means any organization that controls, is controlled by, or is underneath common Manage with A further organization. The term “Command” has the meaning specified to that expression in twelve U.
The Board encourages communication among associates of the public and banking institutions, like by associates of the public submitting written public responses about Local community credit requires and chances as well as a financial institution's history of helping to satisfy Group credit score needs.
The Board considers Group development loans and Neighborhood enhancement investments allocated pursuant to paragraph I.b of appendix B to this aspect.
The Board employs the retail lending evaluation spots delineated by a substantial bank in its analysis of the financial institution's shut-end dwelling house loan lending and compact enterprise lending effectiveness Except the Board establishes which the retail lending evaluation locations usually do not comply with the requirements of the section.
(two) A nonmetropolitan middle-profits census tract is selected as underserved if it fulfills the factors for inhabitants dimension, density, and dispersion that reveal the world's population is adequately smaller, slim, and distant from the population center that the census tract is likely to get issue funding the set costs of meeting important Neighborhood wants.
) The amount of checking and savings accounts opened digitally and thru other shipping methods that are Lively at the end of Every calendar calendar year by census tract earnings degree for every calendar year.
The Board weights the bank's overall performance rating for your functionality checks relevant to an intermediate lender as follows:
(B) For every of the check here lender's facility-based mostly assessment parts within a nonmetropolitan location, the Nonmetropolitan Nationwide Local community Growth Funding Benchmark measures the dollar quantity of Local community development loans and Neighborhood advancement investments that reward or provide nonmetropolitan areas within the nationwide location for all massive depository establishments when compared with deposits located in nonmetropolitan places inside the nationwide area for all huge depository establishments.
(5) Info and knowledge provided by the lender concerning the lender's company tactic and product choices;
In the phrase of a program, a financial institution may possibly request the Board to approve an Modification to your approach in the absence of a material alter in circumstances.
(A) A financial institution could specify annual measurable goals for community progress loans, Neighborhood improvement investments, or both of those. The financial institution need to base any yearly measurable objectives to be a proportion or ratio of your bank's Local community improvement loans and Local community improvement investments for all or sure different types of Group advancement described in § 228.
상세한 안내를 받고 싶으신 경우 네이버 고객센터로 문의주시면 도움드리도록 하겠습니다. 건강한 인터넷 환경을 만들어 나갈 수 있도록 고객님의 많은 관심과 협조를 부탁드립니다.
(iii) A bank that features added functionality evaluation parts with accompanying annual measurable aims in its prepare need to specify the geographic areas where by All those elements and plans implement.
A lender that's been accepted being evaluated below a strategic strategy must involve in its community file a replica of that prepare although it can be in influence. A lender needn't consist of information and facts submitted to the Board on a private foundation along with the prepare.