,1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Fort Sill National Bank Charter Number 14546
Public Disclosure. January 27, 2000. Community Reinvestment Act Performance Evaluation
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 Public Disclosure January 27, 2000 Community Reinvestment Act Performance Evaluation The First National Bank
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE July 1, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Eastbank, National Association
PUBLIC DISCLOSURE. February 3, 2011 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION IFREEDOM DIRECT CORPORATION ML3122
PUBLIC DISCLOSURE February 3, 2011 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION IFREEDOM DIRECT CORPORATION ML3122 2363 SOUTH FOOTHILL DRIVE SALT LAKE CITY, UTAH 84109 DIVISION OF BANKS
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE December 08, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The Pennsville National Bank Charter 15733 170 South Broadway Pennsville, NJ 08070 Office of the Comptroller of the
PUBLIC DISCLOSURE. Evaluation Period: June 2, 2009 - March 31, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE Evaluation Period: June 2, 2009 - March 31, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE. February 16, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. First Bank. 112 West King Street. Strasburg, Virginia 22657
PUBLIC DISCLOSURE February 16, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Bank 899428 112 West King Street Strasburg, Virginia 22657 Federal Reserve Bank of Richmond P. O. Box 27622 Richmond,
Public Disclosure. Community Reinvestment Act Performance Evaluation
O Comptroller of the Currency Administrator of National Banks Limited Purpose Washington, DC 20219 Public Disclosure March 6, 2000 Community Reinvestment Act Performance Evaluation Fleet Bank (Rhode Island),
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks Southwestern District Office 1600 Lincoln Plaza 500 North Akard Street Dallas, Texas 75201-3394 PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT
PUBLIC DISCLOSURE FEBRUARY 12, 2015 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION NE MOVES MORTGAGE, LLC MC2584
PUBLIC DISCLOSURE FEBRUARY 12, 2015 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION NE MOVES MORTGAGE, LLC MC2584 52 SECOND AVENUE, 3RD FLOOR WALTHAM MA. 02451 DIVISION OF BANKS 1000 WASHINGTON
Financial Institution Disclosure Form City of Minneapolis, Minnesota
Financial Institution Disclosure Form City of Minneapolis, Minnesota Financial institutions which participate in or desire to participate in City of Minneapolis programs or the provision of banking services
Federal Reserve Bank of Dallas A Banker s Quick Reference Guide to CRA
Federal Reserve Bank of Dallas A Banker s Quick Reference Guide to CRA This publication is a guide to the CRA regulation and examination procedures. It is intended for bank CEOs, presidents, and CRA and
An Introduction to the Community Reinvestment Act for Tribal Communities. Gloria Reynolds Community Affairs Specialist FDIC August 8 th 2013
An Introduction to the Community Reinvestment Act for Tribal Communities Gloria Reynolds Community Affairs Specialist FDIC August 8 th 2013 What is the CRA? CRA stands for The Community Reinvestment Act
PUBLIC DISCLOSURE COMMERCE BANK RSSD # 601050
PUBLIC DISCLOSURE JANUARY 9, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION COMMERCE BANK RSSD # 601050 1000 WALNUT STREET KANSAS CITY, MISSOURI 64199 Federal Reserve Bank of Kansas City 1 Memorial
Public Disclosure. March 3, 2003. Community Reinvestment Act Performance Evaluation. Old Point National Bank of Phoebus Charter Number: 12267
LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 Public Disclosure March 3, 2003 Community Reinvestment Act Performance Evaluation Old Point National Bank of
PUBLIC DISCLOSURE. May 20, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. BofI Federal Bank Charter Number: 716456
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE May 20, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION BofI Federal Bank Charter
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE September 02, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Wilmington Savings Fund Society, FSB Charter Number 707938 WSFS Bank Center - 500 Delaware Avenue Wilmington, DE 19801
