Bringing Broadband to Maine s Rural Communities. Tuesday, October 25, 2016
|
|
|
- Lorin Marshall
- 6 years ago
- Views:
Transcription
1 Bringing Broadband to Maine s Rural Communities Tuesday, October 25,
2 The Community Reinvestment Act The Community Reinvestment Act encourages depository institutions to meet the credit needs of low- and moderateincome (LMI) individuals and communities Passed in response to redlining in access to loans and credit Requires agencies to evaluate the performance of banks in meeting the credit needs in the communities in which they are chartered. Passed in 1977 has been revised since then 2
3 What Gave Rise to the CRA? A result of community struggle and activism Part of the neighborhood movement of 1970s-80s A campaign against deteriorating conditions in urban, lowerincome neighborhoods, related to: Redlining Disinvestment 3
4 Purpose of the CRA Encourages federally insured banks and thrifts to help meet the credit needs of their entire communities, in particular, historically underserved people and places (this may include working together with community organizations to promote the availability of credit and other banking services) Low- and moderate-income people Low- and moderate-income geographies Underserved or distressed non-metropolitan middle-income geographies, or certain designated disaster areas Must be consistent with prudent, safe, and sound business operations 4
5 Purpose of the CRA (cont.) The CRA requires regulators of federal depository institutions to assess the record of each bank and thrift in helping to fulfill their obligations to the community and to consider that record in evaluating applications for charters or for the approval of bank mergers, acquisitions, and branch openings. An affirmative obligation Rating of Outstanding, Satisfactory, Needs to Improve, or Substantial Noncompliance Interpreted through implementing regulations and guidance Enforcement primarily through corporate application process and reputation risk CRA contains no civil or criminal liability provisions 5
6 Q&A.12(g)(4)(iii) New Example - Activity in Underserved Nonmetro Middle-Income Geo Provides guidance on how examiners consider activities related to the expansion of broadband infrastructure in CRA defined underserved nonmetropolitan middle-income geographies Availability of broadband is essential to: Access digital banking services, particularly in light of shift away from branch-based delivery systems Promote economic development as small businesses become more reliant on related technologies for payment processing systems, remote deposit capture, access to credit facilities and markets, and to deliver products Important to competitiveness, job creation, innovation, and expansion of markets for American businesses 6
7 Public Welfare Investment Authority (PWI) OCC s public welfare investment (PWI) authority is one tool for a national bank to help meet the credit needs of its communities National banks may make investments, directly or indirectly, that are primarily designed to promote the public welfare such as by providing housing, services, or jobs, under the investment authority in 12 USC 24 (Eleventh) and the implementing regulation, 12 CFR 24. By investments, we mean both equity investments and debt investments, such as equity equivalent investments or other debt. 7
8 National bank PWI examples: PWI (cont.) Support for affordable housing and other real estate development Equity for start-up and expansion of small businesses Investments in CDFIs Activities that help to revitalize or stabilizing a government-designated area. Other financial institutions follow different PWI rules: Federal savings associations are supervised by OCC. However, they follow statutory and regulatory authorities that are different than for national banks. Non-member state banks are supervised by the Federal Deposit Insurance Corporation. Member state banks and holding companies are supervised by the Federal Reserve System. Financial institutions should consult with their respective regulators about whether a PWI would be considered consistent with their respective investment authorities. 8
9 PWI Requirements: Primary Purpose A national bank s PWI must primarily benefit at least one of the following (12 CFR 24.3) Low- and moderate-income individuals Low- and moderate-income areas Areas targeted by a government entity for redevelopment The investment would receive consideration under 12 CFR (the Community Reinvestment Act regulation) as a "qualified investment. 9
10 PWI Requirements: Investment Limits Limits on Aggregate Outstanding Investments - 12 CFR 24.4(a) Aggregate investments may reach 5 percent of a bank s capital and surplus With prior approval, aggregate investments may go up to 15 percent of a bank s capital and surplus Limited Liability 12 CFR 24.4(b) Investments must be structured to not expose the bank to unlimited liability 10
11 PWI Requirements: Record-keeping A national bank making a public welfare investment under 12 CFR 24 shall maintain in its files information adequate to demonstrate that its investments meet the public welfare beneficiary standards and investment limit requirements. (12 CFR 24.7(b)) 11
