This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Morgan Stanley Bank, N.A. Receives Highest Rating From Office Of The Comptroller Of The Currency For Community Reinvestment Initiatives

Morgan Stanley Bank, N.A., a national bank subsidiary of Morgan Stanley (NYSE:MS), has been recognized with the highest rating from the Office of the Comptroller of the Currency (OCC) for its work to meet the credit needs of the communities it serves. The Bank has received a mark of “Outstanding” as part of the OCC’s review of community reinvestment activities.

The OCC assessment highlighted several initiatives that were particularly responsive to emerging needs. These included a $100 million fund focused on integrated housing and healthcare services; an affordable housing complex for at-risk families, youth and individuals; and the provision of critical capital to a national organization dedicated to multifamily housing finance.

“We are committed to making investments in communities across the U.S. that support economic growth and address the needs of underserved individuals and families,” said Audrey Choi, Head of Global Sustainable Finance at Morgan Stanley. “We are continually looking for ways to deliver impact in innovative, targeted ways.”

The OCC highlighted several significant initiatives, including:
  • Healthy Futures Fund . In partnership with The Kresge Foundation and the Local Initiatives Support Corporation (LISC), Morgan Stanley helped launch this first-of-its-kind, $100 million fund in 2012 to expand access to both health care and affordable housing, and to fund critical social services that help link the two.
  • Bud Bailey Apartments. Morgan Stanley helped finance the construction of this 136-unit affordable housing development in Salt Lake City, Utah. The development was specifically conceived to accommodate youth aging out of foster care, formerly homeless individuals, and refugee families and was named “Urban Project of the Year” by the Utah Housing Coalition.
  • Community Housing Capital (CHC). Morgan Stanley provided much-needed capital to CHC, a national community development financial institution that has financed nearly 12,000 units of affordable housing. As a lead investor in CHC, Morgan Stanley continues to provide innovative leadership in helping CHC source new capital.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 43 countries. For further information about Morgan Stanley, please visit

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs