The inclusion of the affiliate's loans, investments, companies, and merchandise in the bank's plan, or inside of a joint system of affiliated depository institutions, is matter to the following:
(2) The dispersion of the financial institution's shut-finish dwelling property finance loan lending, modest business enterprise lending, modest farm lending, or vehicle lending inside of a facility-based assessment location to find out no matter if you will discover gaps in lending that aren't defined by general performance context;
indicates a bank, excluding a bank selected to be a confined intent lender pursuant to § 228.26, that experienced property of at the very least $2 billion as of December 31 in each from the prior two calendar years. The Board adjusts and publishes the determine With this definition on a yearly basis, dependant on the 12 months-to-year change in the standard of The customer Value Index for Urban Wage Earners and Clerical Staff, not seasonally adjusted, for every 12-thirty day period time period ending in November, with rounding to the closest million.
(D) A little financial institution may possibly incorporate a Neighborhood improvement loan or community progress financial investment part and accompanying annual measurable plans in its approach.
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(A) Brings together the functionality scores for each supporting conclusion for each significant product line into a product line score; and
signifies the time period, usually in calendar yrs, through which a financial institution performed the activities which the Board evaluates in the CRA examination, in accordance While using the Board's pointers and techniques.
If a military lender delineates the entire U . s . and its territories as its sole facility-based mostly assessment space pursuant to § 228.16(d), the Board evaluates the lender solely in the establishment degree based on its general performance in its sole facility-based mostly evaluation spot.
(B) For each of a bank's facility-based mostly evaluation regions within a nonmetropolitan space, the Nonmetropolitan Nationwide Local community Enhancement Funding Benchmark actions the greenback quantity of Local community development loans and Local community enhancement investments that gain website or serve nonmetropolitan regions while in the nationwide spot for all big depository institutions compared to deposits situated in nonmetropolitan places from the nationwide space for all significant depository institutions.
For auto loans, the Board compares a lender's geographic and borrower distributions towards the applicable Neighborhood benchmarks, as offered in paragraph (file) of this part and part VI of appendix A to this section.
The Board assigns a conclusion for the overall performance of an intermediate lender evaluated pursuant to this portion as delivered in appendices C and E to this section. In assigning conclusions for an intermediate lender, the Board may perhaps take into consideration general performance context information and facts as furnished in § 228.21(d).
signifies a loan, together with a legally binding dedication to increase credit history, such as a standby letter of credit, that supports Neighborhood advancement, as described in § 228.13. A Local community enhancement loan doesn't incorporate any dwelling home loan loan deemed beneath the Retail Lending Take a look at in § 228.
The Board considers the loans, investment decision, solutions, and products and solutions of a financial institution's functions subsidiaries below this part, unless an operations subsidiary is independently issue for the CRA.
signifies deposits in domestic places of work of people, partnerships, and organizations, and of economic banks along with other depository institutions in The us as defined in Timetable RC-E of the Call Report; deposits will not incorporate U.