(iii) A financial institution that includes further functionality evaluation parts with accompanying annual measurable aims in its program have to specify the geographic regions where Individuals elements and targets utilize.
The Board may well approve a program immediately after thinking about the factors in paragraph (h)(three) of this area and if it establishes the financial institution has offered ample justification for the plan and every element of the prepare as demanded in paragraph (d) of this part.
has precisely the same meaning as that phrase is defined from the Director of your Office of Administration and Finances.
The Minimal Intent Bank Local community Improvement Funding Metric steps the greenback quantity of a bank's Neighborhood advancement loans and Neighborhood advancement investments that reward or serve all or A part of the nationwide region as compared to the financial institution's property calculated pursuant to paragraph III.a of appendix B to this element.
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(A) Brings together the functionality scores for each supporting summary for each major solution line into 228 loan a product line score; and
The Board weights the lender's performance rating to the efficiency tests relevant to a substantial bank as follows:
Inside a facility-based evaluation region or exterior retail lending spot, an item line is A serious product or service line if the bank's loans in that item line comprise fifteen percent or more of your financial institution's loans throughout most of the bank's product or service lines in the ability-based assessment area or outside the house retail lending location, as identified pursuant to paragraph II.b.1 of appendix A to this portion.
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The Board considers the availability of distant provider facilities in the following geographic spots:
For each main item line, a Geographic Group Benchmark, calculated pursuant to paragraph III.c of appendix A to this element for facility-dependent evaluation locations and retail lending assessment parts, and paragraph III.e of appendix A to this element for outdoor retail lending parts.
(ii) The entire counties within the nonmetropolitan location of a Condition (using the MSA boundaries that were in impact as of January 1 in the calendar 12 months through which the delineation applies), excluding:
If a little bank opts to become evaluated underneath the Retail Lending Examination in § 228.22, the Board charges the performance of a small financial institution as offered in appendix D to this section.
The Board evaluates a bank's retail banking merchandise available inside the financial institution's facility-dependent evaluation areas and nationwide, as applicable, on the institution stage as follows: