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 on the CRA examination of First
National Bank of Brookings, South Dakota. This letter states that
Brookings should receive a lending test rating of no higher than ‘Needs
to Improve’ due to its partnership with Cash America to offer payday
loans in Illinois and other states.
Comment letter requesting that the Federal Deposit Insurance Corporation consider the payday lending operations in its current safety and soundness examinations of Republic Bank & Trust.
Comment letter on Harris Trust and Savings Bank's 2000 CRA Exam. Although the bank received a Satisfactory rating for its CRA exam in 1998, this letter highlights some shortcomings in Harris Trust and Saving Bank's community development performance.
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.