12 PWI & R/S Fiber Optic A national bank operating in the R/S Fiber Optic Cooperative s proposed service area recently requested and was granted permission by the OCC to purchase stock shares in the cooperative under the public welfare investment authority. The cooperative was organized to bring high-speed fiber optic connectivity to communities in west central Minnesota and provide broadband service to homes, farms, businesses, health care facilities, schools, and local government offices at prices significantly reduced from current commercial providers. Project would result in enhanced economic development opportunities for businesses and job creation for local residents. 12
13 How R/S Fiber Optic Met PWI Requirements Primary Purpose: Bank demonstrated that the investment will primarily benefit low- and moderate-income individuals, low- and moderateincome areas, and other areas targeted by a government entity for redevelopment Project services census tracts that are moderate-income or in distressed nonmetropolitan middle-income census tracts Project creates permanent jobs that will be pay salaries that fall within the range of 80 percent of area median income of the targeted counties Project receives financial support from government entities, including a grant from the state, loan from economic development authorities, and local tax abatement bonds Investment limits: Bank s investment was less than 1 percent of its capital and surplus Bank s purchase of preferred stock would not expose it to unlimited liability No safety or soundness concerns regarding bank s investment 13
14 PWI Requirements: Fiber Optic Investment Activities Part 24 contains examples of Qualifying PWI Activities (12 CFR 24.6) Fiber optic projects generally consistent with economic development examples 12 CFR 24.6(b) Investment that provides financing for a small business or farm located in a LMI area Investment that provides financing for a small business or farm that produces or retains permanent jobs, the majority of which are held by LMI persons Investment that develops and operates a commercial or industrial property located in a LMI area or that is occupied by a small business that produces jobs for LMI persons Investment that develops and operates a business incubator located in a LMI area or that is occupied by a small business that produces jobs for LMI persons Investment that forms and operates an agricultural cooperative located in a LMI area or that produces jobs for LMI persons Fiber optic investments are novel PWIs. Recommend that banks should seek prior approval before proceeding 14
15 Non-MSA Low- and Moderate-Income and Distressed and Underserved Census Tracts Part 24 contains examples of Qualifying PWI Activities (12 CFR 24.6) Fiber optic projects generally consistent with economic development examples 12 CFR 24.6(b) Investment that provides financing for a small business or farm located in a LMI area Investment that provides financing for a small business or farm that produces or retains permanent jobs, the majority of which are held by LMI persons Investment that develops and operates a commercial or industrial property located in a LMI area or that is occupied by a small business that produces jobs for LMI persons Investment that develops and operates a business incubator located in a LMI area or that is occupied by a small business that produces jobs for LMI persons Investment that forms and operates an agricultural cooperative located in a LMI area or that produces jobs for LMI persons Fiber optic investments are novel PWIs. Recommend that banks should seek prior approval before proceeding 15
16 FCC 25 Mbps Broadband Deployment 16
17 Locating LMI, Distressed and Underserved Non- Metropolitan Middle Income Census Tracts Federal Financial Institutions Examination Council: FFIEC Online Census Data System: Census Demographic Data by County Geocoding/Mapping System: Census Demographic and other Data by Census Tract CRA Evaluations: Distressed and Underserved Tracts: 17
18 Locating Regulated Financial Institutions by County and MSA FDIC Summary of Deposits Website: Deposit Market Share: Individual Counties/MSAs Aggregated Counties (up to 10) Financial Institutions Deposits within and without county or MSA Branches: Deposits CRA Evaluations FFIEC Uniform Bank Performance Report (UBPR)» Bank s Balance Sheet 18
19 Online OCC CRA and PWI Resources OCC Community Affairs Website: OCC Public Welfare Investment Website: OCC Community Affairs Publications Website: 19
20 Timothy Herwig Contact Information District Community Affairs Officer Office of the Comptroller of the Currency 440 South LaSalle Street, Suite 2700 Chicago, IL
Objectives Upon completion of the CRA overview, you should:
CRA Basics Objectives Upon completion of the CRA overview, you should: Understand the purpose of the CRA; Understand terms and definitions under the CRA regulation including bank exam types Be generally
CRA Basics and the Exam Process
CRA Basics and the Exam Process Objectives Upon completion of the CRA overview, you should understand: l Purpose of the CRA l Terms and definitions under the CRA regulation including bank exam types l
Upon completion of this session you should: Become more familiar with the history/purpose of 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
