The inclusion of an affiliate's loans, investments, services, and merchandise within a financial institution's approach, or inside a joint plan of affiliated depository establishments, is matter to the subsequent:
Pursuant to twelve U.S.C. 2906, the Board provides conclusions derived less than this section separately for metropolitan spots through which a bank maintains a number of domestic department workplaces and with the nonmetropolitan region of the Condition if a bank maintains one or more domestic branch places of work in these types of nonmetropolitan spot.
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The Constrained Function Financial institution Neighborhood Growth Financing Metric measures the greenback quantity of a lender's Group enhancement loans and Group enhancement investments that profit or provide all or Section of the nationwide location when compared to the financial institution's assets calculated pursuant to paragraph III.a of appendix B to this part.
(ii) If the Board, the FDIC, as well as OCC figure out that a loan or investment decision is now not qualified for community progress consideration, the operator in the loan or investment at enough time from the perseverance will go on to obtain community enhancement thought with the remaining term or duration of the loan or expense.
(ii) Any county inside of a nonmetropolitan area during which the financial institution did not originate or obtain any closed-stop residence home finance loan loans, compact business loans, small farm loans, or auto loans if vehicle loans are a product line for your bank.
Responses click here concerning tax implications are informational only. Truist and its Reps do not give tax or lawful guidance. It is best to consult your specific tax or lawful professional just before getting any motion that may have tax or legal effects.
If a army lender delineates all the America and its territories as its sole facility-based mostly assessment location pursuant to § 228.16(d), the Board evaluates the bank completely within the establishment level based on its performance in its sole facility-centered assessment space.
(i) An intermediate bank's community enhancement performance is evaluated pursuant to the subsequent requirements:
In Each and every relevant Retail Lending Examination Region, the Board evaluates originated and purchased loans in Just about every of the next product strains that is a big product line, as explained in paragraph (d)(two) of the part:
Pursuant to § 228.28 and appendix C to this section, the Board assigns conclusions for your bank's Retail Solutions and Products Exam effectiveness in Each and every facility-based evaluation region, Point out and multistate MSA, as applicable, and with the institution.
(i) The number of retail banking companies and retail banking products presented via digital supply methods together with other delivery techniques;
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