| FOR RELEASE at 11:30 a.m. EST | For further information | ||||
| Monday, December 6, 1999 | Contact: Ella P. Allen | ||||
| OTS 99-83 | 202/906-6924 | ||||
WASHINGTON, D.C., December 6, 1999 -- The Office of Thrift Supervision (OTS) today released savings associations' Community Reinvestment Act (CRA) performance evaluation ratings that became available in November 1999.
Of the 28 institutions in the November report, 6 were rated Outstanding, and 22 were rated Satisfactory.
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.
November 1999 CRA ratings by region:
| NE | SE | CEN | MW | W | Total | |
| Outstanding | 1 | 2 | 1 | 0 | 2 | 6 |
| Satisfactory | 3 | 1 | 14 | 3 | 1 | 22 |
| Needs to Improve | 0 | 0 | 0 | 0 | 0 | 0 |
| Substantial Noncompliance | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 15 | 3 | 3 | 28 |
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 | Puerto Rico | Nebraska | Oregon | ||
| West Virginia | Virgin Islands | North Dakota | Utah | ||
| Vermont | 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 http://www.ots.treas.gov.
The Office of Thrift Supervision (OTS), a bureau of the U.S. Treasury, regulates and supervises the nation's thrift industry. OTS' 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 and other documents visit the OTS web page at http://www.ots.treas.gov.
OFFICE OF THRIFT SUPERVISION
CRA PERFORMANCE EVALUATIONS FOR NOV-1999
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
----- ------------------------------------- -------------------------
FL OCWEN FEDERAL BANK FSB SATISFACTORY
1675 PALM BEACH LAKES BLVD STE 1000
WEST PALM BEACH, FL - 33401
MA FOXBORO FS & LA SATISFACTORY
PO BOX 373
FOXBORO, MA - 02035
NJ LUSITANIA SAVINGS BANK, FSB OUTSTANDING
107 PULASKI ST
NEWARK, NJ - 07105
NJ WAWEL SAVINGS BANK, SLA SATISFACTORY
MAIN AND WALLINGTON AVENUES
WALLINGTON, NJ - 07057
OFFICE OF THRIFT SUPERVISION
CRA PERFORMANCE EVALUATIONS FOR NOV-1999
REGION SOUTHEAST
NAME OF ASSOCIATION/
STATE HOME OFFICE ADDRESS CRA RATING
----- ------------------------------------- -------------------------
MD ROSEDALE FS & LA SATISFACTORY
6708 NELAIR RD
BALTIMORE, MD - 21206
NC MOUNT GILEAD S & LA OUTSTANDING
PO BOX 97
MOUNT GILEAD, NC - 27306
NC PIEDMONT FS & LA OUTSTANDING
PO BOX 215
WINSTON SALEM, NC - 27102
OFFICE OF THRIFT SUPERVISION
CRA PERFORMANCE EVALUATIONS FOR NOV-1999
REGION CENTRAL
NAME OF ASSOCIATION/
STATE HOME OFFICE ADDRESS CRA RATING
----- ------------------------------------- -------------------------
IL FIRST FS & LA SATISFACTORY
PO BOX 309
MATTOON, IL - 61938
IL LOOMIS FS & LA SATISFACTORY
6350 W 63rd ST
CHICAGO, IL - 60638
IN FIDELITY FEDERAL SAVINGS BANK SATISFACTORY
PO BOX 1480
MARION, IN - 46952
IN PEOPLES S & LA OF MONTICELLO INDIANA SATISFACTORY
PO BOX 425
MONTICELLO, IN - 47960
KY CARROLLTON FS & LA SATISFACTORY
455 MAIN ST
CARROLLTON, KY - 41008
KY CITIZENS FS & LA SATISFACTORY
PO BOX 508
COVINGTON, KY - 41012
KY FAMILY BANK, FSB SATISFACTORY
232 Main ST
PAINTSVILLE, KY - 41240
KY THE LEXINGTON BANK, FSB SATISFACTORY
385 WALLER AVENUE, SUITE 10
LEXINGTON, KY - 40504
MI FLAGSTAR BANK, FSB SATISFACTORY
2600 S. TELEGRAPH RD
BLOOMFIELD HILLS, MI - 48302
MI NORTHERN TRUST BANK, FSB SATISFACTORY
1701 N. WOODWARD AVENUE
BLOOMFIELD HILLS, MI - 48304
OH GENOA S & L CO SATISFACTORY
PO BOX 188
GENOA, OH - 43430
OH HOME FEDERAL BANK, A.F.S.B. SATISFACTORY
100 S. 3rd ST
HAMILTON, OH - 45011
OH HOME FS & LA OF NILES SATISFACTORY
PO BOX 311
NILES, OH - 44446
OH THE CONNEAUT S & L CO OUTSTANDING
PO BOX 740
CONNEAUT, OH - 44030
TN FIRST FEDERAL SAVINGS BANK SATISFACTORY
PO BOX 688
CLARKSVILLE, TN - 37041
OFFICE OF THRIFT SUPERVISION
CRA PERFORMANCE EVALUATIONS FOR NOV-1999
REGION MIDWEST
NAME OF ASSOCIATION/
STATE HOME OFFICE ADDRESS CRA RATING
----- ------------------------------------- -------------------------
OK 1ST BANK OKLAHOMA SATISFACTORY
PO BOX 888
CLAREMORE, OK - 74018
TX GILMER SAVINGS BANK FSB SATISFACTORY
PO BOC 1808
GILMER, TX - 75644
TX GRAHAM S & LA, FA SATISFACTORY
PO BOX 1490
GRAHAM, TX - 76450
OFFICE OF THRIFT SUPERVISION
CRA PERFORMANCE EVALUATIONS FOR NOV-1999
REGION WEST
NAME OF ASSOCIATION/
STATE HOME OFFICE ADDRESS CRA RATING
----- ------------------------------------- -------------------------
CA SAN LUIS TRUST BANK, FSB SATISFACTORY
PO BOX 1119
SAN LUIS OBISPO, CA - 93406
MT AMERICAN FEDERAL SAVINGS BANK OUTSTANDING
PO BOX 4999
HELENA, MT - 59604
UT HERITAGE BANK OUTSTANDING
PO BOX 579
ST. GEORGE, UT - 84771