228 loan - An Overview
228 loan - An Overview
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In a facility-primarily based assessment spot or outside the house retail lending space, a product line is A serious item line if the financial institution's loans in that item line comprise fifteen % or even more on the lender's loans throughout most of the financial institution's solution lines in the power-centered evaluation space or outdoors retail lending location, as decided pursuant to paragraph II.b.one of appendix A to this element.
(seven) Data indicating that the credit score demands of the ability-based evaluation region or retail lending assessment place will not be staying achieved by lenders inside the mixture, these which the related benchmarks do not sufficiently mirror community credit wants.
(ii) The retail banking companies and retail banking items desires of its facility-centered evaluation spots and within the establishment degree which can be coated from the plan.
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If a lender opts to become evaluated pursuant on the Retail Lending Exam, the Board assigns conclusions for the bank's Retail Lending Examination general performance as provided in appendix C to this element. In assigning conclusions for a small bank, the Board may possibly take into consideration performance context info as offered in § 228.21(d).
(iii) Any circumstances outside of the control of the financial institution, such as financial conditions or other sector aspects or events, that have adversely impacted the financial institution's power to execute.
(B) A lender might specify making use of property as an alternative denominator for your community growth funding metric if it much better actions a lender's potential.
(B) For each of the bank's facility-primarily based assessment areas within a nonmetropolitan area, the Nonmetropolitan Nationwide Group Development Funding Benchmark actions the dollar quantity of Group progress loans and Local community growth investments that reward or serve nonmetropolitan spots during the nationwide place for all massive depository institutions in comparison with deposits located in nonmetropolitan parts while in the nationwide location for all large depository establishments.
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(one) Any facts about a lender's institutional ability or constraints, such as the measurement and fiscal issue on the financial institution, security and soundness limitations, or any other lender-precise components that appreciably have an affect on the financial institution's capability to offer retail lending, retail banking services and retail banking products, community progress loans, Neighborhood improvement investments, or Group progress companies;
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The Board evaluates a restricted goal financial institution's Local community development financing efficiency in Every single Condition or multistate MSA, as relevant pursuant to §§ 228.
(B) The success in the financial institution's units for delivering retail more info banking companies and The provision and responsiveness of the bank's retail banking merchandise, pursuant to § 228.23, as relevant;