Office of the Comptroller of the Currency Federal Deposit Insurance Corporation Federal Reserve Board Office of Thrift Supervision
Office of the Comptroller of the Currency Federal Deposit Insurance Corporation Federal Reserve Board Office of Thrift Supervision Interpretive Letter #780 May 1997 May 5, 1997 12 U.S.C. 2901 [ ] [ ] [
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 4, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION American Bank, National Association Charter 17319 200 West Highway 6, Waco, TX 76712 Office of the Comptroller of the Currency
PUBLIC DISCLOSURE. August 20, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. First Victoria National Bank Charter Number 10360
LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE August 20, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Victoria National Bank
The Importance of Understanding and Developing a CRA
CRA Basics Objectives Upon completion of this session you should: Become more familiar with the history/purpose of CRA; Become more familiar with terms and definitions under the CRA regulation; Introduce
CRA Special Lending Programs
CRA Special Lending Programs Robert B. Avery, Raphael W. Bostic, and Glenn B. Canner, of the Board s Division of Research and Statistics, prepared this article. Increasing the flow of credit to lower-income
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE March 23, 2015 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The Citizens National Bank of Meridian Charter Number: 7266 512 22nd Avenue Meridian, MS 39301-5853 Office of the Comptroller
Comptroller of the Currency Administrator of National Banks. Public Disclosure. December 31, 2005. Community Reinvestment Act Performance Evaluation
LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 Public Disclosure December 31, 2005 Community Reinvestment Act Performance Evaluation U.S. Bank National Association
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE February 25, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Raymond James Bank, National Association Charter Number 24914 710 Carillon Parkway St. Petersburg, FL 33716 Office
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
NEW YORK STATE BANKING DEPARTMENT CONSUMER SERVICES DIVISION One State Street New York, NY 10004 PUBLIC SUMMARY COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Date of Evaluation: December 31, 2001 Institution:
PUBLIC DISCLOSURE. February 2, 2010 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION EMBRACE HOME LOANS, INC. MC 0195
PUBLIC DISCLOSURE February 2, 2010 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION EMBRACE HOME LOANS, INC. MC 0195 25 ENTERPRISE CENTER NEWPORT, RI 02842 DIVISION OF BANKS ONE SOUTH STATION
PUBLIC DISCLOSURE FEBRUARY 14, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION MERCANTILE BANK AND TRUST COMPANY 61 BROOKLINE AVENUE
PUBLIC DISCLOSURE FEBRUARY 14, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION MERCANTILE BANK AND TRUST COMPANY 61 BROOKLINE AVENUE BOSTON, MA 02215 Division of Banks 1000 Washington Street, 10
2002 LINKED DEPOSIT BANKING REPORT TO THE MAYOR Addendum
2002 LINKED DEPOSIT BANKING REPORT TO THE MAYOR Addendum Small Business Loans CITY OF BOSTON Prepared March 2004 by NobleAssociates Cover photos: 2000, Photos To Go Disclaimer The information presented
II. CDFI ORGANIZATIONAL STRUCTURES
II. CDFI ORGANIZATIONAL STRUCTURES This section describes the organizational structures and characteristics of CDFIs. It provides information that can assist financial institutions and community leaders
2001 LINKED DEPOSIT BANKING REPORT TO THE MAYOR Addendum. Small Business Loans
2001 LINKED DEPOSIT BANKING REPORT TO THE MAYOR Addendum Small Business Loans CITY CITY OF OF BOSTON BOSTON Prepared March 2003 by NobleAssociates Cover photos: 2000, Photos To Go Disclaimer The information
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION WEYMOUTH BANK CERT # 26548 WEYMOUTH BANK 744 BROAD STREET WEYMOUTH, MA 02189
PUBLIC DISCLOSURE March 25, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION WEYMOUTH BANK CERT # 26548 WEYMOUTH BANK 744 BROAD STREET WEYMOUTH, MA 02189 Division of Banks 1000 Washington Street