A Secret Weapon For 228 loan
A Secret Weapon For 228 loan
Blog Article
The Board might regulate a small bank score from “Satisfactory” to “Excellent” with the institution degree wherever the lender requests and gets supplemental consideration for actions that will qualify pursuant to your Retail Companies and Merchandise Test in § 228.
(two) A retail lending evaluation spot might not extend past a State boundary unless the retail lending evaluation spot is made up of counties within a multistate MSA.
The Board will choose these responses into account in reference to the financial institution's upcoming scheduled CRA assessment.
The Board may contemplate a financial institution's Neighborhood progress loans, Group development investments, and community advancement expert services furnished beyond its facility-dependent evaluation regions, as offered With this component.
If a bank recognized annual measurable targets and would not meet up with a number of of its satisfactory goals, the Board will take into account the next components to determine the effect on a bank's CRA overall performance analysis:
A lender matter to details reporting demands pursuant to § 228.forty two need to include in its public file a prepared notice the CRA Disclosure Statement pertaining to your lender, its operations subsidiaries, and its other affiliates, if applicable, could be received to the FFIEC's website at:
The CRA and this part never demand a lender to originate or order loans or investments or to provide expert services that happen to be inconsistent with Protected and sound banking tactics, like underwriting requirements.
) Advantages or serves one or more geographic parts with very low amounts of community improvement financing;
(iv) The Local community growth providers wants of its facility-based evaluation locations served by the lender which might be coated by the prepare.
) of the portion, a financial institution may well provide distinctive weights for averaging here alongside one another the functionality throughout these loan goods and should consist of All those loan products and solutions in the numerator on the Financial institution Quantity Metric.
다양한 이웃과 소식을 만나보세요. 지금 시작해볼까요? 블로그 아이디 만들기 블로그 아이디 만들기 레이어 닫기
A significant lender must collect and sustain, within a format in the bank's picking or within a standardized format, as provided by the Board, until the completion of the lender's future CRA assessment through which the information are evaluated, the following Group progress expert services knowledge:
For every significant product line, a Borrower Local community Benchmark, calculated pursuant to paragraph IV.c of appendix A to this component for facility-centered assessment parts and retail lending assessment places, and paragraph IV.e of appendix A to this part for out of doors retail lending areas.
작성하신 게시글에 사용이 제한된 문구가 포함되어 일시적으로 등록이 제한됩니다.