Under the federal Community Reinvestment Act (CRA), the Commissioner of Banks (Commissioner) or the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The Commissioner and FDIC also takes this record into account when deciding on certain applications submitted by us.
Your involvement is encouraged.
You are entitled to certain information about our operations and our performance under the CRA, including, for example, information about our branches, such as their location and services provided at them; the public section of our most recent CRA Performance Evaluation, prepared by the Commissioner and FDIC; and comments received from the public relating to our performance in helping to meet the credit needs, as well as our responses to those comments. You may review this information today.
At least 30 days before the beginning of each quarter, the Commissioner and FDIC publishes a nationwide list of the banks that are scheduled for CRA examinations for that quarter. That list is available from the DSC Regional Director, Division of Compliance and Consumer Affairs, FDIC, 20 Exchange Place, New York, New York 10005. You may send written comments about our performance in helping to meet community credit needs to:
Dr. Kristin Carvalho, President and CEO
MutualOne Bank
160 Cochituate Road
Framingham, MA 01701
Commissioner of Banks
Commonwealth of Massachusetts
Division of Banks
One Federal Street, Suite 710
Boston, MA 02110-2012
Regional Director
Division of Supervision and Consumer Protection
FDIC New York Regional Office
350 Fifth Avenue, Suite 1200
New York, New York 10118
Your letter, together with any response by us, will be considered by the Commissioner and FDIC in evaluating our CRA performance and may be made public. You may also submit comments electronically through the FDIC’s web site at www.fdic.gov/regulations/cra.
You may also ask to look at any comments received by the FDIC Regional Manager or Commissioner. You may also request from the FDIC Regional Manager or the Commissioner an announcement of our applications covered by the CRA filed with the FDIC and the Commissioner.