Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation’s banking system.
The FDIC insures deposits at the nation’s banks and savings associations, 6,182 as of December 31, 2015. It promotes the safety and
soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no
federal tax dollars—insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically
(go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC’s Public Information Center
(877-275-3342 or 703-562-2200). PR-15-2016
February 29, 2016 Media contact:
LaJuan Williams-Young
(202) 898-3876
lwilliams-young@fdic.gov
FDIC Issues Second Quarter 2016 CRA Examination Schedule
The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has
scheduled for a Community Reinvestment Act (CRA) examination during the second quarter of 2016. This
list is published pursuant to revised CRA regulations published in May 1995 that require each federal bank
and thrift regulator to publish a quarterly CRA examination schedule at least 30 days before the beginning
of each quarter.
The examination schedule reflects the effects of an institution’s size and CRA rating on examination
frequency. Absent reasonable cause, an institution with $250 million or less in assets and a CRA rating of
Satisfactory can be subject to a CRA examination no more frequently than once every 48 months. Absent
reasonable cause, an institution with $250 million or less in assets and a CRA rating of Outstanding can be
subject to a CRA examination no more frequently than once every 60 months.
The schedule of institutions to be examined April 1, 2016 through June 30, 2016, is based on the best
information now available. Examination schedules may change. For example, a regulated financial
institution not otherwise scheduled for an examination may be examined in connection with the application
for a deposit facility. Alternatively, some institutions may require more time and resources than originally
allotted, thus delaying other scheduled examinations. If an institution is rescheduled for a different quarter,
that information will be included on a later list.
The regulators encourage public comment on the institutions to be examined under the CRA. Comments
about FDIC-supervised institutions should be directed to the institutions themselves or to the Deputy
Regional Director of the appropriate FDIC regional office (a list of those locations is attached). All public
comments received prior to completion of a CRA examination will be considered.
To receive today’s quarterly list if not available as an attachment, call (703) 562-2200 or (877) 275-3342,
fax a request to (703) 562-2296, or write to:
FDIC
Public Information Center
3501 Fairfax Drive
Room E-1002
Arlington, VA 22226
The quarterly list is also available on the Internet at www.fdic.gov.
The Community Reinvestment Act is a 1977 law intended to encourage insured banks and thrifts to help
meet the credit needs of the communities in which they are chartered to do business, including low- and
moderate-income neighborhoods, consistent with safe and sound operations.
Attachments:
FDIC CRA Regional Office Contacts
CRA Exam Schedule Listing for Second Quarter 2016
The FDIC insures deposits at the nation’s banks and savings associations, 6,182 as of December 31, 2015. It promotes the safety and
soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no
federal tax dollars—insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically
(go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC’s Public Information Center
(877-275-3342 or 703-562-2200). PR-15-2016
February 29, 2016 Media contact:
LaJuan Williams-Young
(202) 898-3876
lwilliams-young@fdic.gov
FDIC Issues Second Quarter 2016 CRA Examination Schedule
The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has
scheduled for a Community Reinvestment Act (CRA) examination during the second quarter of 2016. This
list is published pursuant to revised CRA regulations published in May 1995 that require each federal bank
and thrift regulator to publish a quarterly CRA examination schedule at least 30 days before the beginning
of each quarter.
The examination schedule reflects the effects of an institution’s size and CRA rating on examination
frequency. Absent reasonable cause, an institution with $250 million or less in assets and a CRA rating of
Satisfactory can be subject to a CRA examination no more frequently than once every 48 months. Absent
reasonable cause, an institution with $250 million or less in assets and a CRA rating of Outstanding can be
subject to a CRA examination no more frequently than once every 60 months.
The schedule of institutions to be examined April 1, 2016 through June 30, 2016, is based on the best
information now available. Examination schedules may change. For example, a regulated financial
institution not otherwise scheduled for an examination may be examined in connection with the application
for a deposit facility. Alternatively, some institutions may require more time and resources than originally
allotted, thus delaying other scheduled examinations. If an institution is rescheduled for a different quarter,
that information will be included on a later list.
The regulators encourage public comment on the institutions to be examined under the CRA. Comments
about FDIC-supervised institutions should be directed to the institutions themselves or to the Deputy
Regional Director of the appropriate FDIC regional office (a list of those locations is attached). All public
comments received prior to completion of a CRA examination will be considered.
To receive today’s quarterly list if not available as an attachment, call (703) 562-2200 or (877) 275-3342,
fax a request to (703) 562-2296, or write to:
FDIC
Public Information Center
3501 Fairfax Drive
Room E-1002
Arlington, VA 22226
The quarterly list is also available on the Internet at www.fdic.gov.
The Community Reinvestment Act is a 1977 law intended to encourage insured banks and thrifts to help
meet the credit needs of the communities in which they are chartered to do business, including low- and
moderate-income neighborhoods, consistent with safe and sound operations.
Attachments:
FDIC CRA Regional Office Contacts
CRA Exam Schedule Listing for Second Quarter 2016