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Community Reinvestment Act Exams
The New York Fed conducts CRA exams of Second District member banks. The written evaluations and the banks' CRA ratings are made public. Read recent CRA public evaluations and find out which banks are scheduled for an upcoming CRA exam here.
Background
Community Reinvestment Act
Definitions of CRA Ratings
Second District Member Banks
Interagency Questions and Answers PDF
Federal Register 64 (84), May 3, 1999; 31 pages / 229 kb
Bank Evaluation
Evaluations are based on lending, investment and service tests; for most banks, the lending test is weighted most heavily in determining the overall rating.
   
 
Bank
Exam Date
Public Date*
Rating
Report
 
 
Adirondack Bank
Aug 22, 2005
Feb 8, 2006
Satisfactory
PDF
12 pages / 272 kb
 
Adirondack Trust Company
Apr 4, 2005
Sep 1, 2005
Outstanding
PDF
24 pages / 317 kb
 
Banco Popular North America
Jan 18, 2005
Sept 1, 2005
Outstanding
PDF
102 pages / 1.58 mb
 
Bank of New York
May 16, 2005
Feb 22, 2006
Satisfactory
PDF
46 pages / 476 kb
 
Great Eastern Bank
Sep 6, 2005
Feb 15, 2006
Satisfactory
PDF
14 pages / 270 kb
 
Interchange Bank
Oct 24, 2005
May 24, 2006
Satisfactory
PDF
21 pages / 513 kb
 
Orange County Trust Company
Sep 6, 2005
Mar 8, 2006
Satisfactory
PDF
14 pages / 206 kb
 
Peapack Gladstone Bank
Oct 31, 2005
Jul 13, 2006
Satisfactory
PDF
23 pages / 599 kb
 
Solvay Bank
Nov 7, 2005
May 31, 2006
Satisfactory
PDF
19 pages / 584 kb
 
*A copy of the public section of the most recent CRA performance evaluation must be placed in a bank's public file within 30 business days after its receipt from the Board of Governors of the Federal Reserve System.

Performance Evaluations Archive
1999 | 1998 | 1997 | 1996 | 1995

   
Additional Resources
Federal Reserve Board:
Community Reinvestment Act Strategic Plan OFFSITE
CRA Performance Ratings OFFSITE
Wholesale and Limited Purpose Designations

Federal Financial Institutions Examination Council: CRA offsite

The Twenty-Fifth Anniversary of the Community Reinvestment Act: Past Accomplishments and Future Regulatory Challenges PDF
Economic Policy Review, June 2003, 23 pages / 209 kb

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