Comerica Bank Achieves 'Outstanding' Rating in Community Reinvestment Act Evaluation by the Federal Reserve Board
DALLAS, Feb. 29, 2024 /PRNewswire/ -- Comerica Bank announced today it received the highest overall rating of "Outstanding" in its 2023 Community Reinvestment Act (CRA) Performance Evaluation by the Federal Reserve Board (FRB). The examination consisted of a review of the bank's 2020, 2021 and 2022 Home Mortgage Disclosure Act (HMDA) and CRA small business lending data, as well as community development loans, investments and services between Jan. 1, 2021, and June 30, 2023. "Comerica Bank is committed to se ...