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FDIC announces its CRA evaluations since May

August 9, 2024

On August 5, the FDIC released an updated list of banks evaluated for compliance with the CRA in May, June, July and August. In May, the FDIC disclosed a list of evaluations of 56 banks, of which two were rated “outstanding,” 53 were rated “satisfactory,” and one was rated as “needs to improve.” In June, the FDIC disclosed a list of evaluations of 60 banks, of which four were rated “outstanding,” 53 were rated “satisfactory,” and three were rated as “needs to improve.” In July, the FDIC disclosed a list of evaluations of 64 banks, of which two were rated “outstanding,” 58 were rated “satisfactory,” and four were rated as “needs to improve.” In August, the FDIC disclosed a list of evaluations of 54 banks, of which two were rated “outstanding,” 51 were rated “satisfactory,” and one was rated as “needs to improve.”