Maybe the best place to do community reinvestment is in federal banking regulators' backyard.

NationsBank Corp., Crestar Financial Corp., Riggs National Corp., and First Union Corp. have all placed branches in Anacostia - a poverty- stricken, crime-ridden section of Washington that three years ago was home to just one bank.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.