The Board's thought from the department distribution metrics is educated by the following benchmarks:
(ii) Consistent with paragraph (g) of this section, a lender's prepare may possibly involve optional analysis factors or suitable modifications and additions on the efficiency exams that might use inside the absence of the approved approach.
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(B) For a substantial bank that experienced belongings under or equivalent $ten billion as of December 31 in either in the prior two calendar yrs Which operates at the least one particular department, the Board considers the lender's digital delivery methods and other delivery methods on the financial institution's solution.
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(iii) Any situations outside of the control of the lender, including financial situations or other current market variables or occasions, that have adversely impacted the bank's capability to perform.
The Board uses a bank's All round efficiency scores described With this portion to assign a ranking with the lender's In general overall performance in Each individual Point out and multistate MSA, as relevant, and with the establishment, subject matter to paragraphs (d) and (e) of the part.
(A) A lender may perhaps specify annual measurable plans for Group growth loans, community development investments, or both equally. The financial institution have to base any once-a-year measurable aims as being a share or ratio on the bank's Local community improvement loans and Neighborhood growth investments for all click here or specific forms of community enhancement described in § 228.
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Pursuant to § 228.28 and appendix D to this element, the Board incorporates a lender's Retail Lending Examination conclusions into its Point out or multistate MSA ratings, as relevant, and its establishment rating.
(6) A bank's shut-conclusion dwelling mortgage lending, small business lending, small farm lending, or automobile lending in distressed or underserved nonmetropolitan Center-cash flow census tracts wherever a financial institution's nonmetropolitan facility-primarily based assessment area or nonmetropolitan retail lending assessment space involves only a few or no low- and average-revenue census tracts; and
(B) The Board evaluates the little lender for that evaluation period preceding the bank's future CRA examination pursuant on the Retail Lending Check in § 228.22 and continues evaluations underneath this overall performance exam for subsequent analysis durations right up until the financial institution opts out.
During the period of time if the lender is formally soliciting public touch upon its initial draft plan, the financial institution need to make copies on the First draft approach accessible for evaluation at no cost whatsoever places of work on the lender in any facility-based assessment space included with the program and provide copies of the initial draft system upon request for an affordable cost to protect copying and mailing, if relevant.