(three) The lender might not assert Neighborhood enhancement loans or community growth investments accounting for over its share share (dependant on the extent of its participation or investment) of the total loans or investments produced by the consortium or third party.
(ii) According to paragraph (g) of this section, a bank's approach may well include optional evaluation factors or suitable modifications and additions towards the effectiveness tests that could implement within the absence of an authorized approach.
The Nationwide Asset-Based mostly Group Advancement Financing Benchmark steps the greenback quantity of Group improvement loans and Neighborhood growth investments that gain or provide all or A part of the nationwide spot of all depository establishments that claimed pursuant to § 228.
The Multistate MSA Local community Improvement Financing Benchmark actions the greenback quantity of community advancement loans and Group improvement investments that gain or serve a multistate MSA for all substantial depository establishments when compared with deposits situated in the multistate MSA for all large depository institutions, calculated pursuant to paragraph II.h of appendix B to this element.
The Board assigns conclusions to a big lender's or constrained intent financial institution's overall performance to the relevant tests described in paragraph (a) of the portion pursuant to § 228.28 and appendix C to this element. The Board assigns conclusions to a little lender's or intermediate bank's effectiveness around the applicable assessments explained in paragraph (a) of this portion pursuant to § 228.
(four) Are available to people today in a office exactly where nearly all workers are low- or average-profits, dependant on U.S. Bureau of Labor Data info for the typical wage for personnel in that exact occupation or field;
The Board evaluates a lender's remote assistance facility availability inside a facility-dependent evaluation spot dependant on the next:
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(A) Distributing the Original draft plan for publication about the Board's Internet site and by publishing the Original draft strategy about the lender's website, In the event the financial institution maintains one; and
(i) The public's involvement in formulating the draft prepare, together with particular data concerning the customers of the general public and corporations the lender contacted And exactly how the lender gathered information related for the draft prepare;
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A financial institution must delineate one or more facility-centered assessment regions within which the Board evaluates the financial institution's history of helping to satisfy the credit rating needs of its total Group pursuant towards the effectiveness checks and strategic program described in § 228.21.
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