Community Reinvestment Act (CRA) Public File Information
As a community bank committed to providing access to banking services and loans to all members of our assessment area, we place particular emphasis on our compliance with the Fair Lending Statutes and the Community Reinvestment Act (CRA). We believe that doing so is basic to good business practice and to the Bank’s future vitality.
The objective of this policy is to communicate our commitment to the requirements of the Community Reinvestment Act and to detail the proactive CRA Program in place at FM BANK. By providing our CRA public information online, FM BANK is better able to keep the information current while providing the public with convenient access.
Public Information Available for Inspection
In compliance with the requirements of the Community Reinvestment Act (CRA), the following information must be maintained in the public file, current as of April 1 of each year and may be updated periodically.
CRA Performance Evaluation
A copy of the bank’s most recent CRA Performance Evaluation.
Open and Closed Branches
Branches opened or closed by the bank during the current year and each of the prior two calendar years.
- Wheaton – Opened 3/31/2023
- Waseca – Opened 9/1/2023
- Locations and ATM’s
Fee Schedule
Fee schedules for retail and commercial banking products.
Assessment Areas
Maps of each assessment area showing the boundaries and income of the area and identifying the geographies contained within the area.
Loan to Deposit Ratio
CRA List of Services/Statement