Community Reinvestment Act for Community-Based Organizations. March 24, 2015 Providence, RI
Community Reinvestment Act for Community-Based Organizations March 24, 2015 Providence, RI Objectives Understand the purpose of the CRA and key definitions Understand how banks are evaluated under CRA
CRA History. The Community Reinvestment Act passage did two things:
CRA History The Community Reinvestment Act passage did two things: The discussion of CRA brought light to the illegal practice of redlining. Required regulated financial institutions to help meet the credit
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 The regulations implementing the
CRA a Brief History Lynette C. Briggs, VP - Regional CRA Officer
CRA a Brief History Lynette C. Briggs, VP - Regional CRA Officer August 2016 Community Reinvestment Act (CRA) a Brief History 2 Community Reinvestment Act (CRA) The Community Reinvestment Act (CRA) Brief
Investment in Indian Country: How Investments in Tribal Infrastructure and Other Tribal Projects May Qualify for Community Reinvestment Act Credit
Investment in Indian Country: How Investments in Tribal Infrastructure and Other Tribal Projects May Qualify for Community Reinvestment Act Credit By John Mussman, Randolph DelFranco and William Wood Tribal
Page 1 of 20 Advanced Search Search FDIC... Su Home Deposit Insurance Consumer Protection Industry Analysis Regulations & Examinations Asset Sales News & Events About FDIC Home > Regulation & Examinations
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE March 10, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Tioga State Bank RSSD No. 910118 1 Main Street P.O. Box 386 Spencer, NY 14883 FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE July 25, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Bank of Millbrook RSSD No. 175609 3263 Franklin Avenue Millbrook, New York 12545 FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE August 24, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First State Bank of Red Bud RSSD # 356949 115 West Market Street Red Bud, Illinois 62278 Federal Reserve Bank of St.
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 14, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Orange County Trust Company RSSD No. 176101 212 Dolson Avenue Middletown, NY 10940 FEDERAL RESERVE BANK OF NEW YORK
Serving and Investing in
Technical Elements (What qualifies?) Performance Context Community Development Services Community Development Investments 1 Community Development 1)Affordable housing g( (including multifamily rental housing)
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE February 22, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Orange County Trust Company RSSD No. 176101 212 Dolson Avenue Middletown, NY 10940 FEDERAL RESERVE BANK OF NEW YORK
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE August 23, 1999 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Bank of Cairo and Moberly RSSD# 833646 27 E. Rollins Street Moberly, Missouri 6527-2 Federal Reserve Bank of St. Louis
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
CapitalMark Bank & Trust CRA PUBLIC EVALUATION PUBLIC DISCLOSURE May 7, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CapitalMark Bank &Trust 801 Broad Street Chattanooga, Tennessee 37402 RSSD
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE November 26, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Southern Bancorp Bank RSSD# 852544 601 Main Street Arkadelphia, Arkansas 71923 Federal Reserve Bank of St. Louis P.O.
PUBLIC DISCLOSURE AUGUST 16, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION AMERICAN HERITAGE BANK RSSD#
PUBLIC DISCLOSURE AUGUST 16, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION AMERICAN HERITAGE BANK RSSD# 311050 2 SOUTH MAIN SAPULPA, OKLAHOMA 74066 Federal Reserve Bank of Kansas City 1 Memorial
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 5, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The Callaway Bank RSSD #719656 5 East Fifth Street Fulton, Missouri 65251 Federal Reserve Bank of St. Louis P.O. Box 442
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE July 24, 2017 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Financial Bank, National Association Charter Number 4166 400 Pine Street Abilene, TX 79601 Office of the Comptroller
CRA Manual September 2007
CRA Manual September 2007 National Community Reinvestment Coalition * http://www.ncrc.org * 202-628-8866 Table Contents Acknowledgments 3 Introduction 4 Summary CRA & How Public Can Be Involved 6 Outline
PUBLIC DISCLOSURE. December 6, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION BANK OF EUFAULA RSSD#
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION BANK OF EUFAULA RSSD# 343051 P.O. BOX 607 EUFAULA, OKLAHOMA 74432-0607 Federal Reserve Bank of Kansas City 925 Grand Boulevard Kansas
PUBLIC DISCLOSURE. June 4, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Utah Independent Bank RSSD #
PUBLIC DISCLOSURE June 4, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Utah Independent RSSD # 256179 55 South State Street Salina, Utah 84654 Federal Reserve of San Francisco 101 Market Street
GENERAL INFORMATION. INSTITUTION'S CRA RATING: This institution is rated "Satisfactory."
