228 loan Options
228 loan Options
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A bank might specify choice weights for averaging test functionality across evaluation regions or other geographic areas. These different weights needs to be based upon the bank's capability and Neighborhood requires and options in unique geographic parts.
The Board considers Neighborhood progress loans and Local community enhancement investments allotted pursuant to paragraph I.b of appendix B to this component.
Disaster preparedness and temperature resiliency functions support individuals and communities to prepare for, adapt to, and face up to normal disasters or temperature-connected dangers or disasters. Disaster preparedness and temperature resiliency actions advantage or provide focused census tracts and:
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The Board may well approve a program immediately after considering the standards in paragraph (h)(3) of the part and if it establishes the financial institution has presented satisfactory justification to the prepare and each element of the system as necessary in paragraph (d) of this portion.
The Board considers the weighted normal of your overall performance scores akin to the bank's Group Improvement Funding Check conclusions for its facility-based assessment spots in the State, pursuant to part IV of appendix B to this aspect.
In advance of distributing a draft plan to the Board for approval pursuant to paragraph (h) of the part, a lender will have to:
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(3) The range and dollar volume of little company loans and smaller farm loans located inside Every facility-centered assessment spot and retail lending evaluation area claimed from the financial institution plus the amount and dollar quantity of compact enterprise loans and modest farm loans Situated beyond the power-primarily based assessment regions and retail lending evaluation spots reported by the bank; and
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) The range of retail banking providers and retail banking solutions made available through electronic supply devices and other shipping units; and