Comptroller releases results of recent CRA exams.

WASHINGTON -- The Comptroller's office on Tuesday released the results of Community Reinvestment Act exams made public between May 15 and June 14.

The Comptroller also announced 24 new enforcement actions, including two formal agreements, two consent orders, eight civil money penalties, and one removal of an officer from the business.

Eleven enforcement actions were terminated as well.

Of the 58 CRA ratings released, three banks were rated "outstanding," three more got "needs to improve" ratings, and the rest were judged "satisfactory." No bank received the and worst rating, "substantial non-compliance."

Banks winning top ratings this month were Bank of America, San Francisco; Barnett Bank of Lee County, Fort Myers, Fla.; and First National Bank of Homestead, Homestead, Fla.

To get monthly copies of the CRA report, listing the names of banks and their ratings, write Pam Douglas at the Comptroller's office: Communications Division, Mailstop 9-13, Washington, D.C. 20219.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER