228 loan No Further a Mystery
228 loan No Further a Mystery
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The Board assessments the effect and responsiveness of your financial institution's Group growth loans and Group enhancement investments that advantage or provide the nationwide area, as delivered in § 228.15.
When implementing effectiveness checks and strategic options pursuant to paragraph (a) of this segment, and when deciding no matter if to approve a strategic strategy pursuant to § 228.
The Board considers community growth loans and Group advancement investments allocated pursuant to paragraph I.b of appendix B to this component.
The Board may take into account a lender's community development loans, community advancement investments, and community advancement products and services supplied outside of its facility-based evaluation areas, as offered Within this element.
(3) Should the financial institution revised the Original draft approach in reaction to the general public input gained, the initial draft system as launched for community comment with an explanation in the suitable modifications; and
(i) A bank might integrate performance evaluation parts and accompanying once-a-year measurable goals For extra geographic regions but may well not eliminate the analysis of its overall performance in almost any geographic space that may be included in its overall performance analysis within the absence of an accepted prepare.
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) Gains or serves one or more geographic parts with low levels of community growth funding;
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The Board assigns conclusions for your efficiency of the more info lender working underneath a strategic program pursuant to § 228.
The Board considers the loans, investments, services, and goods of affiliates of the lender that are not operations subsidiaries, within the lender's possibility, matter to the following:
The Board considers the weighted common on the effectiveness scores comparable to the financial institution's conclusions for your Community Improvement Funding Examination for its facility-primarily based evaluation parts inside the nationwide space, calculated pursuant to portion IV of appendix B to this aspect.
(B) A financial institution might specify using property as an alternative denominator for your community growth funding metric if it much better actions a financial institution's potential.
has the identical indicating as that phrase is defined via the Director on the Place of work of Administration and Funds.