This institution is no longer active

Operations ceased on March 1, 2015. CRA examination history below reflects the period it was active.

SIMPLICITY BANK

COVINA, CA · Supervised by OCC (Office of the Comptroller of the Currency)

Est. 1953FDIC #35,448

Satisfactory

Current rating · Exam: August 2013

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Institution Profile

FDIC BankFind

Address

1359 N. Grand Avenue, COVINA, CA

County

Los Angeles County

Established

November 11, 1953

Total Assets

$863M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

August 5, 2013

Exam Type

Intermediate Small Bank

Regulator

OCC (Office of the Comptroller of the Currency)

What is a CRA rating? →

⚠️This exam is 12 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Download Evaluation Report (PDF)

This is the only examination on record for this bank.

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