Banker Compliance News

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FDIC Issues List of Banks Examined for CRA Compliance January 4, 2021

January 4, 2021 / Source: FDIC

Press Release The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA).  The list covers evaluation ratings that the FDIC assigned to institutions in October 2020.  The CRA is a 1977 law intended to encourage insured banks and thrifts to meet…