A financial institution could specify different weights for averaging test functionality throughout assessment locations or other geographic parts. These alternate weights must be based upon the financial institution's capability and Local community desires and possibilities in precise geographic areas.
(E) The financial institution fails to supply information requested from the Board which is needed for the Board for making an informed decision.
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(i) The retail lending wants of its facility-centered assessment locations, retail lending assessment locations, and outside retail lending spot that happen to be protected by the strategy. A bank that originates or buys loans in a product line evaluated pursuant to the Retail Lending Test in § 228.
(i) Why the lender's small business design is outside the scope of, or inconsistent with, a number of elements of the performance tests that may use in the absence of the permitted program;
A lender subject matter to this element may well request that the Board confirm that a loan, expense, or company is qualified for Local community growth consideration by distributing a ask for to, and in a format prescribed by, the Board.
The Board weights the bank's effectiveness score for that performance exams relevant to an intermediate lender as follows:
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The dollar quantity from the constrained purpose financial institution's Group advancement loans and Group growth investments that benefit or serve the State or multistate MSA and an evaluation in the affect and responsiveness of These loans and investments, as provided in § 228.15.
The Board weights the financial 228 loan institution's efficiency score for your overall performance assessments relevant to a big lender as follows:
The Board considers the loans, investments, products and services, and merchandise of affiliates of a bank that are not functions subsidiaries, with the bank's solution, topic to the next:
(3) The number of lenders whose home home loan loans, multifamily loans, tiny small business loans, and smaller farm loans and deposits knowledge are utilised to establish the relevant Retail Lending Quantity Threshold, geographic distribution market place benchmarks, and borrower distribution industry benchmarks;
A bank's plan have to supply a justification that demonstrates the need for the following elements of a program a result of the financial institution's organization design (
When assigning ratings, the Board considers a lender's earlier overall performance. If a bank's prior ranking was “Desires to enhance,” the Board could decide that a “Substantial Noncompliance” ranking is acceptable where by the lender failed to further improve its effectiveness For the reason that earlier analysis period of time, without any acceptable basis for this kind of failure.