About 228 loan
About 228 loan
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In the facility-primarily based assessment location or outdoors retail lending area, a product line is a major merchandise line In case the financial institution's loans in that product or service line comprise fifteen % or more from the bank's loans across the entire lender's product lines in the facility-centered assessment location or outside retail lending region, as established pursuant to paragraph II.b.one of appendix A to this component.
(ii) According to paragraph (g) of this area, a bank's prepare may well involve optional analysis parts or qualified modifications and additions to the overall performance checks that would utilize from the absence of the permitted system.
The Board opinions the impression and responsiveness of the bank's Neighborhood improvement loans and community growth investments that benefit or serve a facility-primarily based evaluation place, as delivered in § 228.fifteen.
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The Board weights the financial institution's functionality score with the effectiveness exams relevant to an intermediate bank as follows:
The Board may possibly modify the rating of the intermediate bank evaluated as presented in paragraph (a)(2) of the segment from “Satisfactory” to “Excellent” in the establishment amount where by the bank requests and gets more consideration for activities that could qualify pursuant for the Retail Expert services and Goods Exam in § 228.23.
Pursuant to § 228.21, the Retail Lending Test evaluates a bank's history of assisting to meet up with the credit rating demands of its total Neighborhood with the bank's origination and click here buy of property house loan loans, multifamily loans, modest organization loans, and tiny farm loans.
Inside a facility-based evaluation region or outside the house retail lending place, a product line is An important merchandise line In the event the lender's loans in that merchandise line comprise fifteen per cent or even more of your financial institution's loans across most of the lender's product lines in the facility-primarily based evaluation location or outside the house retail lending location, as identified pursuant to paragraph II.b.1 of appendix A to this portion.
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) For just a armed forces financial institution, publishing notice in at the least one print newspaper of standard circulation specific to users from the navy (if out there, or else a digital publication focused to associates on the army); and
The Condition Community Enhancement Funding Benchmark measures the greenback volume of Local community advancement loans and Group growth investments that advantage or provide all or Portion of a Point out for all massive depository establishments when compared to deposits located in the Condition for all large depository institutions, calculated pursuant to paragraph II.e of appendix B to this section.
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If a little financial institution opts being evaluated under the Retail Lending Take a look at in § 228.22, the Board costs the performance of a little lender as provided in appendix D to this portion.
For every significant product or service line, the Board develops a separate supporting conclusion for every category of census tracts and each group of borrowers explained in paragraphs V.a and VI.a of appendix A to this component.