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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 Trust Company
473 Broadway
Saratoga Springs, NY 12866
Feb 1, 1999
Jul 14, 1999
Outstanding
PDF
33 pages / 96 kb
 
Bank of New York
One Wall Street
New York, NY 10015
Apr 5, 1999
Jan 5, 2000
Satisfactory
PDF
57 pages / 160 kb
 
BPD International Bank
152 West 57th Street
New York, NY 10019
Sep 13, 1999
Apr 6, 2000
Outstanding
PDF
14 pages / 33 kb
 
The Chase Manhattan Bank
270 Park Avenue
New York, NY 10017-2070
Jul 6, 1999
Feb 17, 2000
Outstanding
PDF
121 pages / 353 kb
 
The Greenwich Bank and Trust Company
115 East Putnam Avenue
Greenwich, CT 06830
Mar 1, 1999
Jul 22, 1999
Satisfactory
PDF
12 pages / 263 kb
 
Interchange Bank
Park 80 West/Plaza
Two Saddlebrook, NJ 07663
Jun 1, 1999
Nov 18, 1999
Satisfactory
PDF
34 pages / 101 kb
 
Morgan Guaranty Trust Company of New York
60 Wall Street
New York, NY 10260-0060
Jan 11, 1999
Jul 8, 1999
Outstanding
PDF
86 pages / 35 kb
 
Peapack Gladstone Bank
158 Route 206 North
PO Box 178
Gladstone, NJ 07934
Nov 1, 1999
Apr 3, 2000
Satisfactory
PDF
91 pages / 33 kb
 
Solvay Bank
1537 Milton Avenue
Solvay, New York 13209
Nov 1, 1999
Apr 3, 2000
Outstanding
PDF
15 pages / 39 kb
 
Summit Bank
301 Carnegie Center
PO Box 2066
Princeton, NJ 08543
Oct 4, 2004
Jun 15, 200
Outstanding
PDF
89 pages / 428 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.
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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