228 loan - An Overview

(five) A listing of retail banking services (like hours of operation, offered loan and deposit solutions, and transaction service fees) usually offered for the lender's branches and descriptions of fabric distinctions in The supply or cost of solutions at specific branches, if any.

When making use of general performance checks and strategic designs pursuant to paragraph (a) of the segment, and when identifying regardless of whether to approve a strategic plan pursuant to § 228.

네이버 블로그는 개인 블로그부터 기업 블로그까지 다양한 정보를 제공합니다. 관심 있는 분야의 블로그를 구독하면 유용한 정보를 얻을 수 있습니다.

(iii) A listing displaying Just about every census tract wherein the lender claimed a little small business loan or a little farm loan;

The Board evaluates a army lender pursuant on the relevant functionality checks described in paragraph (a) of this portion.

In thinking of CRA efficiency within an software explained in paragraph (a) of this segment, the Board can take under consideration any views expressed by interested functions which have been submitted in accordance With all the Board's Procedures of Method established forth in 12 CFR aspect 262.

The CRA which portion do not demand a lender to originate or order loans or investments or to supply expert services which can be inconsistent with Secure and seem banking methods, together with underwriting expectations.

) Gains or serves a number of geographic areas with minimal levels of Neighborhood progress funding;

To evaluate a lender's retail banking products and services, the Board considers a lender's department availability and expert services furnished at branches, distant support facility availability, and digital supply units as well as other delivery devices, as follows:

The lender ought to submit its draft want to the Board not less than 90 times just before the proposed successful day with the prepare. The bank ought to also submit with its draft approach:

(A) A bank may well specify once-a-year measurable ambitions for Neighborhood progress loans, Local community growth investments, or equally. The bank have to foundation any yearly measurable goals for a proportion or ratio of the financial institution's Group growth loans and Group advancement investments for all or sure forms of community growth explained in § 228.

A big bank need to gather and report to the Board each year by April 1 a summary of Every single retail lending evaluation spot exhibiting the States, MSAs, and counties from the retail lending assessment location for your prior calendar year.

(B) Any counties where the massive lender didn't originate any click here shut-conclusion dwelling mortgage loan loans or modest company loans which can be noted loans in the course of that calendar year.

(ii) If your Board, the FDIC, plus the OCC ascertain that a loan or investment is no more eligible for Local community improvement thought, the operator from the loan or financial investment at time of the dedication will go on to receive Group improvement thought for your remaining term or duration of the loan or financial investment.