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
PUBLIC DISCLOSURE April 13, 1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Arab American Bank 02-36-5490 52 East 52nd Street New York, New York 10022 Federal Reserve Bank of New York 33 Liberty
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE June 2, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Legacy Bank & Trust Company RSSD # 397755 10603 Highway 32 P.O. Box D Plato, Missouri 65552 Federal Reserve Bank of St.
CRA for Community-Based Organizations. An Introduction to the Community Reinvestment Act
CRA for Community-Based Organizations An Introduction to the Community Reinvestment Act 1 CRA: History and Context CRA: What It Is A U.S. law that encourages regulated, insured depository institutions
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE September 17, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Belgrade State Bank RSSD #761244 410 Main Street Belgrade, Missouri 63622 Federal Reserve Bank of St. Louis P.O. Box
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 19, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD# 856748 200 South Third Street Batesville, Arkansas 72501 Federal Reserve Bank of St. Louis P.O. Box 442 St. Louis,
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE July 15, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Meridian Bank Texas Certificate Number: 11895 100 Lexington Street, Suite 100 Fort Worth, Texas 76102 Federal Deposit Insurance
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE October 31, 2005 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD No. 236706 158 U.S. Highway 206 North Gladstone, New Jersey 07934 Federal Reserve of New York 33 Liberty Street
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 15, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD# 311845 75 North East Street Fayetteville, Arkansas 72701 Federal Reserve Bank of St. Louis P.O. Box 442 St. Louis,
PUBLIC DISCLOSURE. February 7, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Webster Bank, National Association Charter Number: 24469
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE February 7, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Webster Bank, National
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE June 6, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Mizuho Bank (USA) RSSD No. 229913 1251 Avenue of the Americas New York, NY 10020 FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE August 10, 2015 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Amboy Bank RSSD No. 9807 3890 U.S. Hwy 9 Old Bridge, New Jersey 08859 FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY STREET
PUBLIC DISCLOSURE. August 30, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION FARMERS STATE BANK RSSD#
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION FARMERS STATE BANK RSSD# 542854 P.O. BOX 458 PINE BLUFFS, WYOMING 82082 Federal Reserve Bank of Kansas City 925 Grand Boulevard Kansas
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 18, 2017 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Sterling National Bank Charter Number 25075 400 Rella Boulevard Montebello, NY 10901-4243 Office of the Comptroller
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE March 2, 2015 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Stifel Bank and Trust RSSD# 3076248 501 North Broadway St. Louis, Missouri 63102 Federal Reserve Bank of St. Louis P.O.
PUBLIC DISCLOSURE. November 30, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Solvay Bank RSSD No
PUBLIC DISCLOSURE November 30, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Solvay Bank RSSD No. 722816 1537 Milton Avenue Solvay, New York 13209 Federal Reserve Bank of New York 33 Liberty Street
Why CRA Data and Analysis is More Important Than Ever
Why CRA Data and Analysis is More Important Than Ever The webinar will begin at the top of the hour. You may download the presentation at: www.questsoft.com/cradata Why CRA Data and Analysis is More Important
Why CRA Data and Analysis is More Important Than Ever
Why CRA Data and Analysis is More Important Than Ever The webinar will begin at the top of the hour. You may download the presentation at: www.questsoft.com/cradata Why CRA Data and Analysis is More Important
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE July 1, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CB&S Bank, Inc. Certificate Number: 15310 200 Jackson Avenue South Russellville, Alabama 35653 Federal Deposit Insurance
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 26, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Amboy Bank RSSD No. 9807 3590 Highway 9 Old Bridge, NJ 08859 Federal Reserve Bank of New York 33 Liberty Street New
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE December 4, 2006 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION ALDEN STATE BANK RSSD No. 414102 13216 Broadway Alden, New York 14004 FEDERAL RESERVE BANK OF NEW YORK 33 Liberty Street
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE March 21, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD #27614 19 Public Square Andover, Ohio Federal Reserve Bank of Cleveland P.O. Box 6387 Cleveland, OH 44101-1387 NOTE:
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE February 22, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Empire State Bank RSSD No. 3277241 68 Plank Road Newburgh, New York 12550 FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE October 29, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Financial Bank RSSD# 48374 214 North Washington El Dorado, Arkansas 71730 Federal Reserve Bank of St. Louis P.O.
