Not known Details About 228 loan
Not known Details About 228 loan
Blog Article
질문과 답변을 제공하는 서비스입니다. 궁금한 점이 있다면 지식인에서 검색해 보세요.
The Board considers Group development loans and Group enhancement investments allocated pursuant to paragraph I.b of appendix B to this portion.
The Nationwide Neighborhood Progress Financing Benchmark steps the greenback quantity of Neighborhood growth loans and Group enhancement investments that gain or provide all or Component of the nationwide place for all large depository establishments when compared to the deposits located in the nationwide location for all big depository institutions, calculated pursuant to paragraph II.k of appendix B to this element.
(B) The Board evaluates the compact financial institution for your evaluation period previous the bank's up coming CRA evaluation pursuant towards the Retail Lending Check in § 228.22 and carries on evaluations under this performance exam for subsequent analysis durations right until the lender opts out.
The Board might approve a strategy following thinking of the criteria in paragraph (h)(three) of this portion and when it determines that the lender has offered suitable justification for that prepare and every element of the plan as expected in paragraph (d) of this segment.
(ii) If a considerable financial institution just isn't subject matter to reporting beneath twelve CFR component 1003 due to The situation of its branches, but would if not meet the Home Home loan Disclosure Act (HMDA) size and lending exercise prerequisites pursuant to twelve CFR component 1003, the financial institution have to acquire and sustain, in electronic variety, as prescribed via the Board, until eventually the completion with the financial institution's up coming CRA assessment through which the information are evaluated, the following details, for each closed-finish dwelling mortgage loan, excluding multifamily loans, originated or procured over the analysis period of time:
The Board's consideration on the department distribution metrics is educated by the subsequent benchmarks:
) Benefits or serves one or more geographic parts with low levels of Group growth financing;
The Board seeks to act on a draft approach in ninety calendar times following the Board gets the entire draft strategy and other materials necessary pursuant to paragraph (file) of this section.
) The selection of retail banking services and retail banking merchandise available by means of electronic shipping and delivery programs and other delivery methods; and
(A) A replica of the public area of your lender's newest CRA efficiency analysis and a summary of providers provided by the department; and
Other than as normally offered With this part, a financial institution have to be sure that its community file is made up of the data demanded by this portion for each in the prior a few calendar yrs, with the most recent calendar year A part of its file each year by April 1 of the current calendar year.
A bank ought to preserve a community file, in possibly paper or electronic structure, that features the following details:
(ii) If your Board, the FDIC, and the OCC ascertain that a loan or financial commitment is no longer eligible for Local community development consideration, the proprietor of your loan or expenditure at some get more info time of the willpower will continue on to acquire community improvement thought to the remaining phrase or period of the loan or financial commitment.