228 loan - An Overview
228 loan - An Overview
Blog Article
(A) The Company determines which the bank hasn't furnished satisfactory justification for that strategy and each facet of the plan as essential pursuant to paragraph (d) of the section;
usually means a bank that is not while in the business enterprise of extending shut-end house home finance loan loans, compact company loans, tiny farm loans, or vehicle loans evaluated underneath § 228.
In the expression of the prepare, a financial institution have to submit into the Board for acceptance an Modification to its plan if a fabric alter in instances:
(B) Except as presented in § 228.fifty one(e), a sizable financial institution with a blended full of ten or more facility-primarily based evaluation places and retail lending evaluation places in almost any Point out or multistate MSA, as applicable, or for your institution might not get a rating of “Satisfactory” or “Fantastic” in that Point out or multistate MSA, as relevant, or for the establishment, unless the financial institution gets an General conclusion of no less than “Low Satisfactory” in 60 % or even more of the whole amount of its facility-centered evaluation spots and retail lending evaluation spots in that Point out or multistate MSA, as relevant, or for that institution.
The Board critiques the influence and responsiveness of the lender's Neighborhood advancement loans and community development investments that advantage or serve a facility-based evaluation spot, as furnished in § 228.15.
A lender matter to info reporting requirements pursuant to § 228.forty two need to consist of in its community file a created detect that the CRA Disclosure Statement pertaining on the lender, its functions subsidiaries, and its other affiliates, if relevant, might be received over the FFIEC's Web site at:
(two) A replica of the general public part of your lender's newest CRA performance evaluation prepared from the Board. The bank must include this duplicate in the general public file in 30 enterprise days after its receipt from your Board;
) A lender could use choice weights for combining the borrower and geographic distribution analyses for big solution line(s) or other loan products.
The Lender Evaluation Area Local community Growth Funding Metric actions the dollar volume of a bank's community improvement loans and community improvement investments that advantage or serve a facility-based evaluation area in comparison to deposits inside more info the bank that are located in the power-dependent assessment region, calculated pursuant to paragraph II.a of appendix B to this element.
구글이나 빙 등 다른 검색 엔진을 사용하고 있다면, 검색창에 "네이버"를 입력하고 검색하면 네이버 홈페이지를 바로 찾아볼 수 있습니다.
(B) Within five calendar times from the ask for, all the information that the financial institution is required to keep up less than this portion in the public file referring to the facility-based assessment location during which the department is located.
(x) An indicator for whether the loan was to a business or farm for which gross annual revenues aren't identified with the financial institution.
For automobile loans, the Board compares a financial institution's geographic and borrower distributions into the applicable Local community benchmarks, as furnished in paragraph (f) of this portion and segment VI of appendix A to this aspect.
) The variety of retail banking services and retail banking goods presented by electronic supply units and other delivery methods; and