The $2.9 billion-asset company disclosed in a regulatory filing
Friday that the notice, received on March 16, covers the period from Feb. 12,
2018, to March 29, 2021.
The filing provided no other details about the rating.
“We are
proud of our efforts to serve the banking and lending needs of the communities
we serve and do not believe this CRA rating reflects the positive impact we had
on families and businesses across our markets during the review period,” Art
Seaver, the company’s CEO, said in the filing.
“Southern
First has already made significant headway in the market identified by our
regulator and remains committed to serving each of our communities now and in
the future,” he added.
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