The Board evaluates a little bank's record of helping to meet the credit requirements of its complete Neighborhood pursuant into the Smaller Financial institution Lending Test as delivered in paragraph (a)(two) of this portion, Except the smaller lender opts to generally be evaluated pursuant into the Retail Lending Check in § 228.22.
(one) Thought of your greenback volume with the constrained objective lender's Group development loans and Neighborhood advancement investments that advantage or provide the power-dependent assessment place; and
suggests, notwithstanding the definition of “modest farm” In this particular area, a loan included in “loans to compact farms” as claimed in Agenda RC-C of the Call Report.
In the event the Board gets a general public remark before the shut date of a lender's CRA evaluation, the public remark might be viewed as in connection with that CRA assessment.
The Board considers the utilization of a lender's deposit products and solutions conscious of the desires of lower- and moderate-money persons, households, or homes depending on the following facts:
The Board may perhaps change a little bank score from “Satisfactory” to “Superb” for the institution degree the place the financial institution requests and receives further thing to consider for the subsequent activities, with out regard to if the activity is in a number of in the bank's facility-based evaluation areas, as applicable:
Opinions or questions on document content can not be answered by OFR workers. Make sure you don't supply private information and facts or own data.
For those who have responses or recommendations on how to Increase the Web-site or have questions on utilizing , you should select the 'Site Comments' button below.
A financial institution or discounts Affiliation's history of efficiency will be the foundation for denying or conditioning approval of an application detailed in paragraph (a) of the section.
In the facility-primarily based evaluation location or outdoors retail lending spot, an item line is An important product line Should the financial institution's loans in that product line comprise fifteen p.c or even more of your financial institution's loans throughout all the financial institution's product traces in the power-primarily based assessment location or outside the house retail lending region, as decided pursuant to paragraph II.b.one of appendix A to this component.
A little lender, or possibly a lender which was a little bank throughout the prior calendar calendar year, should involve in its public file the financial institution's loan-to-deposit ratio for every quarter of your prior calendar yr and, at its possibility, further knowledge on its loan-to-deposit ratio.
(three) The amount of lenders whose residence mortgage loan loans, multifamily loans, little company loans, and small farm loans and deposits details are applied to more info determine the applicable Retail Lending Quantity Threshold, geographic distribution market place benchmarks, and borrower distribution marketplace benchmarks;
(two) A home mortgage loan or perhaps a multifamily loan is situated from the census tract the place the home securing the loan is situated; and
A substantial bank will have to acquire and preserve in Digital type, as prescribed via the Board, until eventually completion in the lender's following CRA examination where the data are evaluated, the subsequent information with regard to retail banking solutions and retail banking solutions provided and supplied by the lender in the course of Each individual calendar yr: