(i) The retail lending requirements of its facility-based evaluation regions, retail lending evaluation locations, and out of doors retail lending space that happen to be protected via the program. A lender that originates or buys loans in a product line evaluated pursuant to the Retail Lending Check in § 228.
(2) The dispersion of a bank's closed-conclusion household home loan lending, little enterprise lending, modest farm lending, or automobile lending in a facility-primarily based assessment spot to find out whether you will discover gaps in lending that aren't defined by efficiency context;
usually means, notwithstanding the definition of “little small business” On this part, a loan A part of “loans to compact companies” as documented in Program RC-C of the decision Report.
Responsive credit goods and plans may well include things like, but are not restricted to, credit history solutions and systems that:
A bank that's not a greater part car lender may decide to get automobile loans evaluated less than this part.
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A financial institution or financial savings Affiliation's record of general performance will be the foundation for denying or conditioning acceptance of an application mentioned in paragraph (a) of this area.
b of appendix A to this aspect for facility-based assessment regions and retail lending evaluation parts, and paragraph III.d of appendix A to this element for out of doors retail lending areas; and
For a big financial institution that experienced property bigger than $ten billion as of December 31 in each in the prior two calendar yrs, the Lender Nationwide Group Improvement Expenditure Metric actions the greenback volume in the financial institution's Local community progress investments that gain or provide all or Section of the nationwide place, excluding property finance loan-backed securities, in comparison with the deposits while in the financial institution located in the nationwide spot, calculated pursuant to paragraph II.m of appendix B to this part.
The Board's evaluation from the responsiveness from the bank's routines is informed by info provided by the bank, and may be educated via the effects and website responsiveness critique components described in § 228.15(b).
(one) Any facts pertaining to a financial institution's institutional ability or constraints, such as the measurement and fiscal affliction with the financial institution, security and soundness limitations, or any other lender-precise variables that drastically influence the financial institution's ability to deliver retail lending, retail banking products and services and retail banking solutions, Local community improvement loans, Group progress investments, or Neighborhood development products and services;
(ii) The entire counties in the nonmetropolitan location of a State (using the MSA boundaries that were in impact as of January 1 in the calendar yr through which the delineation applies), excluding:
If a small bank opts to be evaluated under the Retail Lending Test in § 228.22, the Board rates the performance of a little lender as furnished in appendix D to this aspect.
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