The Board or its appointed agent, prepares annually, for every MSA or metropolitan division (including an MSA or metropolitan division that crosses a Point out boundary) and the nonmetropolitan part of Just about every Condition, an aggregate disclosure assertion of described tiny small business lending, smaller farm lending, Neighborhood advancement lending, and Neighborhood improvement investments by all depository institutions subject to reporting less than this element or 12 CFR aspect twenty five or 345.
The Board evaluates a lender's branch availability and services inside of a facility-primarily based assessment location dependant on the following:
The Board charges the efficiency of an intermediate lender evaluated below this part as provided in appendix D to this aspect.
The Board makes use of the retail lending evaluation regions delineated by a sizable financial institution in its evaluation of the bank's shut-close residence home loan lending and little small business lending general performance unless the Board determines that the retail lending evaluation areas will not comply with the necessities of the section.
The Board evaluates a bank's Neighborhood growth services functionality inside of a facility-centered evaluation place and assigns a summary for just a facility-based evaluation place, by considering one or more of the following:
(iii) A listing showing each census tract where the financial institution noted a little business loan or a small farm loan;
(two) A replica of the general public part of the lender's most up-to-date CRA effectiveness evaluation geared up via the Board. The lender will have to include this duplicate in the public file within thirty business enterprise times immediately after its receipt within the Board;
The Board reviews the effects and responsiveness on the financial institution's Group advancement loans and Neighborhood improvement investments that benefit or provide the nationwide space, as delivered in § 228.15.
A sizable bank that had property greater than $10 billion as of December 31 in each on the prior two calendar several years will have to gather and maintain each year, in electronic type, as prescribed with the Board, until finally the completion on the financial institution's upcoming CRA examination by which the information are evaluated, the greenback amount of its deposits for the county amount based upon deposit locale.
usually means a shut-stop dwelling mortgage loan or an open up-conclusion household mortgage loan as these terms are described During this section.
For every of the big bank's facility-based evaluation parts, and as applicable, its retail lending assessment spots, the Board publishes over the Board's Web page:
The bank must consist of the created notices in the public file within 3 enterprise days soon after acquiring notification in the FFIEC of the availability in the disclosure statements.
(B) A bank may possibly specify utilizing belongings click here as an alternative denominator for the Group development financing metric if it greater actions a lender's capability.
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