| FOR RELEASE at 4:00 P.M. EST | For further information | ||||
| Monday, March 13, 2000 | Contact: Ella P. Allen | ||||
| OTS 00-32 | 202/906-6924 | ||||
WASHINGTON, D.C., March 13, 2000 -- The Office of Thrift Supervision (OTS) today issued savings associations' Community Reinvestment Act (CRA) performance evaluation ratings that became available in February 2000.
Of the 20 institutions in the corrected February report, 4 were rated Outstanding, 15 were rated Satisfactory, and 1 was rated Needs To Improve.
The CRA requires financial institutions to help meet the credit needs of their local communities, including low- and moderate-income neighborhoods, consistent with safe and sound lending practices. CRA performance is assessed as part of each financial institution's examination for compliance with non-discrimination and consumer laws and regulations. Each institution must make its rating available to the public upon request and is permitted to charge a nominal fee for a copy of its public CRA performance evaluation.
February 2000 CRA ratings by region:
| NE | SE | CEN | MW | W | Total | |
| Outstanding | 0 | 4 | 0 | 0 | 0 | 4/TD> |
| Satisfactory | 6 | 1 | 5 | 3 | 0 | 15 |
| Needs to Improve | 0 | 1 | 0 | 0 | 0 | 1 |
| Substantial Noncompliance | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 3 | 0 | 20 |
OTS' five regions and the states in each are as follows:
| Northeast (NE) | Southeast (SE) | Central (CEN) | Midwest (MW) | West (W) | |
| Connecticut | Alabama | Illinois | Arkansas | Alaska | |
| Delaware | Florida | Indiana | Colorado | Arizona | |
| Maine | Georgia | Kentucky | Iowa | California | |
| Massachusetts | Maryland | Michigan | Kansas | Hawaii | |
| New Jersey | North Carolina | Ohio | Louisiana | Guam | |
| New Hampshire | South Carolina | Tennessee | Minnesota | Idaho | |
| New York | Virginia | Wisconsin | Mississippi | Montana | |
| Pennsylvania | District of Columbia | Missouri | Nevada | ||
| Rhode Island | Nebraska | Oregon | |||
| West Virginia | Puerto Rico | North Dakota | Utah | ||
| Vermont | Virgin Islands | South Dakota | Washington | ||
| New Mexico | Wyoming | ||||
| Oklahoma | |||||
| Texas |
In some cases, an institution may be examined by an OTS region other than the one that includes the state in which the institution is located, because of the institution’s corporate structure. Lists of institutions' CRA ratings are available to the public through the Records Management and Information Policy Division, Office of Thrift Supervision, 1700 G Street, N.W., Washington, D.C. 20552, or telephone (202) 906-5900. Copies of institutions' individual CRA performance evaluations are available directly from the institutions, through the OTS regional offices, or the OTS web site at www.ots.treas.gov.
The Office of Thrift Supervision (OTS), an office of the U.S. Treasury, regulates and supervises the nation's thrift industry. OTS's mission is to ensure the safety and soundness of thrift institutions and to support their role as home mortgage lenders and providers of other community credit and financial services. For copies of news releases or other documents visit the OTS web page at www.ots.treas.gov.
OFFICE OF THRIFT SUPERVISION
CRA PERFORMANCE EVALUATIONS FOR FEB-2000
REGION NORTHEAST
CRA Performance Evaluations prepared by the OTS for the savings associations
listed below became publicly available during this reporting period.
NAME OF ASSOCIATION/
STATE HOME OFFICE ADDRESS CRA RATING
----- ------------------------------------- -------------------------
CT WINDSOR FS & LA SATISFACTORY
PO BOX 250
WINDSOR, CT - 06095
NH AWANE BANK, FSB SATISFACTORY
P.O. BOX 888
PETERBOROUGH, NH - 03458
NJ FIRST BANK OF SEA ISLE CITY SATISFACTORY
137 JOHN F KENNEDY BLVD
SEA ISLE CITY, NJ - 08243
PA POLONIA BANK SATISFACTORY
2646 E ALLEGHENY AVE
PHILADELPHIA, PA - 19134
PA THIRD FEDERAL SAVINGS BANK SATISFACTORY
3 PENNS TRL
NEWTOWN, PA - 18940
PA WILLIAM PENN S & LA SATISFACTORY
PO BOX 39
LEVITTOWN, PA - 19059
CRA PERFORMANCE EVALUATIONS FOR FEB-2000
REGION SOUTHEAST
NAME OF ASSOCIATION/
STATE HOME OFFICE ADDRESS CRA RATING
----- ------------------------------------- -------------------------
FL HOME FEDERAL BANK OF HOLLYWOOD OUTSTANDING
1600 SOUTH FEDERAL HIGHWAY
HOLLYWOOD, FL - 33020
GA DOUGLAS FEDERAL BANK, FSB OUTSTANDING
PO BOX 639
DOUGLASVILLE, GA - 30133
GA SECURITY FIRST NETWORK BANK OUTSTANDING
3475 PIEDMONT ROAD, SUITE 300
ATLANTA, GA - 30305
MD EASTERN SAVINGS BANK, FSB NEEDS TO IMPROVE
11350 MCCORMICK RD STE 200
HUNT VALLEY, MD - 21031
NC FIRST FS&LA OF LINCOLNTON OUTSTANDING
320 E MAIN ST
LINCOLNTON, NC - 28092
SC CAROLINA FIRST BANK, A FSB SATISFACTORY
P.O. BOX 1029
GREENVILLE, SC - 29602
CRA PERFORMANCE EVALUATIONS FOR FEB-2000
REGION CENTRAL
NAME OF ASSOCIATION/
STATE HOME OFFICE ADDRESS CRA RATING
----- ------------------------------------- -------------------------
IN FIRST FEDERAL SAVINGS BANK OF MARION SATISFACTORY
100 W 3RD ST # 367
MARION, IN - 46952
IN LOGANSPORT SAVINGS BANK, FSB SATISFACTORY
PO BOX 569
LOGANSPORT, IN - 46947
KY FIRST FEDERAL BANK FOR SAVINGS SATISFACTORY
PO BOX 2349
ASHLAND, KY - 41105
OH AMERIANA BANK OF OHIO, F.S.B. SATISFACTORY
7200 BLUE ASH RD
CINCINNATI, OH - 45236
OH OHIO SAVINGS BANK SATISFACTORY
1801 E NINTH ST
CLEVELAND, OH - 44114
CRA PERFORMANCE EVALUATIONS FOR FEB-2000
REGION MIDWEST
NAME OF ASSOCIATION/
STATE HOME OFFICE ADDRESS CRA RATING
----- ------------------------------------- -------------------------
KS INTER-STATE FS&LA OF KANSAS CITY SATISFACTORY
711 MINNESOTA AVE
KANSAS CITY, KS - 66101
MN INTER SAVINGS BANK, FSB SATISFACTORY
6545 FRANCE AVENUE SOUTH, SUITE 130
EDINA, MN - 55435
TX PREFERRED BANK SATISFACTORY
11757 KATY FWY STE 100
HOUSTON, TX - 77079
Created: Wednesday, 3/15/2000