(i) The range of retail banking providers and retail banking merchandise provided through electronic supply methods as well as other supply devices;
For any financial institution's outside the house retail lending location, the Board calculates the Geographic Marketplace Benchmark for each major products line, excluding car loans, and for every category of designated census tracts by getting a weighted common of benchmarks for every element geographic area as follows:
(B) The extent to which the plan has adequately justified the need for just a approach and every aspect of the plan as essential in paragraph (d) of this part.
Pursuant to § 228.21, the Retail Lending Take a look at evaluates a financial institution's record of assisting to meet up with the credit rating needs of its total Neighborhood through the lender's origination and purchase of property house loan loans, multifamily loans, little business loans, and modest farm loans.
(iii) A lender that includes supplemental efficiency evaluation factors with accompanying yearly measurable aims in its program have to specify the geographic places where by These elements and objectives use.
A bank subject matter to this element might ask for which the Board affirm that a loan, financial investment, or provider is qualified for Neighborhood growth consideration by submitting a ask for to, and in a structure prescribed by, the Board.
(i) A bank could include general performance evaluation elements and accompanying yearly measurable targets for additional geographic areas but here might not reduce the evaluation of its general performance in almost any geographic area that might be A part of its performance evaluation while in the absence of the accepted approach.
The Board assigns conclusions with the general performance of the bank operating less than a strategic system pursuant to § 228.
The Board calculates the Borrower Local community Benchmark for each group of selected borrowers for every big product or service line in Just about every facility-based mostly assessment area or retail lending evaluation region.
(B) Why it's important and suitable to amend its plan in the absence of a material modify in situations.
2. The performance threshold for your “Higher Satisfactory” supporting conclusion could be the lesser of possibly:
(A) For each of a bank's facility-primarily based evaluation places within an MSA, the MSA Nationwide Group Advancement Financing Benchmark measures the greenback quantity of Group enhancement loans and Neighborhood progress investments that benefit or provide MSAs from the nationwide region for all massive depository institutions in comparison with deposits situated in the MSAs inside the nationwide space for all huge depository establishments.
The Board uses the facility-based evaluation spots delineated by a lender in its analysis in the bank's CRA efficiency Unless of course the Board determines that the ability-primarily based assessment areas will not adjust to the requirements of the portion.
usually means, notwithstanding the definition of “small farm” Within this segment, a loan A part of “loans to smaller farms” as noted in Schedule RC-C of the decision Report.