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U.S. Bank Receives “Outstanding” Community Reinvestment Act Rating

January 24, 2023

Via: Yahoo

U.S. Bank announced today that it has received the highest rating, “Outstanding,” for its recent Community Reinvestment Act (CRA) examination from the Office of the Comptroller of the Currency (OCC). The examination period was January 1, 2016, through December 31, 2020. The company also received an “Outstanding” rating on individual CRA tests for Lending and Investment and a “High Satisfactory” rating for Service.

“I am extremely proud of all that our teams have accomplished to help U.S. Bank achieve these ‘Outstanding’ ratings,” said Andy Cecere, chairman, president and chief executive officer of U.S. Bank. “By listening to and learning from community partners, we will continue to help close historic wealth gaps in our country for women, people of color and low-income communities.”

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