Despite having won a partial reversal of a CRA downgrade, an Illinois bank may have trouble opening a branch it is building in the suburbs.

Regulators had downgraded Marquette National Bank two notches to "substantial noncompliance" with the Community Reinvestment Act after the Association of Community Organizations for Reform Now, or Acorn, complained.

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.