5 Simple Techniques For 228 loan
5 Simple Techniques For 228 loan
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The Board reviews the affect and responsiveness from the lender's Local community growth loans and Group advancement investments that profit or serve the nationwide region, as furnished in § 228.15.
(ii) In excess of 50 per cent of the challenge is non-household as measured by the percentage of overall square footage or greenback amount of the task.
Besides as if not supplied in this segment, a bank need to make certain that its general public file incorporates the knowledge expected by this portion for each from the previous 3 calendar decades, with the most recent calendar 12 months included in its file annually by April 1 of the present calendar yr.
An intermediate lender or a small lender for which vehicle loans are an item line may possibly gather and keep in the format from the financial institution's selecting, like within an electronic type prescribed because of the Board, until eventually the completion on the lender's subsequent CRA evaluation by which the info are evaluated, the data explained in paragraphs (a)(two)(iii)(A) by way of (F) of this area for every automobile loan originated or purchased via the financial institution over the evaluation interval.
The Board evaluates a financial institution's Neighborhood advancement companies general performance inside of a facility-centered evaluation spot and assigns a conclusion to get a facility-based evaluation place, by looking at one or more of the following:
means a business, in addition to a farm, that experienced gross once-a-year revenues for its previous fiscal calendar year of $five million or fewer.
) Added benefits or serves one or more geographic regions with low levels of Local community development financing;
(ii) Any county in the nonmetropolitan place in which the lender did not originate or acquire any closed-conclude home house loan loans, small organization loans, small farm loans, or automobile loans if auto loans are a product line for the financial institution.
In assigning Retail Lending Check conclusions for the Condition pursuant to § 228.22(h), the Board doesn't consider a financial institution's things to do for being from the Condition if Those people things to do happen in a very retail lending assessment area consisting of counties in more than one Point out.
(two) A big lender is just not needed to delineate retail lending assessment areas for a particular calendar 12 months if, within the prior two calendar yrs, the large financial institution originated or procured within its facility-primarily based assessment spots over 80 per cent of its residence mortgage loans, multifamily loans, modest small business loans, small farm loans, and automobile loans if automobile loans are a product line for the massive bank as described in paragraph II.a.one of appendix A to this portion.
(A) A replica of the general public area of your bank's most up-to-date CRA efficiency analysis and a summary of products and services provided by the branch; and
상세한 안내를 받고 싶으신 경우 네이버 고객센터로 문의주시면 도움드리도록 하겠습니다. 건강한 인터넷 환경을 만들어 나갈 수 있도록 고객님의 많은 관심과 협조를 부탁드립니다.
(B) Any counties during which the big bank did not originate any closed-stop property property finance loan loans or small enterprise loans which can be claimed loans during that calendar year.
(1) For banks that keep an internet site, all facts essential with the lender's community file beneath this part website must be taken care of around the financial institution's Internet site.