Community Reinvestment Act
Peoples State Bank is committed to meeting the requirements of the Community Reinvestment Act (CRA). The CRA is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate. The CRA requires that each deposit institution’s record in helping meet the credit needs of its entire community be evaluated periodically. CRA evaluations for Peoples State Bank are conducted by the Board of Governors of the Federal Reserve System, the federal agency responsible for supervising the bank. The list below is required to be made available to the public and is current as of April 1st of each year.
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CRA Performance Evaluation Public Disclosure
CRA Performance Evaluation Public Disclosure
Peoples State Bank Locations and Hours
Branch Geographies
Branches Opened and Closed
Products and Services
Loan-to-Deposit Ratio History
Peoples State Bank CRA Assessment Areas
Minnesota – Wabasha and Olmsted Counties
Minnesota – Winona County tract codes
Home Mortgage Disclosure Act (HMDA) Notice
The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. These data are available online at the Consumer Financial Protection Bureau’s website (www.consumerfinance.gov/hmda). HMDA data for many other financial institutions are also available at this website.
Written Comments and Responses to Comments
Currently none
Submitting Written Comments
At least 30 days before the beginning of each quarter, the Federal Reserve System publishes a list of the banks that are scheduled for CRA examination in that quarter. This list is available from:
Community Reinvestment Office
Federal Reserve Bank of Minneapolis
90 Hennepin Ave
Minneapolis, MN 55480
You may send written comments about our performance in helping meet community needs to:
Your letter, together with any response from us, will be considered by the FRB in evaluating our CRA performance and may be made public.
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