The 2-Minute Rule for 228 loan
The 2-Minute Rule for 228 loan
Blog Article
(ii) All of the counties inside the nonmetropolitan place of a Condition (utilizing the MSA boundaries which were in impact as of January 1 with the calendar 12 months during which the delineation applies), excluding:
Picking an item from entire textual content search results will carry you to Individuals effects. Urgent enter in the look for box will also convey you to definitely search engine results. History and a lot more particulars can be found in the Lookup & Navigation manual.
Throughout the expression of the approach, a lender have to submit to the Board for acceptance an Modification to its approach if a cloth improve in conditions:
상세하게 안내해 드리지 못하는 점 양해 부탁 드립니다. 모두가 행복한 인터넷
(D) A lender apart from a big bank may possibly contain retail banking providers or retail banking items ingredient(s) and accompanying once-a-year measurable goals in its plan.
indicates a company, other than a farm, that experienced gross yearly revenues for its preceding fiscal calendar year of $five million or considerably less.
The Nationwide Asset-Dependent Local community Advancement Financing Benchmark measures the greenback volume of Neighborhood development loans and Local community progress investments that reward or serve all or Portion of the nationwide place of all depository establishments that claimed pursuant to § 228.
(ii) Any county within a nonmetropolitan spot where the lender did not originate or order any shut-close home property finance loan loans, smaller business enterprise loans, tiny farm loans, or car loans if auto loans are a product line for that bank.
A sizable bank that experienced assets better than $10 billion as of December 31 in both equally from the prior two calendar several years ought to accumulate and retain annually, in electronic type, as prescribed because of the Board, right until the completion of your bank's next CRA assessment wherein the data are evaluated, the dollar amount of its deposits at the county amount dependant on deposit place.
) of the part, The proportion of responsive deposit accounts in comparison with total deposit accounts for each and every year with the evaluation period.
The Board evaluates the record of the intermediate financial institution, or a small financial institution that opts for being evaluated under the Retail Lending Test, of assisting to meet up with the credit rating wants of its complete community in its exterior retail lending location pursuant to § 228.22, for a specific calendar year, if:
The Board considers the weighted ordinary on the overall performance scores comparable to the bank's Local community Development Expert services Test conclusions for its facility-based mostly evaluation parts inside of a State, multistate MSA, or even the establishment pursuant to portion IV of appendix B to this part.
For car loans, the Board compares a financial institution's geographic and borrower distributions towards the relevant Local community benchmarks, as delivered in paragraph (file) of this part and portion VI of appendix click here A to this aspect.
(x) An indicator for whether the loan was to a business or farm for which gross once-a-year revenues are usually not recognised from the bank.