228 loan - An Overview
228 loan - An Overview
Blog Article
The Board may possibly take into consideration a bank's community growth loans, community advancement investments, and Local community growth services presented beyond its facility-dependent assessment areas, as furnished During this portion.
(7) Details indicating the credit history requirements of the power-based mostly assessment place or retail lending assessment place usually are not becoming fulfilled by lenders while in the mixture, this sort of which the related benchmarks never adequately replicate community credit score requires.
) of this part, a lender may offer distinctive weights for averaging with each other the efficiency across these loan items and should involve Individuals loan products and solutions within the numerator from the Lender Quantity Metric.
The Confined Goal Financial institution Local community Enhancement Funding Metric steps the greenback quantity of a bank's Local community progress loans and Local community progress investments that gain or serve all or Section of the nationwide spot compared to the lender's assets calculated pursuant to paragraph III.a of appendix B to this section.
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Affiliated depository establishments supervised by the identical Federal financial supervisory company may prepare a joint plan, supplied that the plan consists of, for every financial institution, the applicable functionality tests that will apply in the absence of the authorised approach.
The Board evaluates a little lender's record of helping to meet the credit needs of its entire Group pursuant to your Small Lender Lending Examination as presented in paragraph (a)(2) of this part, Until the little financial institution opts being evaluated pursuant on the Retail Lending Exam in § 228.22.
The Financial institution Nationwide Local community Growth Financing Metric actions the greenback volume in the lender's Neighborhood development loans and Local community advancement investments that benefit or provide all or A part of the nationwide space in comparison with deposits inside the lender located in the nationwide location, calculated pursuant to paragraph II.j of appendix B to this section.
The Board employs the facility-primarily based evaluation parts delineated by a bank in its analysis from the lender's CRA efficiency Unless of course the Board determines that the ability-primarily based evaluation places do not adjust to the requirements of the part.
Pursuant to § 228.28 and paragraph f of appendix D to this component, the Board incorporates the conclusions of the lender evaluated less than an accredited prepare into its Condition or multistate MSA scores, as relevant, and its establishment score, accounting for paragraph g.2 of appendix D to this element, as applicable.
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The Board critiques the effects and responsiveness with the bank's Local community advancement loans and Group enhancement investments that gain or serve a Condition, as provided in § 228.15.
For every important product line, a Borrower Neighborhood Benchmark, calculated pursuant to paragraph IV.c of appendix A to this element for facility-dependent evaluation areas and retail lending assessment locations, and paragraph click here IV.e of appendix A to this element for outside retail lending places.
(three) The amount of lenders whose house home loan loans, multifamily loans, compact small business loans, and modest farm loans and deposits data are applied to establish the relevant Retail Lending Volume Threshold, geographic distribution current market benchmarks, and borrower distribution industry benchmarks;