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OCC Releases Community Reinvestment Act (CRA) Evaluations

Perficient

These evaluations are based on on-site examinations by OCC-trained staff. Security National Bank. The Office of the Comptroller of the Currency (OCC) has released 15 Community Reinvestment Act (CRA) performance evaluations. On-site examinations are done every other year. No institution was rated as in Substantial Noncompliance.

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Entering the cannabis banking market

Independent Banker

When Oklahoma legalized the sales of cannabis for medicinal purposes in 2018, executives of $550 million-asset Blue Sky Bank in Tulsa, Okla., which began banking CRBs in 2014, the regulatory requirements align with standard Bank Security Act (BSA) requirements. We can upload docs securely. By Judith Sears.

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