228 loan - An Overview
228 loan - An Overview
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(four) Any other evidence demonstrating which the bank's Group improvement services are attentive to community progress requirements, like the amount of very low- and moderate-profits people that happen to be individuals, or range of organizations served; and
(E) The financial institution fails to deliver info requested through the Board which is necessary for the Board to make an knowledgeable selection.
Other than as usually furnished In this particular section, a lender must be certain that its community file consists of the knowledge demanded by this segment for every of the preceding 3 calendar many years, with The newest calendar 12 months included in its file on a yearly basis by April one of the current calendar year.
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) A list of the geographic areas served from the Group development loan or Local community enhancement expenditure, specifying any county, Point out, multistate MSA, or nationwide area served; and
(i) A financial institution may perhaps include functionality evaluation factors and accompanying once-a-year measurable objectives for additional geographic regions but may well not eradicate the evaluation of its effectiveness in any geographic spot more info that would be A part of its functionality analysis from the absence of the permitted plan.
indicates a bank's loans in a single of the next, independent categories in a specific Retail Lending Exam Space:
The Board critiques the impression and responsiveness on the lender's Local community growth loans and Group advancement investments that profit or provide the nationwide space, as provided in § 228.15.
indicates a lender, excluding a lender specified being a minimal intent financial institution pursuant to § 228.26, that experienced assets of at the very least $2 billion as of December 31 in both equally of your prior two calendar yrs. The Board adjusts and publishes the determine During this definition each year, according to the calendar year-to-12 months adjust in the normal of The buyer Selling price Index for City Wage Earners and Clerical Staff, not seasonally adjusted, for each 12-month time period ending in November, with rounding to the closest million.
The Board weights the financial institution's overall performance score for the performance tests applicable to a substantial bank as follows:
The Board evaluates the file of the intermediate bank, or a little lender that opts to get evaluated under the Retail Lending Test, of assisting to meet up with the credit history demands of its overall Group in its outside retail lending location pursuant to § 228.22, for a specific calendar calendar year, if:
The Board evaluates a constrained intent financial institution's Group growth financing efficiency inside a facility-based assessment spot and assigns a conclusion in the ability-dependent assessment place based upon the Board's:
네이버가 없었다면, 오늘날 우리는 정보를 얻고 소통하는 데 있어 엄청난 불편함을 겪었을 것입니다.
A bank needed to report residence house loan loan data pursuant to 12 CFR section 1003 need to incorporate in its public file a prepared notice that the bank's HMDA Disclosure Statement could possibly be attained on the Consumer Monetary Safety Bureau's (CFPB's) Web site at: