The FDIC has a new Internet service giving the
public quick and easy access to Community Reinvestment Act (CRA) evaluations for the
approximately 6,000 banks supervised by the agency. The CRA requires federal regulators to
assess and rate an institutions record of helping to meet the credit needs of its
entire community, including low- and moderate-income neighborhoods, consistent with safe
and sound lending. The regulators also are required to make public each institutions
CRA rating and the detailed performance evaluation that led to the rating.
With the new
Internet service, you can quickly obtain the latest rating for a single bank or a group of
banks by keying in certain information. You can, for example, search for the CRA ratings
of all the FDIC-supervised banks headquartered in your city or state. You also can obtain
CRA performance evaluations dating back to 1996.
To get the FDICs CRA ratings and evaluations on the Internet, go to
www.fdic.gov/publish, then click on Community Reinvestment Act followed by
Automated CRA Ratings Search. Questions may be e-mailed or directed to the FDICs Division
of Compliance and Consumer Affairs at (800) 934-3342. To get to the other agencies
evaluations on the Internet, go to www.ffiec.gov/cra/info.
If you dont have access to the Internet, you can get a copy of an
institutions CRA evaluation directly from that institution or its primary federal
regulator. You may be charged a nominal fee. For a copy of CRA information from the FDIC,
please mail or fax a request to our Public
Information Center. Names and addresses for other federal regulators are on the For More Information page.