CRA Comment letters submitted during a bank's regular CRA examination. Woodstock Institute regularly comments on bank mergers throughout the Chicago region, and the nation. For information on a specific bank, please contact Woodstock Institute through the comment page.
Addendum to the 2002 CRA exam comment letter submitted regarding Banco Popular North America. The bank claimed that they make most of their lending through Equity One (a subprime lender) and an entity known as Banco Popular, N.A.
Comment letter in reponse to E*TRADE Bank’s 2003 Needs to Improve CRA rating. As one of the largest banks to ever fail a CRA exam, the letter suggests that E*TRADE Bank should formulate a strong and appropriate response.
Comment letter on the 1999 CRA examination of The Northern Trust Company strategic plan. Addresses the bank's low levels of lending, services, and investments in lower-income communities recommends that the Federal Reserve reject Northern Trust's 2000-2002 Strategic Plan.
Comment letter on Household Bank FSB’s 1999 CRA Strategic Plan. The letter suggests that future strategic plans include a detailed break out of community development lending vs. investments; and a commitment to at least $250,000 per year in below-market equity-equivalent investments in CDFIs.
Comment letter on the CRA examination of M&I
Bank FSB’s proposed strategic plan. This letter states that banks
such as M&I Bank FSB that do a significant amount of business
nationwide over the Internet should consider even more expansive
assessment areas in order to remain accountable to all of the
communities that they serve.
