(ii) If a sizable lender is not required to delineate a retail lending assessment area Earlier recognized within the plan because of not Conference the necessary retail lending evaluation region thresholds pursuant to § 228.
) A lender may possibly use substitute weights for combining the borrower and geographic distribution analyses for big solution line(s) or other loan goods.
Percentage of overall range of non-farm organizations in reduced- and moderate-earnings census tracts while in the relevant Retail Lending Test Place which might be in reasonable-profits census tracts.
A significant bank that experienced assets better than $ten billion as of December 31 in the two of the prior two calendar several years ought to accumulate and manage yearly, in Digital type, as prescribed because of the Board, until finally the completion with the lender's next CRA examination in which the info are evaluated, the greenback number of its deposits on the county level according to deposit area.
(v) To acquire ownership or control of shares or all or significantly most of the property of the discounts association, to cause a cost savings Affiliation to be a subsidiary of a price savings and loan Keeping firm, or to merge or consolidate a financial savings and loan holding corporation with any other savings and loan holding firm in a transaction that needs acceptance underneath part ten of the house Owners' Loan Act (twelve U.S.C. 1467a).
has the exact same meaning as that term is outlined with the Director on the Business of Administration and Finances.
The Nationwide Community Progress Funding Benchmark actions the dollar quantity of Group improvement loans and Local community growth investments that gain or provide all or A part of the nationwide region for all huge more info depository establishments compared to the deposits located in the nationwide space for all large depository institutions, calculated pursuant to paragraph II.k of appendix B to this element.
two. Summing, through the years from the evaluation interval, the once-a-year amount of noted loans in the foremost product or service line in the power-based mostly assessment spot or retail lending assessment space originated by all lenders.
(B) The Board evaluates the tiny lender with the analysis interval preceding the lender's upcoming CRA examination pursuant to the Retail Lending Take a look at in § 228.22 and carries on evaluations under this general performance examination for subsequent analysis durations right until the bank opts out.
The Board publishes on its community Web-site, at the least thirty times in advance of the beginning of each calendar quarter, a list of financial institutions scheduled for CRA examinations for another two quarters.
A lender must make accessible to the public for inspection, on request and for gratis, the knowledge required Within this section as follows:
(ii) The Board considers an intermediate financial institution's Neighborhood growth loans, Group enhancement investments, and Group development services with out regard to whether the activity is created in one or more from the bank's facility-based evaluation parts. The extent in the Board's thought of community development loans, Group progress investments, and Local community advancement products and services outside of the financial institution's facility-centered evaluation places will depend on the adequacy on the financial institution's responsiveness to Neighborhood growth needs and opportunities within the lender's facility-primarily based evaluation parts and applicable overall performance context information and facts.
(2) A house mortgage loan loan or perhaps a multifamily loan is situated inside the census tract where the house securing the loan is situated; and
(B) The Nationwide Group Enhancement Investment Benchmark steps the dollar quantity of Neighborhood development investments that profit or serve all or A part of the nationwide space, excluding home finance loan-backed securities, of all massive depository establishments that experienced property greater than $10 billion as of December 31 in both with the prior two calendar a long time in comparison to deposits situated in the nationwide location for people depository institutions, calculated pursuant to paragraph II.n of appendix B to this aspect.