WASHINGTON - The Office of Thrift Supervision graded 57 savings institutions on community reinvestment performance in April, and most passed.

The agency said 52 had been rated "satisfactory" or "outstanding" and only five were judged "needs to improve."

The outstanding institutions are: Cecil Federal Savings Bank, Elkton, Md.; Fidelity Federal Savings Bank, Dalton, Ga.; First Federal Savings Bank of Citrus County, Inverness, Fla.; First Federal Savings and Loan Association, Cheraw, S.C.; and Franklin Federal Bancorp., Austin, Tex.

Also in that group are: Gardiner Savings Institution, Gardiner, Maine; Home Federal Savings Bank, Seymour, Ind.; Homeland Savings Bank, Waterloo, Iowa; Piedmont Federal Savings and Loan Association, Winston-Salem, N.C.; and Willow Grove Federal Savings, Maple Glen, Pa.

The five thrifts that got "needs to improve" ratings are: Cincinnatus Savings and Loan Co., Cheviot, Ohio; Cross County Federal Savings Bank, Middle Village, N.Y; First Public Savings Bank, Los Angeles; Hawthorne Savings, El Segundo, Calif.; and Peoples Building Loan and Savings Co., Mason, Ohio.

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