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The company said in a

Posted: Sun Apr 20, 2025 8:54 am
by mdraufk.h.an.d.a
Recommended big lots long road ahead: discount retailer faces challenges despite acquisition fdic rates banks outstanding in cra compliance falconx acquires arbelos to expand crypto derivatives business year-end surge in car sales expected to end in see more in: acquisitions bankruptcy big lots consumer spending craig rowley digital transformation ecommerce economy inflation jll korn ferry naveen jaggi news omnichannel pymnts news real estate retail ted rogers school of management toronto metropolitan university variety wholesalers zachary robichaud fdic rates banks outstanding in cra compliance by pymnts january the federal deposit insurance corporation fdic rated five banks outstanding and one bank needs to improve in its latest monthly list of banks examined for community reinvestment act cra compliance.

The remainder of the banks included in the monthly list released france cell phone number list friday jan. Were rated satisfactory. None were rated substantial noncompliance. The cra ratings included in this list were assigned by the fdic in october the agency said in a friday press release. The cra is a law that requires the fdic to assess a banks record of meeting the credit needs of its entire community including those of low- and moderate-income neighborhoods consistent with safe and sound operations the release said.

The five banks rated outstanding include charlotte north carolina-based truist bank; jordan montana-based garfield county bank; fairbanks alaska-based mt. Mckinley bank; los angeles-based open bank; and brookfield wisconsin-based spring bank. Weimar texas-based hill bank & trust co. Hbtc was rated needs to improve. In the public disclosure of hbtcs cra performance evaluation the fdic said it gave the bank that rating because its loan-to-deposit ltd ratio is less than reasonable given the banks size financial condition and assessment area credit needs.