The Board might modify a little bank ranking from “Satisfactory” to “Superb” in the establishment stage exactly where the financial institution requests and gets added thing to consider for routines that might qualify pursuant for the Retail Products and services and Goods Check in § 228.
When applying effectiveness exams and strategic ideas pursuant to paragraph (a) of the section, and when deciding regardless of whether to approve a strategic program pursuant to § 228.
Except for a small bank that opts to become evaluated pursuant to the Retail Lending Examination in § 228.22, the Board assigns conclusions to the performance of a small bank evaluated less than this portion as provided in appendix E to this part.
An intermediate financial institution or a little lender for which auto loans are an item line could collect and preserve within a format from the bank's selecting, which includes within an Digital kind prescribed with the Board, until finally the completion on the bank's next CRA assessment where the data are evaluated, the information explained in paragraphs (a)(2)(iii)(A) by means of (File) of this portion for each vehicle loan originated or ordered with the bank throughout the analysis interval.
(four) Are offered to folks at a place of work in which virtually all staff members are lower- or reasonable-cash flow, based upon U.S. Bureau of Labor Studies information for the average wage for personnel in that individual profession or industry;
The Board considers the department availability and products and services presented at branches of financial institutions that run a number of branches pursuant to paragraph (b)(2) of the area.
(4) Lacking or defective info that could be important to determine the relevant metrics and benchmarks or any other aspects that prevent the Board from calculating a Retail Lending Examination advisable summary.
The loans, investments, solutions, and solutions of the lender's functions subsidiary need to be included in the financial institution's program, Unless of course the operations subsidiary is independently issue to CRA requirements.
The Board seeks to act upon a draft strategy in 90 calendar times after the Board receives the entire draft plan as well as other materials demanded pursuant to paragraph (file) of the area.
네이버는 블로그를 통해 저작물이 무단으로 공유되는 것을 막기 위해, 저작권을 침해하는 컨텐츠가 포함되어 있는 게시물의 경우 주제 분류 기능을 제한하고 있습니다.
The Board evaluates the history of an intermediate lender, or a small financial institution that opts for being evaluated underneath the Retail Lending Exam, of helping to fulfill the credit history requirements of its complete community in its outside the house retail lending place pursuant to § 228.22, for a selected calendar calendar year, if:
For property home loan loans, the financial institution must detect the home house loan loans claimed by bank affiliates underneath 12 CFR section 1003, if applicable, or acquire and manage information on household mortgage loans from the affiliate the financial institution would've gathered and preserved pursuant to paragraphs (a)(3) of the segment had the loans been originated or acquired because of the lender.
(iii) A bank that includes more general performance evaluation components with accompanying once-a-year measurable targets in its strategy must specify the geographic areas the place Individuals components and plans implement.
A significant lender need to acquire and preserve in Digital kind, as prescribed through the Board, until completion with the financial institution's subsequent CRA assessment where the data are evaluated, the subsequent knowledge with more info respect to retail banking solutions and retail banking products made available and supplied by the bank during Just about every calendar yr: