228 loan No Further a Mystery
228 loan No Further a Mystery
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The Board considers Neighborhood development loans and Neighborhood advancement investments allocated pursuant to paragraph I.b of appendix B to this part.
usually means, notwithstanding the definition of “modest farm” Within this area, a loan A part of “loans to compact farms” as noted in Timetable RC-C of the Call Report.
(i) The retail lending needs of its facility-based mostly assessment areas, retail lending assessment locations, and out of doors retail lending area which might be included with the prepare. A financial institution that originates or buys loans in a product line evaluated pursuant for the Retail Lending Examination in § 228.
) A summary of the geographic places served from the Group growth loan or Neighborhood enhancement investment, specifying any county, Point out, multistate MSA, or nationwide region served; and
A lender subject matter to this portion could request that the Board ensure that a loan, financial investment, or provider is eligible for Group growth consideration by publishing a request to, As well as in a structure prescribed by, the Board.
Responses or questions about document content material cannot be answered by OFR workers. Be sure to tend not to provide confidential information or personal information.
) Gains or serves a number of geographic regions with reduced amounts of Neighborhood enhancement financing;
The dollar quantity from the constrained purpose lender's community progress loans and community improvement investments that profit or provide the State or multistate MSA and a review from the impression and responsiveness of website those loans and investments, as presented in § 228.fifteen.
In the course of the expression of the strategy, a bank could request the Board to approve an amendment to the plan inside the absence of a fabric improve in situation.
(A) A duplicate of the general public segment of your bank's most up-to-date CRA functionality analysis and a list of services furnished by the department; and
A considerable lender will have to obtain and manage, in the structure on the lender's picking or in a very standardized structure, as furnished by the Board, until the completion with the lender's future CRA assessment wherein the info are evaluated, the subsequent community advancement companies facts:
Loans by a lender on to firms or farms, together with, but not limited to, loans in conjunction or syndicated using a U.
A bank have to manage a community file, in possibly paper or electronic format, that includes the next information: