Inside a facility-dependent assessment spot or outside retail lending spot, an item line is a major product or service line In case the bank's loans in that products line comprise 15 percent or even more from the financial institution's loans throughout all of the bank's merchandise strains in the power-based evaluation region or outdoors retail lending place, as identified pursuant to paragraph II.b.1 of appendix A to this component.
(two) A nonmetropolitan middle-income census tract is specified as underserved if it satisfies the factors for population measurement, density, and dispersion that suggest the world's populace is sufficiently compact, slender, and distant from the inhabitants center that the census tract is probably going to acquire issue financing the fastened fees of Conference critical community requirements.
In Just about every applicable Retail Lending Examination Region, the Board evaluates originated and purchased loans in Every single of the subsequent item traces That may be a main product or service line, as explained in paragraph (d)(2) of this segment:
The Board considers evidence of discriminatory or other unlawful credit rating procedures described On this segment by:
means a closed-stop household home loan loan or an open-stop household mortgage loan as these terms are defined With this portion.
(four) Missing or faulty information that may be important to estimate the pertinent metrics and benchmarks or any other components that avert the Board from calculating a Retail Lending Test encouraged conclusion.
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The Board's consideration in the remote provider facility distribution metrics is knowledgeable by the next benchmarks:
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Pursuant to § 228.28 and paragraph f of appendix D to this component, the Board incorporates the conclusions of a lender evaluated less than an authorised system into its Condition or multistate MSA ratings, as applicable, and its institution score, accounting for paragraph g.2 of appendix D to this component, as relevant.
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(i) The variety of retail banking solutions and retail banking products and solutions supplied as a result of electronic delivery programs as website well as other shipping methods;
(B) The Board evaluates the modest bank for that evaluation interval preceding the lender's following CRA examination pursuant to your Retail Lending Check in § 228.22 and proceeds evaluations beneath this overall performance take a look at for subsequent evaluation intervals until the financial institution opts out.
For every major merchandise line, the Board develops a separate supporting conclusion for each group of census tracts and every category of borrowers described in paragraphs V.a and VI.a of appendix A to this section.