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.
Comment letter in response to Netbank’s 2002 proposed CRA Strategic Plan. The letter commends Netbank for significantly expanding its CRA assessment area to include the following states in their entirety: Arizona, California, Georgia, Florida, Illinois, Massachusetts, New Jersey, New York, Pennsylvania and Texas. This is an improvement over the more limited assessment area that the Bank put forth in its last CRA Strategic Plan.
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 on the 2000 CRA exam of Chorus Bank. The letter evaluates the bank on lending, services, grants, and investments and suggests that the bank recievee a rating of Substantial Noncompliance or Needs to Improve.
Comment letter on the 2002 CRA exam of State Farm
Bank. Suggests that State Farm Bank should include : MSAs
or counties where it has branches and ATMs, and any MSA or non-metro
county where it has originated a significant portion of its loans in
its definition of its assessment area.
Comment letter on the 2003 CRA examination of LaSalle Bank, N.A. Addresses the overall poor performance with regards to lending to minority households, the low level of multifamily loan origination to minority and low-income borrowers, the lack of small business start-up loan products, and the inequitable distribution of bank branches.
