228 loan - An Overview
For every census tract in which the lender originated or bought a little organization loan or compact farm loan, the financial institution must report the mixture variety and greenback degree of small company loans and little farm loans:Deciding on an merchandise from total textual content search results will bring you to Those people final results. Pressing enter while in the look for box may also deliver you to search engine results. History and a lot more information can be found in the Look for & Navigation guide.
Besides as if not offered During this segment, a bank should be sure that its public file has the data required by this area for each of the preceding a few calendar years, with The newest calendar calendar year A part of its file every year by April 1 of the current calendar year.
(1) For banking institutions that retain a website, all info demanded with the lender's general public file less than this area must be managed about the lender's Site.
usually means, notwithstanding the definition of “smaller business enterprise” in this portion, a loan included in “loans to smaller firms” as reported in Routine RC-C of the decision Report.
The Board considers the branch availability and products and services offered at branches of financial institutions that function a number of branches pursuant to paragraph (b)(2) of this part.
(i) An intermediate lender's Group enhancement overall performance is evaluated pursuant to the next conditions:
The Board opinions the impression and responsiveness in the lender's Group advancement loans and Neighborhood progress investments that profit or serve the nationwide area, as supplied in § 228.15.
(e) Facts on Neighborhood development loans and Neighborhood advancement investments by a consortium or perhaps a third party.
(ii) After the lender has formulated its First draft approach, formally solicit community touch upon the First draft system for a minimum of sixty days by:
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For house mortgage loan loans, the bank have to detect the house house loan loans reported by lender affiliate marketers less than 12 CFR part 1003, if relevant, or obtain and preserve data on property home finance loan loans because of the affiliate which the bank would've gathered and maintained pursuant to paragraphs (a)(three) of this segment experienced the loans been originated or procured from the financial institution.
); the phrase “uninsured Condition branch” indicates a Condition department the deposits of which aren't insured via the Federal Deposit Insurance plan Company; the term “restricted branch” means a Point out branch that accepts only deposits that happen to be permissible for a corporation structured under segment 25A of the Federal Reserve Act (12 U.S.C. 611 et seq.
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