Under the Federal Community Reinvestment Act (CRA), 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 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. You may review the public section of our most recent CRA evaluation, prepared by the FDIC, and a list of services provided at our offices. You may also have access to the following additional information, which we will make available to you within five calendar days after you make a request to us: (1) a map showing the assessment area, which is the area in which the FDIC evaluates our CRA performance in this community; (2) information about our branches in our assessment area; (3) a list of services we provide at those locations; (4) data on our lending performance in our assessment area; and (5) copies of all written comments received by us that specifically relate to our CRA performance in our assessment area, and any responses we have made to those comments. If we are operating under an approved strategic plan, you may also have access to a copy of the plan.
At least 30 days before the beginning of each quarter, the FDIC publishes a nationwide list of the banks that are scheduled for CRA examination in that quarter. This list is available from the Regional Director, Division of Supervision and Consumer Protection, FDIC New York Regional Office, 350 Fifth Avenue, Suite 1200, New York, New York 10118. You may send written comments about our performance in helping to meet community credit needs to:
Scott D. Bartlett
Community Reinvestment Officer
BankNewport
Post Office Box 450
Newport, RI 02840
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 FDIC in evaluating our CRA performance and may be made public.
You may ask to look at any comments received by the FDIC Regional Director. You may also request from the FDIC Regional Director an announcement of our applications covered by the CRA filed with the FDIC.