Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
CRA ratings released by OCC
The OCC has released ratings for 27 national banks and federal savings associations recently evaluated for compliance with the Community Reinvestment Act (CRA). Seven institutions were rated outstanding, nineteen satisfactory, and one needs to improve.