About 228 loan
About 228 loan
Blog Article
The Condition Community Improvement Financing Benchmark steps the dollar quantity of Group enhancement loans and Neighborhood development investments that reward or provide all or Section of a State for all significant depository institutions in comparison with deposits situated in the Point out for all substantial depository establishments, calculated pursuant to paragraph II.e of appendix B to this part.
The Board evaluates a bank's branch availability and solutions in a very facility-centered assessment spot according to the next:
The Board costs the effectiveness of an intermediate lender evaluated under this part as presented in appendix D to this part.
The Board may well look at a bank's community advancement loans, community progress investments, and community advancement companies furnished outside of its facility-dependent assessment parts, as provided With this component.
A bank issue to information reporting specifications pursuant to § 228.42 must incorporate in its general public file a composed observe which the CRA Disclosure Assertion pertaining towards the financial institution, its operations subsidiaries, and its other affiliates, if applicable, may very well be received to the FFIEC's website at:
For every key products line, a Geographic Community Benchmark, calculated pursuant to paragraph III.c of appendix A to this aspect for facility-based evaluation areas and retail lending assessment regions, and paragraph III.e of appendix A to this aspect for get more info outdoor retail lending parts.
(B) The success on the bank's devices for delivering retail banking expert services and The provision and responsiveness in the lender's retail banking goods, pursuant to § 228.23, as applicable;
(one) Revitalization or stabilization, crucial Local community services, critical Group infrastructure, and disaster preparedness and temperature resiliency pursuits in Native Land Areas are actions particularly targeted to and done in Indigenous Land Spots.
In assigning Retail Lending Examination conclusions to get a Point out pursuant to § 228.22(h), the Board doesn't take into account a lender's functions to get within the Condition if Individuals activities happen in a very retail lending evaluation area consisting of counties in multiple Condition.
The Board weights the lender's effectiveness score for that overall performance assessments relevant to a considerable bank as follows:
The Board evaluates a financial institution's remote service facility availability within a facility-based mostly assessment location according to the following:
A significant bank must collect and report back to the Board on a yearly basis by April 1 a summary of Each individual retail lending evaluation place demonstrating the States, MSAs, and counties within the retail lending assessment location for your prior calendar yr.
(B) A significant lender may well modify the Retail Companies and Goods Exam by eliminating a ingredient in the exam.
A financial institution needed to report home house loan loan facts pursuant to twelve CFR section 1003 have to include in its public file a prepared detect which the financial institution's HMDA Disclosure Assertion could possibly be obtained on The patron Economic Safety Bureau's (CFPB's) Internet site at: