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FUNB |
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FUNB received an overall "outstanding" rating from the OCC for its performance under the CRA during the period covered by the FUNB Evaluation. 38) In particular, First Union's lead bank, First Union National Bank, Charlotte, North Carolina ("FUNB"), which now accounts for approximately 91 percent of the total consolidated assets of First Union, received an "outstanding" rating at its most recent CRA performance evaluation by the OCC, as of May 1997 ("1997 FUNB Evaluation"). FUNB currently does not have a servicer rating provided by Fitch. |
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