Evergreen Bank Group, a subsidiary of Bancorp Financial Inc., received an overall rating of “substantial noncompliance,” the lowest of four grades from the Federal Deposit Insurance Corp. on the bank’s compliance with the federal Community Reinvestment Act.

The law, enacted in 1977, requires banks to invest in the communities where they operate.

“The bank has a substantially deficient record of helping to meet the credit needs of its assessment area, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities,” the FDIC said in a 20-page report released March 1. The regulator criticized the bank for focusing too much of its lending outside its Chicago market.

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