CRA STRATEGY DEVELOPMENT. Housing Now! Conference October 15, 2015
CRA STRATEGY DEVELOPMENT Housing Now! Conference October 15, 2015 Exam Types Small bank Less than $305 million in assets as of last two year ends Intermediate small bank (ISB) Assets of a least $305 million,
PUBLIC DISCLOSURE. August 5, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Pacific Enterprise Bank RSSD #
PUBLIC DISCLOSURE August 5, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Pacific Enterprise Bank RSSD # 3490871 17748 Sky Park Circle, Suite 100 Irvine, California 92614 Federal Reserve Bank
PUBLIC DISCLOSURE. October 10, 2006 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. BPD BANK RSSD No
PUBLIC DISCLOSURE October 10, 2006 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION BPD BANK RSSD No. 66015 90 BROAD STREET NEW YORK, NEW YORK 10004 Federal Reserve Bank of New York 33 Liberty Street
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 04, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First National Bank of Omaha Charter Number 209 1620 Dodge Street Omaha, NE 68197 Office of the Comptroller of the Currency
December CRA Modernization. Meeting Community Needs and Increasing Transparency
CRA Modernization Meeting Community Needs and Increasing Transparency The June 12 Treasury Report to the President on Core Principles for Regulating the United States Financial System identified regulation
CRA Dollars: What Are They and How Do I Get Some?
CRA Dollars: What Are They and How Do I Get Some? May 18, 2017 Jason Paulateer Objectives Upon completion of this session, you should: Understand CRA better Types of CRA Dollars CRA Dollars Contacts 2
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 22, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD #2552099 1001 Gibson Bay Drive, Suite #101 Richmond, Kentucky 40475 Federal Reserve Bank of Cleveland P.O. Box 6387
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE May 12, 1997 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Bank of Avoca 02-36-0480 18 North Main Street Avoca, New York 14809 Federal Reserve Bank of New York 33 Liberty Street,
PUBLIC DISCLOSURE. September 27, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. BPD Bank RSSD No
PUBLIC DISCLOSURE September 27, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD No. 66015 90 BROAD STREET NEW YORK, NEW YORK 10045 Federal Reserve Bank of New York 33 Liberty Street New York,
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE February 25, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Patriot Bank RSSD# 3120646 8376 Highway 51 North Millington, Tennessee 38053 Federal Reserve Bank of St. Louis P.O.
