(three) The bank may well not claim Group development loans or Local community progress investments accounting for greater than its proportion share (determined by the extent of its participation or investment decision) of the entire loans or investments produced by the consortium or third party.
) Massive financial institutions that experienced belongings a lot less than or equal to $10 billion as of December 31 in either in the prior two calendar yrs and that don't work branches.
To produce supporting conclusions for geographic distributions of shut-close household house loan loans, small organization loans, and smaller farm loans, the Board evaluates the lender's performance by evaluating the Geographic Lender Metric to general performance ranges, depending on the Geographic Market place Benchmark, the Geographic Local community Benchmark, and multipliers, as described in paragraphs V.b and V.c of appendix A to this element.
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The Board evaluates the file of an intermediate lender, or a little bank that opts to be evaluated underneath the Retail Lending Take a look at, of helping to meet the credit history desires of its overall Local community in its outdoors retail lending region pursuant to § 228.22, for a particular calendar calendar year, if:
The Board evaluates a lender's general performance under an permitted strategy determined by the general performance checks that might use inside the absence of an approved approach and any optional evaluation parts or suitable modifications and additions into the relevant general performance checks set forth inside the bank's approved system.
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(i) Why the bank's business design is outside the house the scope of, or inconsistent with, one or more components of the general performance assessments that could utilize while in the absence of the accepted plan;
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In case the Board approves the designation, it remains in impact until finally the bank requests revocation from the designation or until 1 calendar year following the Board notifies a restricted goal lender the Board has revoked the designation over the Board's possess initiative.
The Board opinions the influence and responsiveness of your bank's Neighborhood enhancement loans and community growth investments that gain or serve a multistate MSA, as supplied in § 228.15.
suggests any firm that controls, is read more controlled by, or is under popular Regulate with A different firm. The phrase “Manage” has the meaning supplied to that phrase in 12 U.