All Banks Passed Muster in Latest in CRA Report

WASHINGTON - The latest community reinvestment grades from the Comptroller's office are out - and every bank on the list passed.

Of 116 banks whose Community Reinvestment Act performance evaluations were made public from April 15 to May 14, 28 were rated "outstanding," and the rest "satisfactory."

The evaluations measure banks' efforts to help meet the credit needs of low-income and moderate-income neighborhoods in their communities.

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