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 9, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Peapack-Gladstone Bank RSSD No. 236706 500 Hills Drive Suite 300 Bedminster, New Jersey 07921 FEDERAL RESERVE BANK OF
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE July 28, 2015 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Bangor Savings Bank Certificate Number: 18408 3 State Street Bangor, Maine 04401 Federal Deposit Insurance Corporation
The Community Reinvestment Act and Mortgage Lending. Terri Hasson Director Community Reinvestment WSFS Bank
The Community Reinvestment Act and Mortgage Lending Terri Hasson Director Community Reinvestment WSFS Bank thasson@wsfsbank.com 302-571-7015 Landscape of Home Purchase Lending in Delaware County PA Setting
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE September 6, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Valley National Bank Charter Number 15790 615 Main Avenue Passaic, NJ 07055 Office of the Comptroller of the Currency
PUBLIC DISCLOSURE. March 5, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Bay Commercial Bank RSSD #
PUBLIC DISCLOSURE March 5, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Bay Commercial Bank RSSD # 3281510 1280 Civic Drive, Suite 100 Walnut Creek, California 94596 Federal Reserve Bank of San
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE August 1, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Five Star Bank RSSD No. 601416 55 North Main Street Warsaw, NY 14203 Federal Reserve Bank of New York 33 Liberty Street
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE September 29, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION MainSource Bank Certificate #5766 201 North Broadway Greensburg, Indiana 47240 Federal Deposit Insurance Corporation
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE (November 8, 1999) COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION ORRSTOWN BANK RSSD ID - 342410 ORRSTOWN, PENNSYLVANIA FEDERAL RESERVE BANK OF PHILADELPHIA PHILADELPHIA, PENNSYLVANIA
PUBLIC DISCLOSURE. January 17, 2006 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. 500 Linden Avenue South San Francisco, California 94080
PUBLIC DISCLOSURE January 17, 2006 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Liberty Bank RSSD - 478766 500 Linden Avenue South San Francisco, California 94080 Federal Reserve Bank of San Francisco
NJBA Community Reinvestment Act and Fair Lending Conference February 23, 2016 Kevin McMahon, Senior Compliance Examiner
NJBA Community Reinvestment Act and Fair Lending Conference February 23, 2016 Kevin McMahon, Senior Compliance Examiner Overview CRA - Community Development Definition - Best Practices Fair Lending - Analysis
CRA TOOLKIT. Resources to use in developing and implementing a CRA strategy for your bank.
CRA TOOLKIT Resources to use in developing and implementing a CRA strategy for your bank. Outline l Supervisory agency & other regulatory resources l Assessment area and geographic data resources l Performance
Community Reinvestment Act Basics. Utah Bankers Association 2015 Community Reinvestment Conference September 16,
Community Reinvestment Act Basics Utah Bankers Association 2015 Community Reinvestment Conference September 16, 2015 2 Agenda Background Information Evaluation Types Examination Process Discussion Questions
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE September 30, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The Bank of New York Mellon RSSD No. 541101 225 Liberty Street New York, New York 10286 FEDERAL RESERVE BANK OF NEW
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 22, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Bank of Texas RSSD: 925653 306 West Wall Midland, Texas 79701 Federal Reserve Bank of Dallas 2200 North Pearl Street
Public Disclosure. Community Reinvestment Act Performance Evaluation
O Comptroller of the Currency Administrator of National Banks Washington, D.C. Wholesale Public Disclosure June 30, 2006 Community Reinvestment Act Performance Evaluation Wells Fargo HSBC Trade Bank, N.A.
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE December 6, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Alden State Bank RSSD No. 414102 13216 Broadway Alden, New York 14004 FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY STREET
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE December 6, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Metamora State Bank RSSD #533227 120 East Main Street Metamora, Ohio 43540 Federal Reserve Bank of Cleveland P.O. Box
PUBLIC DISCLOSURE. June 22, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. The Bank of Monroe. 39 Main Street. Union, West Virginia 24983
PUBLIC DISCLOSURE June 22, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The Bank of Monroe 849432 39 Main Street Union, West Virginia 24983 Federal Reserve Bank of Richmond P. O. Box 27622 Richmond,
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE August 25, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD: 2747279 115 Third Street Marietta, Ohio 45750 Federal Reserve Bank of Cleveland P.O. Box 6387 Cleveland, OH 44101-1387
44256 Federal Register / Vol. 70, No. 147 / Tuesday, August 2, 2005 / Rules and Regulations
44256 Federal Register / Vol. 70, No. 147 / Tuesday, August 2, 2005 / Rules and Regulations List of Subjects in 7 CFR Part 946 Marketing agreements, Potatoes, Reporting and recordkeeping requirements.
