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The Board considers the weighted typical of the overall performance scores corresponding to the lender's conclusions for the Community Enhancement Financing Check for its facility-based evaluation parts inside the nationwide location, calculated pursuant to part IV of appendix B to this element.
The Board considers community progress loans and community growth investments allotted pursuant to paragraph I.b of appendix B to this element.
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The Board may well change a minimal reason financial institution's institution ranking from “Satisfactory” to “Superb” where by a financial institution requests and receives additional thing to consider for services that may qualify beneath the Neighborhood Improvement Solutions Test in § 228.25.
Affiliated depository establishments supervised by the same Federal monetary supervisory agency may get ready a joint plan, supplied that the approach features, for every financial institution, the applicable overall performance tests that may implement from the absence of an authorized strategy.
(iii) Any situations further than the Charge of the financial institution, including financial ailments or other current market aspects or events, that have adversely impacted the lender's capability to execute.
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(one) Evidence of see publication and a description of its initiatives to hunt enter from members of the public, which includes persons and corporations the lender contacted And just how the bank gathered details;
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(ii) The Board considers an intermediate lender's community growth loans, Group improvement investments, and Neighborhood progress services without having regard to if the exercise is built in a number of of the bank's facility-primarily based assessment regions. The extent with the Board's thing to consider of Local community growth loans, Group development investments, and community development products and services beyond the financial institution's facility-dependent evaluation parts will count on the adequacy of your lender's responsiveness to Neighborhood advancement demands and prospects in the financial institution's facility-primarily based assessment places and relevant effectiveness context facts.
b of appendix A to this portion for facility-based assessment regions and retail lending evaluation spots, and paragraph IV.d of appendix A to this component for out of doors retail lending parts; and
During the term of the system, a financial institution may check here possibly request the Board to approve an Modification into the system from the absence of a fabric alter in circumstances.