In assigning Retail Lending Examination conclusions for the State pursuant to § 228.22(h), the Board isn't going to contemplate a bank's actions to generally be within the Condition if These routines happen in a retail lending assessment spot consisting of counties in more than one Condition.
(5) A summary of retail banking products and services (which include several hours of operation, offered loan and deposit solutions, and transaction fees) normally available with the lender's branches and descriptions of material variances in The provision or price of solutions at certain branches, if any.
(one) Thing to consider from the dollar volume with the restricted reason lender's Neighborhood enhancement loans and community growth investments that profit or serve the ability-centered assessment space; and
The Board evaluates a restricted purpose lender's Group growth financing efficiency in Each and every Point out or multistate MSA, as applicable pursuant to §§ 228.
The Board considers the weighted normal from the general performance scores akin to the lender's Neighborhood Enhancement Funding Examination conclusions for its facility-primarily based evaluation locations inside the multistate MSA, calculated pursuant to portion IV of appendix B to this aspect.
The Board considers the use of the lender's deposit merchandise conscious of the demands of small- and moderate-money people, people, or households according to the following information and facts:
(three) Should the lender revised the initial draft plan in response to the general public input obtained, the Original draft system as produced for community comment with an explanation in the appropriate improvements; and
(ii) The retail banking expert services and retail banking items requires of its facility-based evaluation places and within the institution level which might be coated via the strategy.
The CRA and this aspect tend not to demand a bank to originate or buy loans or investments or to deliver providers which might be inconsistent with Risk-free and seem banking practices, together with underwriting criteria.
The Board publishes on its general public Web-site, at the website very least 30 times in advance of the start of each and every calendar quarter, an index of banking institutions scheduled for CRA examinations for the following two quarters.
A lender ought to make available to the general public for inspection, upon ask for and for free of charge, the data essential On this section as follows:
(A) A financial institution may well specify once-a-year measurable plans for Neighborhood development loans, community improvement investments, or each. The bank must foundation any yearly measurable ambitions as a proportion or ratio on the lender's Group improvement loans and Group enhancement investments for all or sure different types of Local community growth described in § 228.
i. A Local community improvement loan or Group development investment decision that benefits or serves only one county, and never any places over and above that just one county, might have the full greenback number of the activity allotted to that county.
A lender must delineate one or more facility-based evaluation regions in which the Board evaluates the bank's history of assisting to satisfy the credit score wants of its complete Neighborhood pursuant for the functionality assessments and strategic approach described in § 228.21.