| First
National Bank of LaGrange
Earns Highest Rating for Community
Reinvestment
First National Bank of LaGrange earned a rating of Outstanding during
the most recent public evaluation of the Bank's compliance with
the Community Reinvestment Act (CRA). The public evaluation, conducted
in July by the Office of the Comptroller of the Currency (OCC),
a department of the U.S. Treasury, assessed the Bank's record of
meeting the credit needs of its local communities, including the
needs of low- and moderate-income residents.
The major factors that supported First National Bank of LaGrange's
overall Outstanding rating included the Bank's record of extending
credit to individuals of different income levels and its participation
in community development efforts in the form of loans, investments
and other services. John J. Madden, president of First National
Bank of LaGrange, noted that "A bank's record of complying
with the Community Reinvestment Act reflects its commitment to the
local community. As the only locally owned and managed bank in LaGrange,
we place a high priority on reinvesting local deposits in the communities
we serve. The Outstanding rating from the bank regulators validates
our efforts, which have contributed to improvements in the community."
The Public Disclosure of the First National Bank of LaGrange Community
Reinvestment Act Performance Evaluation is available upon request
through the Bank's main office at 620 West Burlington Avenue in
LaGrange, at its Western Springs office at 1013 Burlington Avenue
in Western Springs. It is also available through the OCC website
at www.occ.treas.gov. |