The Board evaluates a financial institution's department availability and services inside a facility-based assessment area based upon the subsequent:
(two) A large financial institution will not be needed to delineate retail lending assessment places for a selected calendar 12 months if, from the prior two calendar decades, the massive lender originated or ordered in its facility-centered assessment regions in excess of eighty % of its house home finance loan loans, multifamily loans, small business enterprise loans, modest farm loans, and automobile loans if vehicle loans are a product line for the large lender as described in paragraph II.a.one of appendix A to this component.
The Board evaluates a navy bank pursuant on the applicable overall performance exams explained in paragraph (a) of the area.
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The Board evaluates the record of an intermediate lender, or a little bank that opts to generally be evaluated beneath the Retail Lending Check, of assisting to satisfy the credit requires of its read more total Neighborhood in its outside the house retail lending spot pursuant to § 228.22, for a particular calendar 12 months, if:
The Board works by using the retail lending assessment places delineated by a large bank in its analysis in the financial institution's closed-end property property finance loan lending and small enterprise lending overall performance unless the Board determines that the retail lending evaluation places will not adjust to the necessities of this portion.
The Retail Lending Exam evaluates a bank's file of helping to meet the credit rating needs of its total Group in the bank's origination and purchase of vehicle loans When the lender is really a the greater part auto lender.
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The Board considers the loans, financial commitment, products and services, and products of the financial institution's operations subsidiaries under this section, Except an functions subsidiary is independently topic towards the CRA.
indicates a lender that is not from the organization of extending shut-conclude home home finance loan loans, tiny business loans, modest farm loans, or auto loans evaluated beneath § 228.
) A financial institution may possibly use different weights for combining the borrower and geographic distribution analyses for major item line(s) or other loan items.
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In thinking of CRA functionality in an software described in paragraph (a) of the segment, the Board takes into consideration any views expressed by intrigued parties that happen to be submitted in accordance Together with the Board's Procedures of Treatment set forth in 12 CFR section 262.
The Board evaluates a lender's retail banking goods presented from the lender's facility-centered evaluation areas and nationwide, as applicable, in the institution level as follows: