Resistance to the Community Reinvestment Act Is Futile

Our nation’s banks must submit to the Federal Deposit Insurance Corporation’s requirements of the Community Reinvestment Act (CRA). As shown in this video, Rep. Royce outlines that the CRA was a contributing factor in the housing crisis.

“CRA acted as a bargaining tool for activist organizations”, according to Rep. Royce. This redistribution of our savings to people who were and still are high credit risks is the goal of this administration. Banks are still audited for CRA compliance and now the Federal Reserve wants the government (meaning the people) to bailout distressed borrowers’ loan balances.

Click here if you want to see the list of banks investigated for compliance from 1996 to present by month.

David DeGerolamo

Related Article:

The Federal Reserve’s Latest Attack on Dollar – Mortgage Bailouts

Here is the information for CRA compliance from the FDIC for January 2012:

Monthly List of Banks Examined for CRA Compliance


January 2012 List of Banks Examined for CRA Compliance 

FDIC Issues List of Banks Examined for CRA Compliance 

Atlanta Region
(AL, FL, GA, NC, SC, VA, WV)
Chicago Region
(IL, IN, KY, MI, OH, WI)
Dallas Region
(AR, CO, LA, MS, NM, OK, TN, TX)
Kansas City Region
(IA, KS, MN, MO ND, NE, SD)
New York Region
(CT, DE, DC, MA, MD, ME, NH, NJ, NY, PA, PR, RI, VI, VT)
San Francisco
(AK, AZ, CA, GU, HI, ID, MT, NV, OR, UT, WA, WY)

Atlanta Region (AL, FL, GA, NC, SC, VA, WV)

Cert # Institution Name Street Address City ST Zip Rating
58343
Premier Community Bank of the Emerald Coast
P.O. BOX 399
CRESTVIEW
FL
32536
S
34943
First Community Bank of Southwest Florida
1565 RED CEDAR DRIVE
FORT MYERS
FL
33907-0000
S
57085
Florida Gulf Bank
P.O. BOX 2939
FORT MYERS
FL
33902-2939
S
34427
CNLBank
P.O. BOX 4968
ORLANDO
FL
32802-4968
S
58189
Providence Bank
P.O. BOX 1127
ALPHARETTA
GA
30009-1127
S
57711
Mountain Valley Community Bank
136 NORTH MAIN STREET
CLEVELAND
GA
30528-0000
S
57732
Highland Commercial Bank
3411 ERNEST BARRETT PARKWAY
MARIETTA
GA
30064-0000
S
58274
Liberty First Bank
1901 WEST SPRING STREET
MONROE
GA
30655-0000
S
58248
Patriot State Bank
P.O. BOX 1839
FUQUAY VARINA
NC
27526
S
33527
Bank of North Carolina
831 JULIAN AVENUE
THOMASVILLE
NC
27360-0000
S

Chicago Region (IL, IN, KY, MI, OH, WI)

Cert # Institution Name Street Address City ST Zip Rating
58264 Signature Bank 6400 NORTH NORTHWEST HIGHWAY CHICAGO IL 60631-0000 S
17598 Soy Capital Bank and Trust Company 1501 EAST ELDORADO STREET DECATUR IL 62525-0000 O
57681 First Community Bank of Joliet 2801 BLACK ROAD JOLIET IL 60435-0000 S
5722 Philo Exchange Bank P.O. BOX 380 PHILO IL 61864-0000 S
19418 AmericaUnited Bank and Trust Company USA 321 WEST GOLF ROAD SCHAUMBURG IL 60196-0000 S
57713 Indiana Business Bank 250 EAST 96TH STREET, SUITE 100 INDIANAPOLIS IN 46240-0000 S
14578 Farmers State Bank 220 SOUTH DETROIT STREET LAGRANGE IN 46761-0000 S
1837 Ossian State Bank P.O. BOX 325 OSSIAN IN 46777-0000 S
5838 Farmers State Bank P.O. BOX 68 BOONEVILLE KY 41314-0000 O
9306 The Citizens Bank P.O. BOX 268 HICKMAN KY 42050-0000 S
21161 Bank of the Bluegrass and Trust Company 101 EAST HIGH STREET LEXINGTON KY 40507-0000 S
58112 Louisa Community Bank 4373 HIGHWAY 2565 LOUISA KY 41230-0000 S
8133 South Central Bank of Monroe County P.O. BOX 307 TOMPKINSVILLE KY 42167-0000 S
13177 United Bank & Trust P.O. BOX 1127 ANN ARBOR MI 48106-1127 S
58101 Bank of Birmingham P.O. BOX 1298 BIRMINGHAM MI 48009-0000 S

Dallas Region (AR, CO, LA, MS, NM, OK, TN, TX)

