Community Reinvestment Act (CRA)
Maine Community Bank is committed to doing all we can for the communities we serve. We approach Community Development optimistically as a force for good, helping to foster healthy communities, sustained economic growth, and increased financial wellness.
We work with both the private and public sectors to identify and address needs, provide flexible and innovative financial options, and provide support through contributions and investment. Our work aligns with the directives of the Community Reinvestment Act (CRA)—providing lending, financial services, and financial investment to those most in need.
Under the CRA, the following information must be maintained in a public file:
- All written comments received for the current year and the prior two calendar years.
- A copy of the Public Evaluation of our most recent CRA Performance Evaluation.
- List of Maine Community Bank’s branch locations including servicing and hours of operation.
- List of Maine Community Bank’s branches opened or closed during the prior two calendar years.
- A list of List of Maine Community Bank’s Products and Services including our Delivery Channels and Service Fee Schedule.
- A map and census tract list of the Maine Community Bank Assessment Area which represents the communities we serve.
- Maine Community Bank’s HMDA Disclosure.
- Maine Community Bank’s quarterly Loan to Deposit Ratios for the prior calendar year.
- Maine Community Bank’s Community Reinvestment Act Notice.
- Maine Community Bank’s Public File Access and Procedure.