means any enterprise that controls, is controlled by, or is less than prevalent Handle with another corporation. The term “Regulate” has the which means specified to that phrase in twelve U.
(E) Allocation of your greenback level of the Neighborhood enhancement loan or community advancement expense to geographic locations served because of the loan or expenditure:
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(one) For banks that sustain a website, all info expected to the financial institution's general public file beneath this section should be preserved around the financial institution's website.
The Board evaluations the impact and responsiveness of the bank's community advancement loans and community progress investments that benefit or provide a facility-primarily based assessment place, as provided in § 228.15.
Pursuant to twelve U.S.C. 2906, the Board supplies conclusions derived beneath this aspect separately for metropolitan regions in which a financial institution maintains one or more domestic department workplaces and for your nonmetropolitan region of the Condition if a bank maintains a number of domestic branch places of work in these types of nonmetropolitan place.
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The Retail Lending Test evaluates a financial institution's record of helping to fulfill the credit rating needs of its full Neighborhood in the bank's origination and purchase of auto loans In the event the lender is really a the greater part automobile lender.
(five) Info and data furnished by the lender concerning the lender's company approach and product or service choices;
Pursuant to § 228.28 and paragraph file of appendix D to this section, the Board incorporates the conclusions of a financial institution evaluated less than an accepted approach into its State or multistate MSA rankings, as relevant, and its establishment ranking, accounting for paragraph g.2 of appendix D to this portion, as relevant.
(A) A copy of the public section on the bank's most up-to-date CRA overall performance analysis and a listing of expert services furnished by the branch; and
Any facility-primarily based evaluation place, retail lending assessment region, outside the house retail lending place, or other geographic spot that will be evaluated in the absence of the accepted plan, but is not really included in an approved prepare, is going to be evaluated pursuant to the general performance exams that may use in the absence of an authorised prepare.
(iii) The financial institution's report of lending to and, as correct, engaging in other retail and community enhancement lending-related functions for borrowers of various income levels and organizations and farms of different measurements;
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