regulatory
confidence high
sentiment positive
materiality 0.35
TFSL subsidiary receives 'Satisfactory' CRA rating from OCC for 2020-2022 exam period
TFS Financial CORP
- Received 'Satisfactory' rating on CRA exam covering Jan 1, 2020–Dec 31, 2022 from OCC.
- Rating confirms compliance with FHFA Community Support Regulations for access to long-term FHLBank advances.
- Rating supports eligibility for FHLBank community programs and expansion activities like mergers and branch relocations.
- Third Federal Savings assets totaled $17.02B as of March 31, 2024, with 21 Ohio and 16 Florida branches.