Financial Services

OCC Releases Community Reinvestment Act (CRA) Evaluations

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The Office of the Comptroller of the Currency (OCC) has released 15 Community Reinvestment Act (CRA) performance evaluations.  These evaluations are based on on-site examinations by OCC-trained staff. On-site examinations are done every other year. Reviews, which can take weeks, assess an institution’s performance in helping to meet the credit needs of communities, including those of low or moderate-income within its assessment area. A compliance rating of either “Outstanding,” “Satisfactory,” “Needs to Improve,” and “Substantial Noncompliance” is awarded at the end of the on-site review.

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Of the 15 evaluations on the list made public by the OCC:

  • six received an Outstanding rating
  • eight were rated Satisfactory
  • one was rated as Needs to Improve

No institution was rated as in Substantial Noncompliance.

The full list is included below, in date order. It can also be accessed on the OCC website.

Bank Name City State Evaluation Date Rating Examination Type
Security National Bank Witt IL 12/14/2020 Satisfactory Small Bank
First Texoma National Bank Durant OK 12/14/2020 Satisfactory Small Bank
First National Bank of Decatur County Bainbridge GA 11/23/2020 Satisfactory Small Bank
First National Bank of Kemp Kemp TX 11/16/2020 Satisfactory Small Bank
United Fidelity Bank, F.S.B. Evansville IN 11/13/2020 Satisfactory Intermediate Small Bank
First National Bank of Michigan Kalamazoo MI 11/9/2020 Satisfactory Intermediate Small Bank
Pyramax Bank, FSB Greenfield WI 11/9/2020 Outstanding Intermediate Small Bank
Wilmington Savings Fund Society, FSB Wilmington DE 10/26/2020 Outstanding Large Bank
The Conway National Bank Conway SC 10/26/2020 Outstanding Large Bank
Santander Bank, National Association Wilmington DE 10/13/2020 Outstanding Large Bank
Community National Bank & Trust Chanute KS 10/5/2020 Outstanding Intermediate Small Bank
Fidelity Bank, National Association Wichita KS 10/5/2020 Satisfactory Large Bank
The First National Bank of Long Island Glen Head NY 9/21/2020 Satisfactory Large Bank
Metropolitan Bank and Trust Company New York NY 8/31/2020 Needs to Improve Small Bank
BOKF, National Association Tulsa OK 6/8/2020 Outstanding Large Bank
About the Author

Carl is certified in the Scaled Agile Framework (SAFe), a Scrum Master, and a Six Sigma Green Belt project manager with more than 25 years of experience in financial services overseeing large-scale development global, multi-currency accounting, regulatory reporting, and financial reporting software platforms. He has hands-on experience completing, reviewing, and filing Federal Reserve, FFIEC, and IRS reports, including Call Reports, Y9C reports, 2900 reports, TIC reports, and arbitrage rebate reports.

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