228 loan - An Overview
228 loan - An Overview
Blog Article
The Board might regulate a small bank score from “Satisfactory” to “Remarkable” on the institution level where the bank requests and receives added consideration for pursuits that might qualify pursuant towards the Retail Expert services and Goods Test in § 228.
Pursuant to § 228.28 and appendix C to this element, the Board assigns conclusions for just a bank's Retail Solutions and Goods Test overall performance in Each and every facility-primarily based evaluation spot, State and multistate MSA, as relevant, and for your establishment.
(1) Any data concerning a lender's institutional capacity or constraints, including the dimensions and money affliction from the bank, basic safety and soundness limits, or another bank-specific components that drastically affect the bank's capacity to deliver retail lending, retail banking providers and retail banking solutions, Local community improvement loans, Local community development investments, or Group improvement expert services;
In Every relevant Retail Lending Test Spot, the Board evaluates originated and acquired loans in Every of the following product or service traces that is a important item line, as explained in paragraph (d)(2) of the segment:
The Confined Function Financial institution Community Progress Funding Metric actions the greenback quantity of a lender's Neighborhood development loans and Neighborhood improvement investments that benefit or provide all or Portion of the nationwide space when compared with the lender's belongings calculated pursuant to paragraph III.a of appendix B to this component.
To create supporting conclusions for borrower distributions of closed-conclusion home house loan loans, small organization loans, and small farm loans, the Board evaluates the bank's functionality by evaluating the Borrower Financial institution Metric to performance more info ranges, determined by the Borrower Sector Benchmark, Borrower Group Benchmark, and multipliers, as explained in paragraphs V.d and V.e of appendix A to this section.
(6) A bank's closed-end house house loan lending, modest organization lending, modest farm lending, or vehicle lending in distressed or underserved nonmetropolitan middle-income census tracts where a lender's nonmetropolitan facility-centered assessment location or nonmetropolitan retail lending evaluation spot involves only a few or no low- and average-cash flow census tracts; and
) Gains or serves a number of geographic areas with minimal levels of Neighborhood progress funding;
To judge a bank's retail banking products and services, the Board considers a lender's department availability and services furnished at branches, remote service facility availability, and digital delivery techniques and other shipping and delivery systems, as follows:
) of this area, The share of responsive deposit accounts compared to whole deposit accounts for every year in the evaluation time period.
(A) For each of a bank's facility-primarily based assessment places within just an MSA, the MSA Nationwide Group Development Funding Benchmark steps the greenback quantity of Local community progress loans and Local community growth investments that reward or serve MSAs inside the nationwide spot for all massive depository institutions when compared with deposits located in the MSAs within the nationwide region for all significant depository institutions.
The Multistate MSA Community Progress Financing Benchmark actions the dollar quantity of Local community advancement loans and community progress investments that reward or provide a multistate MSA for all substantial depository institutions in comparison to deposits situated in the multistate MSA for all massive depository institutions, calculated pursuant to paragraph II.h of appendix B to this portion.
(i) Impedes its power to accomplish in a satisfactory stage beneath the system, which include financial constraints caused by significant events that influence the neighborhood or national economic system; or
A big bank must collect and maintain in Digital kind, as prescribed through the Board, until finally completion from the lender's future CRA evaluation during which the data are evaluated, the subsequent knowledge with respect to retail banking services and retail banking products offered and supplied by the bank all through Just about every calendar yr: