5 Simple Statements About 228 loan Explained
5 Simple Statements About 228 loan Explained
Blog Article
. The financial institution ought to include things like the published see in the general public file inside a few company days after receiving notification from the FFIEC of The provision with the disclosure assertion.
(2) A retail lending evaluation spot may well not increase further than a State boundary Until the retail lending assessment space includes counties inside a multistate MSA.
) The amount of checking and cost savings accounts opened digitally and through other delivery units by census tract income amount for each calendar year; and
In Each individual applicable Retail Lending Take a look at Place, the Board evaluates originated and bought loans in Each and every of the following product lines That could be a significant products line, as explained in paragraph (d)(two) of the area:
) An index of the geographic regions served from the Group progress loan or community growth expenditure, specifying any county, Condition, multistate MSA, or nationwide space served; and
In thinking about CRA overall performance within an application explained in paragraph (a) of the section, the Board normally takes into consideration any sights expressed by intrigued parties that are submitted in accordance Along with the Board's Guidelines of Process established forth in 12 CFR portion 262.
이 글에 공감한 블로거 열고 닫기 댓글 쓰기 이 글에 댓글 단 블로거 열고 닫기
(ii) Consistent with paragraph (g) of the portion, a lender's plan may include optional analysis parts or suitable modifications and additions to your efficiency exams that could use while in the absence of an authorized system.
To guage a bank's retail banking solutions, the Board considers a financial institution's branch availability and solutions presented at branches, distant service facility availability, and electronic shipping methods along with other shipping techniques, as follows:
Just about every lender within our network has their particular coverage With regards to late payments. Before you decide to agree to a loan you'll be supplied with the data regarding the implications of constructing late payments.
(A) A bank could specify annual measurable plans for Local community growth loans, Neighborhood growth investments, or equally. The bank will have to foundation any annual measurable plans to be a proportion or ratio of the financial institution's community progress loans and Local community improvement investments for all or sure sorts of Neighborhood enhancement explained in § 228.
) of the portion in precisely the same calendar 12 months, of the Group enhancement loan refinanced or renewed inside a 12 months subsequent towards the yr of origination or obtain, as of December 31 on the calendar 12 months for each and every year that the loan stays to the lender's harmony sheet; or an current Group enhancement expense renewed inside a year subsequent to the calendar year the financial investment was built as of December 31 for each year which the financial commitment stays about the bank's balance sheet.
For every key item line, more info a Borrower Neighborhood Benchmark, calculated pursuant to paragraph IV.c of appendix A to this aspect for facility-primarily based assessment places and retail lending assessment regions, and paragraph IV.e of appendix A to this element for out of doors retail lending parts.
A lender should manage a public file, in possibly paper or electronic format, that features the following data: