Banks Boost Performance by Focusing on Strengthening Risk Management
The Office of the Comptroller of the Currency today reported that the financial condition of community national banks and federal savings associations in its nine-state Central District improved in 2013 as they focused on strengthening risk management systems to help boost their performance. More than 85 percent of 491 community national banks and thrifts located in the OCC’s Central District are top-rated, 1 or 2, on the five-point scale, a level not seen since early 2009. [5/14]
