| Downey Savings and Loan Association, F.A. (Downey
Savings) is committed to helping meet the credit needs of low-
and moderate-income geographies and individuals, consistent
with the intent of the Community Reinvestment Act (CRA). This
is evidenced by our overall “Satisfactory” CRA Rating from the CRA
Performance Evaluation, received from the Office of Thrift
Supervision on October 20, 2005. Downey Savings’ CRA
performance rating was based on the Lending, Service and Investment
tests, and Downey Savings received a “High Satisfactory” rating
in both the Lending and Service tests. |
- Provide affordable housing to low- and moderate-income
individuals;
- Promote community development in low- and moderate-income
areas for low- and moderate-income individuals, such as
youth programs, homeless centers, soup kitchens, health
care facilities, domestic abuse shelters, or substance
abuse rehabilitation centers;
- Serve low- and moderate-income housing or other community
development needs, such as credit counseling, home ownership,
home maintenance, and other financial services education;
or
- Involve activities that stabilize or revitalize low-
and moderate-income geographies.
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