usually means any company that controls, is controlled by, or is below widespread Handle with One more firm. The term “Command” has the which means supplied to that time period in twelve U.
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suggests, notwithstanding the definition of “little farm” in this area, a loan included in “loans to tiny farms” as noted in Plan RC-C of the Call Report.
(A) Distributing the Preliminary draft plan for publication over the Board's Internet site and by publishing the Original draft system over the financial institution's Web site, if the lender maintains one particular; and
The Restricted Goal Bank Community Development Funding Metric actions the greenback volume of the financial institution's Neighborhood development loans and Group growth investments that profit or serve all or Element of the nationwide area in comparison with the bank's assets calculated pursuant to paragraph III.a of appendix B to this section.
(i) A financial institution might integrate overall performance analysis factors and accompanying yearly measurable goals For extra geographic spots but may well not eradicate the evaluation of its general performance in any geographic region that may be included in its performance evaluation while in the absence of the authorized system.
The Board weights the lender's overall performance rating for that performance checks relevant to an intermediate bank as follows:
A financial institution must delineate a number of facility-based evaluation spots within which the Board evaluates the lender's history of helping to satisfy the credit needs of its entire community pursuant for the general performance assessments and strategic program explained in § 228.21.
The Lender Assessment Location Neighborhood Growth Funding Metric steps the greenback quantity of a financial institution's Neighborhood progress loans and Local community progress investments that reward or serve a facility-primarily based assessment space in comparison to deposits within the lender that can be found in the ability-primarily based assessment space, calculated pursuant to paragraph II.a of appendix B to this section.
An Modification into a plan will have to comply with all relevant demands of the area, Except if the Board waives a requirement as not relevant.
The Board evaluates an intermediate lender's report of helping to meet the credit requires of its full Local community pursuant on the Retail Lending Examination in § 228.
Any facility-based evaluation area, retail lending evaluation location, outside the house retail lending spot, or other geographic location that would be evaluated during the absence of an approved approach, but is just not A part of an accredited plan, are going to be evaluated read more pursuant for the overall performance assessments that would use during the absence of an permitted plan.
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(B) The extent to which the plan has sufficiently justified the necessity for the strategy and every aspect of the strategy as expected in paragraph (d) of the section.