Morgan Stanley Bank, N.A. Receives Outstanding Rating for Community Reinvestment Initiatives
Rating given by the Office of the Comptroller of the Currency
Morgan Stanley Bank, N.A1., a national bank subsidiary of Morgan Stanley (NYSE: MS), has been recognized with the highest rating from the Office of the Comptroller of the Currency (OCC) for its work meeting the credit needs of the communities it serves. The Firm received its tenth consecutive “Outstanding” rating for its combined community reinvestment activities across both of its banks.
The publicly available evaluation report from the OCC notes the excellent level of community development activity that contributed to the “Outstanding” rating, including a total of $5.5 billion in community development loans and investments that supported affordable housing, community services and small businesses.
“We are proud to receive an 'Outstanding' rating from the OCC for the tenth consecutive time across both banks, reflecting our continued commitment to community reinvestment,” said John Ryan, Head of U.S. Banks, Morgan Stanley. "Our efforts remain focused on affordable housing, economic development and community services, which are critical priorities in the communities we serve.”
