On September 4, the FDIC released its latest evaluations of state nonmember banks for compliance under the CRA. The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 requires public disclosure of evaluations and ratings for banks undergoing CRA examinations. These ratings assess how well banks meet the credit needs of their communities, including low- and moderate-income neighborhoods, while maintaining safe and sound operations. The FDIC’s recent evaluations included 54 banks, which received ratings in June 2024. Two banks were rated as “Needs to Improve” while the remaining institutions received a “Satisfactory” rating.