Boston Private Bank and Trust Mortgage Rates
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DRAFT Bofa CRA PE
PUBLIC DISCLOSURE September 21, 2020 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Salem Five Cents Savings Bank Certificate Number: 23296 210 Essex Street Salem, Massachusetts 01970 Division of Banks Federal Deposit Insurance Corporation 1000 Washington Street, 10th Floor 350 Fifth Avenue, Suite 1200 Boston, Massachusetts 02118 New York, New York 10118 This document is an evaluation of this institution’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operation of the institution. This evaluation is not, nor should it be construed as, an assessment of the financial condition of this institution. The rating assigned to this institution does not represent an analysis, conclusion, or opinion of the Division of Banks or the Federal Deposit Insurance Corporation concerning the safety and soundness of this financial institution. TABLE OF CONTENTS Institution Rating Overall Rating ......................................................................................................................1 Performance Test Ratings Table .........................................................................................1 Summary of Major Factors Supporting Rating ....................................................................1 Institution Scope of Evaluation .............................................................................................................3 Description of Institution .....................................................................................................5