(ii) The entire counties in the nonmetropolitan space of a Condition (using the MSA boundaries which were in effect as of January one of your calendar calendar year by which the delineation applies), excluding:
A bank have to make accessible to the public for inspection, on request and for free of charge, the knowledge demanded During this area as follows:
The Board evaluates a limited purpose financial institution's Group advancement financing general performance in Each and every Point out or multistate MSA, as applicable pursuant to §§ 228.
(1) For banks that preserve a web site, all info required for that lender's general public file below this section have to be maintained over the bank's Web-site.
The Board evaluates a bank's Group improvement companies general performance inside a facility-based assessment area and assigns a summary for a facility-based evaluation place, by looking at a number of of the next:
(ii) Why an evaluation on the financial institution pursuant to any element of a approach in paragraph (d)(1) of this part would additional meaningfully reflect a lender's file of helping to meet up with the credit history needs of its community than if it had been evaluated beneath the effectiveness exams that could utilize during the absence of the authorized prepare; and
A bank have to make accessible to the general public for inspection, on ask for and without charge, the knowledge expected During this area as follows:
(B) For every of the financial institution's facility-centered assessment regions in just a nonmetropolitan space, the Nonmetropolitan Nationwide Local community Growth Financing Benchmark steps the dollar quantity of Local community development loans and Group improvement investments that profit or provide nonmetropolitan spots inside the nationwide spot for all substantial depository institutions when compared to deposits situated in nonmetropolitan parts in the nationwide region for all significant depository institutions.
In assigning Retail Lending Test conclusions for your State pursuant to § 228.22(h), the Board does not take into consideration a financial institution's activities to generally be while in the Point out if People actions occur within a retail lending evaluation location consisting of counties in multiple State.
In case you have queries with the Agency that issued The existing document make sure you Make contact with the agency instantly.
(A) A bank may specify yearly measurable targets for community progress loans, Local community growth investments, or equally. The bank should foundation any yearly measurable objectives as being a share or ratio on the bank's Group growth loans and community progress investments for all or particular varieties of Group progress described in § 228.
A lender which has been authorised to become evaluated below a strategic prepare have to involve in its community file a replica of that here plan while it's in impact. A bank needn't include information submitted towards the Board with a private basis along with the program.
(ii) The Board considers an intermediate lender's Group progress loans, community progress investments, and community progress companies with out regard to whether or not the activity is made in one or more with the financial institution's facility-based mostly assessment spots. The extent of the Board's consideration of community growth loans, Group improvement investments, and Local community enhancement services beyond the bank's facility-primarily based assessment regions will depend upon the adequacy from the bank's responsiveness to Local community progress needs and possibilities within the lender's facility-dependent evaluation regions and applicable effectiveness context information and facts.
A little lender, or a lender which was a small bank throughout the prior calendar year, must involve in its general public file the financial institution's loan-to-deposit ratio for each quarter with the prior calendar yr and, at its alternative, extra details on its loan-to-deposit ratio.