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Community Reinvestment Act (CRA) Public File Information
Community Reinvestment Act Public File Information
The federal government established the Community Reinvestment Act (CRA) in 1977 to encourage banks to meet the credit needs of the communities where they do business, including low- and moderate-income neighborhoods. Banks must also make their CRA files available to the general public through their website and update the files to be current as of April 1 of each year.
At Morris Bank, we are committed to meeting the financial needs of our communities, including all low and moderate income and minority areas within our footprint. We are pleased to provide information for public inspection under the Community Reinvestment Act (CRA). By providing this information online, Morris Bank can keep it current with convenient access.
In compliance with CRA requirements, the following information is maintained and current as of April 1st of each year and may be updated periodically.
CRA Performance Evaluation
A copy of the bank’s most recent CRA Performance Evaluation (the full evaluation is contained in the three documents below).
Written Public Comments
All written comments received from the public for the current year and each of the prior two calendar years relating specifically to the banks performance in helping to meet community credit needs and response to the comments by the bank.
Branch and ATM Information
A listing of Morris Bank’s active branches and ATMs, including their street addresses, geographic locations, and hours of operation for each site.
Opened and Closed Branches and ATMs
Branches and ATMs opened or closed by the bank during the current year and each of the prior two calendar years.
Opened and Closed Branches and ATM's
List of Products, Services, and Fees
A list of services (loan and deposit products and fees) generally offered at the bank’s branches and descriptions of cost of services at particular branches, if any.
List of Products, Services, and Fee Schedules
Assessment Area(s)
For Community Reinvestment Act (CRA) purposes, an Assessment Area refers to the geographic region in which a financial institution is evaluated to determine how well it is meeting the credit needs of the communities it serves, particularly low- and moderate-income neighborhoods. The area is typically based on the institution's branch locations, but it may also include surrounding areas where the bank has a substantial portion of its lending activity.
In accordance with the CRA, Morris Bank focuses on providing services and making loans that meet the needs of the entire assessment areas served, ensuring access to credit across different communities. A map of each assessment area showing the boundaries of the area and identifying the geographies contained within the area is available below.
Assessment Area Listing, Maps, and Geographies
Loan to Deposit Ratios
The bank’s loan-to-deposit ratio for each quarter of the prior calendar year.
Home Mortgage Disclosure Act Notice (HDMA):
The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online.
For more information, visit the Consumer Financial Protection Bureau’s website at (www.consumerfinance.gov/hmda).
Morris Bank’s Legal Entity Identifier(LEI); 254900VA7WQ1PZGYI558.
Public Notice
Need assistance? Please visit your local Morris Bank branch for questions or to ask for a copy of the banks CRA Public File.
