The Board evaluates a bank's department availability and providers within a facility-based mostly evaluation region dependant on the next:
(three) When the financial institution revised the First draft program in response to the public enter acquired, the initial draft system as launched for community comment with an evidence from the suitable adjustments; and
The Board evaluates the availability and responsiveness of the bank's electronic delivery devices and various shipping units, which include to minimal- and reasonable-revenue people, households, or homes within the institution level by considering:
The Board considers evidence of discriminatory or other unlawful credit rating methods explained During this part by:
The CRA which element don't demand a lender to originate or invest in loans or investments or to supply services that happen to be inconsistent with Protected and seem banking procedures, including underwriting criteria.
If a bank opts being evaluated pursuant to the Retail Lending Examination, the Board assigns conclusions for that lender's Retail Lending Exam overall performance as presented in appendix C to this aspect. In assigning conclusions for a little financial institution, the Board may possibly take into consideration overall performance context details as offered in § 228.21(d).
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The Board evaluates a constrained intent bank's Local community growth financing performance in the facility-based assessment location and assigns a summary in the power-based assessment location based upon the Board's:
For car loans, the Board compares a financial institution's geographic and borrower distributions on the applicable Neighborhood benchmarks, as presented in paragraph (f) of this segment and segment VI of appendix A to this component.
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The Board evaluates a confined purpose bank's community enhancement funding general performance inside the nationwide place, pursuant to § 228.19, and assigns a conclusion for the establishment based on the Board's thought of the next two parts:
(iii) The financial institution's history of lending to and, as correct, engaging in other retail and community growth lending-similar functions for borrowers of different profits ranges and organizations and farms of different measurements;
implies any organization that controls, is managed by, or is underneath frequent Manage with A further corporation. The phrase “control” has the indicating provided here to that time period in 12 U.