CDBA would like to congratulate one of our members, Spring Bank, for receiving a CRA rating of "Outstanding" from the FDIC!

"We're so proud to announce that we've received an 'outstanding' Community Reinvestment Act (CRA) rating from the Federal Deposit Insurance Corporation (FDIC)!

This rating was awarded to only 3 of 60 banks in a recent rating period and measures how well banks perform in meeting their responsibilities under the CRA. Passed in 1977, the CRA requires the FDIC to assess a bank's record of meeting the credit needs of its entire community, including people who live in low- and moderate-income neighborhoods."