Cert # Institution Name Street Address City ST Zip Rating
57741 First Southwest Bank 720 MAIN STREET ALAMOSA CO 81101-0000 S
57039 Covenant Bank 206 SHARKEY AVENUE CLARKSDALE MS 38614-0000 S
11423 Sycamore Bank P.O. BOX 96 SENATOBIA MS 38668-0000 S
18355 North Dallas Bank & Trust Co. P.O. BOX 679001 DALLAS TX 75230-9001 S
17446 Fort Davis State Bank P.O. BOX 1808 FORT DAVIS TX 79734-0000 NI
25330 United Central Bank 4555 WEST WALNUT GARLAND TX 75042-5143 NI
16182 First State Bank P.O. BOX 1944 HEMPHILL TX 75948-0000 S
25103 City Bank P.O. BOX 5060 LUBBOCK TX 79408-0000 S

Kansas City Region (IA, KS, MN, MO, ND, NE, SD) 

Cert # Institution Name Street Address City ST Zip Rating
9300 Readlyn Savings Bank P.O. BOX 40 READLYN IA 50668-0000 S
17927 The State Bank of Leon P.O. BOX 68 LEON KS 67074-0000 S
19899 Kansas State Bank of Manhattan P.O. BOX 69 MANHATTAN KS 66502-0000 S
1867 The Farmers State Bank of Oakley, Kansas P.O. BOX 160 OAKLEY KS 67748-0000 S
1147 The Peoples Bank P.O. BOX B PRATT KS 67124-0000 S
16656 Security State Bank of Aitkin 402 MINNESOTA AVENUE NORTH AITKIN MN 56431-0000 S
10208 United Southwest Bank 111 WEST MAIN STREET COTTONWOOD MN 56229-0000 S
16778 Franklin State Bank P.O. BOX 99 FRANKLIN MN 55333-0099 S
10212 Commerce Bank P.O. BOX 149 GENEVA MN 56035-0000 S
19589 Northern State Bank of Virginia P.O. BOX 957 VIRGINIA MN 55792-0000 S
14546 New Era Bank P.O. OX 511 FREDERICKTOWN MO 63645-0000 S
9127 Bank of Hamilton 1 WALL STREET HAMILTON ND 58238-0000 NI
13421 Union Bank and Trust Company P.O. BOX 82535 LINCOLN NE 68501-0000 O

New York Region (CT, DE, DC, MA, MD, ME, NH, NJ, NY, PA, PR, RI, VI, VT)

Cert # Institution Name Street Address City ST Zip Rating
23966 OneUnited Bank 201 DEVONSHIRE STREET STE 600 BOSTON MA 02110-1444 NI
32773 Eastern Bank 265 FRANKLIN STREET BOSTON MA 02110-3120 O
23293 Florence Savings Bank 85 MAIN STREET FLORENCE MA 01062-0000 S
23524 Southbridge Savings Bank P.O. BOX 370 SOUTHBRIDGE MA 01550-0370 S
24015 The Harbor Bank of Maryland 25 WEST FAYETTE STREET BALTIMORE MD 21201-0000 S
32327 Saint Casimir’s Savings Bank 2703 FOSTER AVENUE BALTIMORE MD 21224-0000 NI
18030 Savings Bank of Walpole 68 AMES PLAZA LANE WALPOLE NH 03608-0000 S
35479 MARINERS BANK 935 RIVER ROAD EDGEWATER NJ 07020-0000 S
33141 Skylands Community Bank 176 MOUNTAIN AVENUE HACKETTSTOWN NJ 07840-0000 S
57983 Indus American Bank 1536 OAK TREE ROAD ISELIN NJ 08830-0000 S
30470 Manasquan Savings Bank P.O. DRAWER E MANASQUAN NJ 08736-0000 S
13292 The Bank of Castile 90 MAIN STREET BATAVIA NY 14020-0000 O
58203 NewBank 146-01 NORTHERN BOULEVARD FLUSHING NY 11354-0000 S
16022 New York Community Bank 615 MERRICK AVENUE WESTBURY NY 11590-6644 S
58196 Noah Bank 418 OAK LANE ROAD PHILADELPHIA PA 19126-0000 S

San Francisco (AK, AZ, CA, GU, HI, ID, MT, NV, OR, UT, WA, WY) 

Cert # Institution Name Street Address City ST Zip Rating
58297 Pinnacle Bank 7597 MONTEREY STREET GILROY CA 95020-0000 S
11666 D. L. Evans Bank P.O. BOX 1188 BURLEY ID 83318-0000 S
58183 Bank Reale 5205 ROAD 68 PASCO WA 99301-0000 S

Ratings Definitions: O is Outstanding; S is Satisfactory; NI is Needs to Improve; and SN is Substantial Non-compliance


      
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