The Board evaluates a bank's department availability and companies within a facility-primarily based evaluation location based on the following:
Notwithstanding the requirements of this section, a navy lender whose customers will not be located within just a defined geographic region may well delineate the complete United states of america and its territories as its sole facility-based mostly evaluation region.
suggests, notwithstanding the definition of “compact farm” Within this section, a loan A part of “loans to small farms” as reported in Agenda RC-C of the Call Report.
We're going to supply you a check for the proceeds of one's loan when you overview and indication your documentation at one among our quite a few Business office locations.
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(three) Rewards or serves one or more geographic parts with reduced levels of community development financing;
The joint approach may involve optional evaluation parts or eligible modifications and additions to your effectiveness tests that would implement while in the absence of the approved program.
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When implementing performance assessments and strategic programs pursuant to paragraph (a) of this area, and when analyzing whether or not to approve a strategic program pursuant to § 228.
(ii) If a large bank is no more necessary to delineate a retail lending assessment space Earlier determined while in the program as a result of not Assembly the necessary retail lending evaluation spot thresholds pursuant to § 228.
The Board assessments the effect and responsiveness of the financial institution's Group growth loans and community progress investments that benefit or serve a Point out, as offered in § 228.fifteen.
A financial institution should delineate a number of facility-centered assessment regions within just which the Board evaluates the bank's file of assisting to meet the credit score click here requires of its whole community pursuant to your efficiency assessments and strategic plan described in § 228.21.
(i) Impedes its power to perform in a satisfactory amount underneath the plan, like economic constraints brought on by considerable functions that impression the community or nationwide financial state; or