Press Release: FDIC Issues List of Banks Examined for CRA Compliance

PRESS RELEASE | JANUARY 4, 2024 FDIC ISSUES LIST OF BANKS EXAMINED FOR CRA COMPLIANCE WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA).  The list covers evaluation ratings that the FDIC assigned to institutions in October 2023. […]

Truist plans to shrink branch network by 4% in March

The North Carolina-based company said it expects to close about 4% of its branch network, or roughly 80 offices, by the end of the first quarter. The closures come amid Truist’s $750 million cost-cutting initiative.