DETROIT - The flagship bank of NBD Bancorp Inc. said that it has received its second consecutive "outstanding" rating from the Office of the Comptroller of the Currency for meeting community credit needs.

The rating is the highest of four from bank regulatory agencies that monitor compliance with provisions of the Community Reinvestment Act of 1977.

CRA requires banks to meet the credit needs of their local communities, including low-and moderate-income areas.

NBD Bank, which has about $24 billion of assets and $17 billion of deposits, was cited in particular for its NBD Community Development Corp.

The bank subsidiary expanded its reach into Michigan communities outside of the Detroit area during 1992, according to NBD, the nation's 17th-largest bank company.

NBD also was credited with hosting regional housing conferences in Detroit and other parts of Michigan and with introcducing new consumer products, such as mortgage loans with low down payments and special home-improvement loans for low-income individuals

NBD Bank operates 336 offices across Michigan.

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