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT
PUBLIC DISCLOSURE March 31, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Bank & Trust RSSD# 2333298 820 Church Street Evanston, IL 60201 Federal Reserve Bank of Chicago 230 South LaSalle
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE July 21, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The St. Henry Bank RSSD # 568126 231 East Main Street St. Henry, OH 45883 Federal Reserve Bank of Cleveland P.O. Box 6387
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 20, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Southern Bancorp Bank RSSD# 973140 117 West Floyce Street Ruleville, Mississippi 38771 Federal Reserve Bank of St. Louis
CRA PERFORMANCE EVALUATION
THE CRA PUBLIC FILE CHINO COMMERCIAL BANK CRA PERFORMANCE EVALUATION The Community Reinvestment Act regulation requires each financial institution to include in the public file a copy of the public section
() Office of the Comptroller of the Currency
() Office of the Comptroller of the Currency Washington, DC 20219 August 16, 2017 Board of Directors City National Bank 400 North Roxbury Drive Beverly Hills, CA 90210 Dear Members of the Board: Enclosed
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE May 21, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The Bank of New York RSSD No. 541101 One Wall Street New York, New York 10286 FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 28, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Solvay Bank RSSD No. 722816 1537 Milton Avenue Solvay, New York 13209 FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY STREET
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE June 12, 2017 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The First National Bank of Granbury 101 E. Bridge Street Granbury, TX 76048 Office of the Comptroller of the Currency Fort
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE June 13, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Adirondack Trust Company RSSD No. 645317 473 Broadway Saratoga Springs, NY 12866 Federal Reserve Bank of New York 33 Liberty
PUBLIC DISCLOSURE. May 9, 2005 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION COMMUNITY BANK & TRUST RSSD #
PUBLIC DISCLOSURE May 9, 2005 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION COMMUNITY BANK & TRUST RSSD # 957757 100 SOUTH WOOD STREET, P.O. BOX 400 NEOSHO, MISSOURI 64850-1819 Federal Reserve Bank
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 11, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The Hocking Valley RSSD ID #230610 7 West Stimson Athens, Ohio 45701 Federal Reserve of Cleveland P.O. Box 6387 Cleveland,
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE Date of Evaluation: MARCH 09, 2015 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Name of Depository Institution: UNIVEST BANK AND TRUST Co. Institution s Identification Number: 354310
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE February 22, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Franklin Synergy Bank 722 Columbia Avenue Franklin, Tennessee RSSD ID NUMBER: 3635533 FEDERAL RESERVE BANK OF ATLANTA
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE November 5, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD: 2747279 115 Third Street Marietta, Ohio 45750 Federal Reserve Bank of Cleveland P.O. Box 6387 Cleveland, OH 44101-1387
Interagency Questions and Answers Regarding Community Reinvestment. Interagency Questions and Answers Regarding Community Reinvestment.
Outlook Live Webinar July 17, 2014 Interagency Questions and Answers Regarding Community Reinvestment Presented by the FRB, FDIC, and OCC Visit us at www.consumercomplianceoutlook.org Interagency Questions
The Compliance Management Program and Understanding the Examination Process
The Compliance Management Program and Understanding the Examination Process Bank Operations Institute October 17, 2013 Annette Schindler FDIC Lauri Angle- FDIC Molly McKnight - OCC Diane van Gelder Federal
February 14, Dear Ms. Naulty:
February 14, 2014 Ms. Peggy Naulty Division of Consumer and Community Affairs Board of Governors of the Federal Reserve System 20 th Street and Constitution Avenue N.W. Washington, DC 20551 Dear Ms. Naulty:
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE February 1, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION FNBC Bank RSSD# 100843 636 Ash Flat Drive Ash Flat, Arkansas 72513 Federal Reserve Bank of St. Louis P.O. Box 442 St.
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE May 18, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD No. 645317 473 Broadway Saratoga Springs, New York 12866 Federal Reserve Bank of New York 33 Liberty Street New York,
New Developments in Community Reinvestment Act Regulation and Examination
New Developments in Community Reinvestment Act Regulation and Examination Northwest Compliance Conference Seattle, WA October 6, 2016 Legal Counsel to the Financial Services Industry Presented by: Warren
PUBLIC DISCLOSURE. January 23, 2006 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION GUARANTY BANK AND TRUST COMPANY RSSD#
PUBLIC DISCLOSURE January 23, 2006 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION GUARANTY BANK AND TRUST COMPANY RSSD# 666657 1331 SEVENTEENTH STREET DENVER, COLORADO 80202 Federal Reserve Bank of
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE August 20, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION RSSD No. 101671 185 Genesee Street Utica, New York 13501 FEDERAL RESERVE BANK OF NEW YORK 33 LIBERTY STREET NEW YORK,