1998 Community Reinvestment Act Exams - FEDERAL RESERVE BANK of NEW YORK

Museum & Visits Regional Economy Data & Statistics Careers Blog Press Center

About the New York Fed
- About the New York Fed
- What We Do
- Who We Are
  - Bank Leadership
  - Diversity and Inclusion
- Communities We Serve
- Governance
- More About Us
- At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
  
  Introducing the New York Innovation Center: Delivering a central bank innovation execution
  
  Do you have a request for information and records? Learn how to submit it.
  
  Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
Markets & Policy Implementation

Economic Research
- Economic Research
- U.S. Economy
  - Consumer Expectations & Behavior
  - Growth & Inflation
  - Labor Market
  - Financial Stability
  - Banking
- REGIONAL ECONOMY
- RESEARCHERS
  - PUBLICATIONS
  - RESEARCH CENTERS
  - CALENDAR

Financial Institution Supervision
- Financial Institution Supervision
- Supervision & Regulation
  - Circulars
  - Regulations
- Reporting Forms & Instructions
  - Reporting Forms
  - Correspondence
- Bank Applications
- Consumer Protection
  - Community Reinvestment Act Exams
  - Frauds and Scams
- As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
  
  The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
  
  Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
  
  The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
Financial Services & Infrastructure
- Financial Services & Infrastructure
- Financial Services & Operations
- Financial Market Infrastructure & Reform
- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
  The New York Fed provides a wide range of payment services for financial institutions and the U.S. government.
  
  The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
  
  The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress.
Community Development
& Education

1998 Community Reinvestment Act Exams

Bank evaluations are based on lending, investment and service tests; for most banks, the lending test is weighted most heavily in determining the overall rating.

Return to archive ››

Bank	Exam Date	Public Date*	Rating	Report
Arab American Bank 40 East 52nd Street New York, NY 10022	Apr 13, 1998	Sep 3, 1998	Outstanding	12 pages / 43 kb
Banco Popular de Puerto Rico PO Box 2708 San Juan, PR 00936-2708	Aug 3, 1998	Feb 16, 1999	Outstanding	140 pages / 331 kb
Bankers Trust Company 130 Liberty Street New York, NY 10006	Jun 1, 1998	Nov 16, 1998	Outstanding	26 pages / 62 kb
Chemung Canal Trust Company One Chemung Canal Plaza Elmire, NY 14902	Feb 17, 1998	Jul 30, 1998	Outstanding	35 pages / 80 kb
Community Bank of Bergen County 125 West Pleasant Avenue Maywood, NJ 07607	Jan 12, 1998	Jun 11, 1998	Satisfactory	14 pages / 54 kb
European American Bank One EAB Plaza Uniondale, NY 11555	Mar 2, 1998	Sep 30, 1999	Satisfactory	48 pages / 158 kb
Gotham Bank of New York 1412 Broadway New York, NY 10018	Oct 13, 1998	Apr 29, 1999	Satisfactory	8 pages / 32 kb
HSBC Bank USA One HSBC Center Buffalo, NY 14203	Oct 5, 1998	Jun 3, 1999	Satisfactory	113 pages / 291 kb
IBJ Schroder Bank and Trust Co. One State Street New York, NY 10004	Nov 30, 1998	May 12, 1999	Outstanding	10 pages / 21 kb
Manufacturers and Traders Trust Company One M&T Plaza Buffalo, NY 14240	May 4, 1998	Nov 19, 1998	Outstanding	100 pages / 397 kb
The Merchants Bank of New York 275 Madison Avenue New York, NY 10016	Sep 14, 1998	Apr 14, 1999	Satisfactory	18 pages / 901 kb
Orange County Trust Company 75 North Street Middletown, NY 10940	Sep 8, 1998	Feb 3, 1999	Outstanding	17 pages / 40 kb
Tioga State Bank 1 North Main Street Spencer, NY 14883	Feb 23, 1998	Jul 1, 1998	Satisfactory	15 pages / 64 kb
United States Trust Company of New York 114 West 47th Street New York, NY 10036	May 26, 1998	Nov 16, 1998	Satisfactory	24 pages / 76 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.

By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement.