The Board's thing to consider in the branch distribution metrics is knowledgeable by the subsequent benchmarks:
(two) A nonmetropolitan middle-earnings census tract is selected as underserved if it meets the criteria for populace dimension, density, and dispersion that reveal the region's inhabitants is adequately tiny, thin, and distant from the population Middle the census tract is likely to possess issues financing the mounted prices of Conference necessary Group requirements.
usually means a lender, excluding a lender specified being a constrained function financial institution pursuant to § 228.26, that had assets of at least $two billion as of December 31 in both of those with the prior two calendar several years. The Board adjusts and publishes the figure With this definition per year, based upon the yr-to-year change in the standard of The customer Value Index for City Wage Earners and Clerical Staff, not seasonally adjusted, for every 12-thirty day period period ending in November, with rounding to the closest million.
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The Board considers the department availability and companies supplied at branches of banking companies that function a number of branches pursuant to paragraph (b)(2) of this portion.
Affiliated depository institutions supervised by the identical Federal fiscal supervisory agency could put together a joint strategy, delivered which the program involves, for each bank, the relevant effectiveness assessments that will 228 loan apply during the absence of an authorized strategy.
Pursuant to § 228.21, the Retail Lending Exam evaluates a financial institution's document of assisting to satisfy the credit requirements of its entire Group in the financial institution's origination and buy of property mortgage loan loans, multifamily loans, little business enterprise loans, and modest farm loans.
(A) For each of a bank's facility-primarily based assessment locations inside an MSA, the MSA Nationwide Community Advancement Financing Benchmark steps the greenback quantity of Neighborhood growth loans and Neighborhood advancement investments that advantage or serve MSAs in the nationwide space for all significant depository establishments when compared to deposits located in the MSAs within the nationwide region for all large depository institutions.
(A) A bank may specify once-a-year measurable targets for community enhancement loans, Local community improvement investments, or both of those. The financial institution must foundation any annual measurable objectives as being a proportion or ratio in the lender's Neighborhood improvement loans and Local community improvement investments for all or sure sorts of Local community advancement explained in § 228.
(one) Thought on the dollar volume in the constrained purpose bank's community improvement loans and community improvement investments that benefit or provide the power-dependent assessment region; and
The Board considers Local community advancement loans and Group growth investments allocated pursuant to paragraph I.b of appendix B to this aspect.
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Revitalization or stabilization comprises routines that assistance revitalization or stabilization of qualified census tracts, which include adaptive reuse of vacant or blighted structures, brownfield redevelopment, assist of a prepare for a company enhancement district or primary Avenue system, or every other activity that supports revitalization or stabilization, Which:
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