Community Reinvestment Act Statement

Kalamazoo County State Bank is committed to serving the credit needs of the communities in which we do business. It is our policy to try to respond to all creditworthy segments of our market. We believe that doing so is basic to good business practice and to the bank's own long-term viability.

In pursuing this commitment, we will assure that we comply with the letter and spirit of the Community Reinvestment Act (CRA). We recognize that this will require us to take a proactive rather than passive approach to determining and meeting community needs, including those of creditworthy low and moderate income areas and individuals.

We make an active effort to know the people in local organizations concerned with community development and the needs of low and moderate income people. Further, we will supplement these regular channels at any time that we receive an indication that a community group has a concern about or request of our bank. Our policy is to agree to any reasonable request to meet with such organizations at a time and place convenient to that requesting organization. We will also endeavor to make a representative of senior management available whenever requested by a group that appears to represent a legitimate segment of our community. Our stance will to be as open, accessible, and flexible as possible.

Kalamazoo County State Bank further believes that service to the communities in which its banks are located does not end with the lending function. Bank staff are members of civic organizations, board members of local businesses, and are active in school and community functions. Through these affiliations, and along with our informal officer call program, we strive to keep informed of the financial needs of the community. We encourage customer suggestions by circulating questionnaires periodically and also compile quarterly reports of CRA activity, which are available to the public at their request. 

ASSESSMENT AREA

The primary assessment area of Kalamazoo County State Bank is generally described as bordering on the north by I-94, on the south by Three Rivers,  on the east by Climax, Scotts and Fulton, and on the west by Paw Paw, Lawton and Marcellus. View Trade Area Map.

TYPES OF LOANS AVAILABLE

The bank's availability of funds in specific areas of lending, creditworthiness, collateral, and purpose are some of the considerations in granting loan approval. Applications are accepted and reviewed by the Loan Committee and the Board of Directors. For a complete listing of types of loans available at Kalamazoo County State Bank, please refer to the Personal Loan Center for TYPES OF CREDIT OFFERED.

COMMUNITY REINVESTMENT ACT NOTICE

Under the Federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The FDIC also takes this record into account when deciding on certain applications submitted by us.

Your involvement is encouraged.

You are entitled to certain information about our operations and our performance under the CRA, including, for example, information about our branches, such as their location and services provided at them; the public section of our most recent CRA Performance Evaluation, prepared by the Federal Deposit Insurance Corporation, 500 West Monroe Street, Suite 3300, Chicago, Illinois 60661; and comments received from the public relating to our performance in helping to meet community credit needs, as well as our responses to those comments. You may review this information today.

At least 30 days before the beginning of each quarter, the FDIC publishes a list of the banks that are scheduled for CRA examination by the FDIC in that quarter. This list is available from the Community Reinvestment Officer, Federal Deposit Insurance Corporation, 500 West Monroe Street, Suite 3300, Chicago, Illinois 60661. You may send written comments about our performance in helping to meet community credit needs to Pam Shaffer at Kalamazoo County State Bank, P.O. Box 668, Schoolcraft, MI 49087 and FDIC Regional Manager, Federal Deposit Insurance Corporation, 500 West Monroe Street, Suite 3300, Chicago, Illinois 60661. Your letter, together with any response by us, will be considered in evaluating our CRA performance and may be made public.

You may ask to look at any comments received by the FDIC regarding Kalamazoo County State Bank's performance in meeting the credit needs of the Communities We Serve.

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At Kalamazoo County State Bank, your business is very important to us and we do our best to meet your changing banking needs. If at any time we can help you further, please contact us.

Thank You For Banking With Us