One Bank Stands Out for a Notably Non-Outstanding Reason
The FDIC released its April 2017 list of 47 banks that have recently undergone a CRA performance evaluation. There were a few outstandings, a long string of satisfactories, zero needs to improves, but one bank received the dreaded substantial noncompliance: Union County Savings Bank in Elizabeth, NJ. OCC was much kinder, with three outstandings and 28 satisfactories. [4/5/17]


