three. The efficiency threshold for just a “Reduced Satisfactory” supporting conclusion may be the lesser of both:
For a significant financial institution necessary to report household mortgage loan facts pursuant to twelve CFR section 1003, the Board will publish around the Board's Site the data essential by paragraph (j)(two) of this segment regarding the distribution of a large bank's originations and apps of home mortgage loan loans by borrower or applicant profits amount, race, and ethnicity in each of the financial institution's facility-based evaluation areas, and as relevant, its retail lending assessment places. This data is released every year depending on info described pursuant to 12 CFR component 1003.
The greenback volume with the restricted objective bank's Local community enhancement loans and community improvement investments that benefit or serve the State or multistate MSA and a review in the effects and responsiveness of These loans and investments, as supplied in § 228.15.
) Particular information regarding the dollar quantity of the community enhancement loan or Neighborhood growth expense that was allocated to every county served through the loan or investment decision, if readily available.
For vehicle loans, the Board compares a lender's geographic and borrower distributions into the relevant Neighborhood benchmarks, as offered in paragraph (f) of this section and segment VI of appendix A to this component.
(4) Are supplied to men and women in a office wherever the vast majority of workforce are low- or moderate-income, dependant on U.S. Bureau of Labor Statistics details for the standard wage for staff in that exact occupation or market;
(iii) A listing exhibiting each census tract during which the lender noted a small enterprise loan or a small farm loan;
The Board compares each Geographic Lender Metric to your general performance ranges furnished in paragraphs V.b.1 by V.b.five of this appendix. The geographic distribution supporting summary for every class of specified census tracts is set because of the effectiveness range inside which the Geographic Financial institution Metric falls.
(6) A map of every facility-centered evaluation place and, as applicable, Just about every retail lending assessment spot displaying the boundaries of the realm and pinpointing the census tracts contained in the area, both on the map or inside of a independent listing; and
The Board considers the loans, investments, services, and products and solutions of affiliates of a financial institution that aren't functions subsidiaries, in the lender's solution, matter to the following:
The Board considers the weighted common with the functionality scores comparable to the bank's Neighborhood Enhancement Financing Check conclusions for its facility-dependent evaluation locations in the Condition, pursuant to section IV of appendix B to this section.
(B) A financial institution in addition to a sizable lender might consist of check here a Neighborhood progress solutions element and accompanying yearly measurable targets in its system.
iii. If a lender has not gathered, maintained, or reported loan details on a product line inside of a facility-based mostly evaluation region or outside the house retail lending location for a number of a long time of the analysis period, the products line is A significant item line Should the Board determines which the solution line is product for the lender's small business in the power-based assessment space or outside retail lending spot.
(A) Brings together the effectiveness scores for each supporting conclusion for every key item line into an item line score; and