228 loan - An Overview
228 loan - An Overview
Blog Article
For every census tract wherein the lender originated or obtained a little company loan or compact farm loan, the bank must report the mixture range and greenback level of little organization loans and modest farm loans:
A financial institution needed to report residence house loan loan knowledge pursuant to twelve CFR aspect 1003 ought to include in its general public file a created notice that the bank's HMDA Disclosure Assertion might be acquired on The patron Money Security Bureau's (CFPB's) Site at:
(1) Any details about a bank's institutional capability or constraints, including the dimension and economical problem on the lender, protection and soundness restrictions, or some other financial institution-precise variables that noticeably have an affect on the financial institution's capability to give retail lending, retail banking solutions and retail banking products and solutions, Group development loans, Local community growth investments, or community development companies;
(B) The Board evaluates the small lender with the evaluation interval previous the financial institution's following CRA evaluation pursuant to the Retail Lending Take a look at in § 228.22 and proceeds evaluations below this general performance test for subsequent evaluation periods till the bank opts out.
The Board opinions the affect and responsiveness of a bank's Neighborhood development loans and Neighborhood enhancement investments that gain or serve a facility-primarily based evaluation spot, as presented in § 228.fifteen.
The in-website page Desk of Contents is available only when several sections are now being seen. Make use of the navigation one-way links in the gray bar over to watch the table of contents that this content material belongs to.
(iv) No matter if to solicit more community input or involve the lender to supply any extra reaction to community input by now acquired.
If an intermediate lender opts for being evaluated pursuant into the Community Advancement Financing Check in § 228.24, the Board evaluates more info the intermediate lender to the analysis period preceding the financial institution's future CRA examination pursuant for the Group Improvement Financing Take a look at in § 228.24 and proceeds evaluations pursuant to this overall performance take a look at for subsequent analysis durations till the financial institution opts out.
) The outstanding harmony of the Neighborhood progress loan originated, obtained, refinanced, or renewed in former many years or Local community development financial investment created or renewed in past many years, as of December 31 for yearly which the loan or investment decision continues to be within the lender's equilibrium sheet; or
네이버는 블로그를 통해 저작물이 무단으로 공유되는 것을 막기 위해, 저작권을 침해하는 컨텐츠가 포함되어 있는 게시물의 경우 주제 분류 기능을 제한하고 있습니다.
Affiliated depository institutions supervised by exactly the same Federal financial supervisory company could prepare a joint system, presented that the program features, for each lender, the applicable general performance assessments that will implement within the absence of the authorized system.
A considerable financial institution need to obtain and report back to the Board annually by April one a list of Each and every retail lending evaluation place showing the States, MSAs, and counties while in the retail lending assessment location for that prior calendar 12 months.
(B) A financial institution may possibly specify using assets as an alternative denominator for just a Neighborhood growth financing metric if it superior steps a lender's potential.
A lender that's been authorized to be evaluated underneath a strategic program must involve in its community file a replica of that prepare whilst it is actually in result. A lender need not involve details submitted to the Board over a private basis along with the plan.