HarborOne, North Easton Savings Bank score well on CRA compliance

PROVIDENCE – Two banks operating in southeastern Massachusetts received positive grades from the Federal Deposit Insurance Corp. during recent evaluations for compliance with the Community Reinvestment Act. The act, passed in 1977, encourages insured banks and thrifts to meet local credit needs, including those of low- and moderate-income neighborhoods. Congress requires disclosure of evaluations and…
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