228 loan - An Overview
The Board or its appointed agent, prepares per year, for every MSA or metropolitan division (like an MSA or metropolitan division that crosses a State boundary) as well as the nonmetropolitan portion of each Point out, an aggregate disclosure statement of noted little business lending, tiny farm lending, community progress lending, and Group enhancement investments by all depository establishments matter to reporting under this section or 12 CFR component twenty five or 345.You can e mail the website operator to let them know you ended up blocked. Make sure you involve That which you had been executing when this site arrived up along with the Cloudflare Ray ID found at the bottom of the web site.
usually means the effectiveness of volunteer providers by a financial institution's or its affiliate's board customers or workers, done on behalf of the bank, the place those companies:
(one) For banks that retain a website, all information expected for your financial institution's general public file beneath this portion have to be maintained about the financial institution's Web-site.
(ix) An indicator for if the loan was to a business or farm with gross yearly revenues increased than $one million; and
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If you have concerns to the Agency that issued The present doc be sure to Speak to the company directly.
The Board opinions the impression and responsiveness with the bank's community enhancement loans and Local community development investments that profit or serve the nationwide region, as delivered in ยง 228.15.
(iv) The community development services requires of its facility-dependent assessment spots served via the financial institution which can be included because of the program.
Over the time period of the approach, a bank may possibly request the Board to approve an amendment towards the program while in the absence of a fabric modify in situations.
(B) In just five calendar days on the ask for, all the information that the financial institution is needed to keep up below this area in the general public file referring to the ability-centered assessment location where the department is situated.
The Board evaluates a confined purpose financial institution's Group improvement funding efficiency in the facility-primarily based assessment location and assigns a conclusion in the facility-centered evaluation space determined by the Board's:
(B) Any counties by which the big financial institution did not originate any closed-finish residence home finance loan loans or compact company loans which can be documented loans through that calendar 12 months.
(one) For banking institutions that click here preserve a web site, all data essential to the bank's general public file beneath this segment must be preserved about the bank's Web-site.