WASHINGTON - The CRA Qualified Investment Fund, a mutual fund designed to help banks satisfy the Community Reinvestment Act's investment component, announced a big win Monday that it claims has significantly increased interest among potential bank investors.

San Diego National Bank - the first of the fund's handful of bank investors to undergo a CRA exam - was upgraded to an "outstanding" rating, and the Office of the Comptroller of the Currency's report lauded as "innovative" the $1.3 billion-asset bank's $2.1 million stake in the CRA Qualified Investment Fund. In San Diego National's March 1997 CRA exam it got a "satisfactory" rating.

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