(five) If the Retail Lending Exam suggested conclusion won't accurately mirror the bank's general performance in the Retail Lending Take a look at Area by which a number of of your financial institution's key products lines is made of less than thirty loans;
(v) To amass possession or control of shares or all or considerably all the assets of the cost savings association, to lead to a discounts association to be a subsidiary of the discounts and loan Keeping business, or to merge or consolidate a savings and loan Keeping firm with every other financial savings and loan holding corporation inside a transaction that needs acceptance underneath section 10 of the house Homeowners' Loan Act (12 U.S.C. 1467a).
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Responsive credit history merchandise and applications may perhaps consist of, but usually are not limited to, credit history goods and programs that:
The CRA and this section will not require a lender to originate or acquire loans or investments or to provide products and services which have been inconsistent with Safe and sound and sound banking tactics, like underwriting specifications.
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In assigning Retail Lending Exam conclusions for the State pursuant to § 228.22(h), the Board will not contemplate a lender's pursuits to be within the Condition if those pursuits occur inside a retail lending assessment space consisting of counties in more than one Condition.
) A financial institution could use different weights for combining the borrower and geographic distribution analyses for important merchandise line(s) or other loan merchandise.
Loans, investments, and services that assistance little organizations or modest farms in accordance with how modest corporations and smaller farms are described from the applicable program, system, or initiative, but excluding loans by a financial institution directly to small businesses or compact farms (possibly as outlined inside a authorities plan, application, or initiative or in § 228.
(two) A retail lending evaluation space might not extend past a Condition boundary Until the retail lending evaluation area includes counties within a multistate MSA.
(A) The Board considers the electronic shipping and delivery methods and other shipping techniques of the subsequent financial institutions: