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FDIC assigns 3 banks 'needs to improve' rating on CRA compliance

The FDIC gave Bellaire, Ohio-based Belmont Savings Bank; Baltimore-based Saint Casimir's Savings Bank; and India-based Bank of Baroda's operations in New York "needs to improve" ratings for compliance with the Community Reinvestment Act, according to the regulator's CRA compliance list released March 3.

Meanwhile, two banks bagged an "outstanding" rating: Pleasant Hill, Ill.-based Central State Bank and Kansas City, Mo.-based Central Bank of Kansas City.

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