Large Institutions | Examination Scope
For institutions (interstate and intrastate) with more than one assessment area, identify assessment areas for a full-scope review. A full-scope review is accomplished when examiners complete all of the procedures for an assessment area. For interstate institutions, a minimum of one assessment area from each state, and a minimum of one assessment area from each…
Large Institutions | Performance Context
1. Review standardized worksheets and other agency information sources to obtain relevant demographic, economic, and loan data, to the extent available, for each assessment area under review. Compare the data to similar data for the MSA/MD, county, or state to determine how any similarities or differences will help in evaluating lending, investment, and service opportunities…
Large Institutions | Assessment Area
1. Review the institution’s stated assessment area(s) to ensure that it: a. Consists of one or more MSAs/MDs or contiguous political subdivisions (i.e., counties, cities, or towns); b. Includes the geographies where the institution has its main office, branches, and deposittaking (Automated Teller Machines) ATMs, as well as the surrounding geographies in which the institution…
Large Institutions | Lending Test
1. Identify the institution’s loans to be evaluated by reviewing: a. The most recent HMDA and CRA Disclosure Statements, the interim HMDA Loan Application Register (LAR), and any interim CRA loan data collected by the institution; b. A sample of consumer loans if consumer lending represents a substantial majority of the institution’s business so that…
Large Institutions | Investment Test
1. Identify qualified investments by reviewing the institution’s investment portfolio, and at the institution’s option, its affiliate’s investment portfolio. As necessary, obtain a prospectus, or other information that describes the investment(s) and the geographic area(s) or population(s) served. This review should encompass qualified investments, including investments in a broader statewide or regional area and in…
Large Institutions | Service Test | Retail Banking Services
1. Determine from information available in the institution’s public file: a. The distribution of the institution’s branches among low-, moderate-, middle-, and upperincome geographies in the institution’s assessment area(s); and b. Banking services, including hours of operation and available loan and deposit products. 2. Obtain the institution’s explanation for any material differences in the hours…
Large Institutions | Service Test | Community Development Services
For items #1 – #5, see the related article “Large Institutions | Service Test | Community Development Services| 6. Identify the institution’s community development services including, at the institution’s option, services through affiliates. Hold discussions with management and review available materials. Determine: a. Whether services have been considered under the lending or investments tests:…
Large Institutions | Ratings
1. Group the analyses of the assessment areas examined by MSA3 and nonmetropolitan areas within each state where the institution has branches. If an institution has branches in two or more states of a multistate MSA, group the assessment areas that are in that multistate MSA. 2. Summarize conclusions regarding the institution’s performance in each…
Large Institutions | Public File Checklist
1. There is no need to review each branch or each complete public file during every examination. In determining the extent to which the institution’s public files will be reviewed, consider the institution’s record of compliance with the public file requirements in previous examinations; its branching structure and changes to it since its last examination;…
Large Institutions | Appendix to CRA Examination Procedures
Community Development Loans and Services and Qualified Investments Qualified community development (CD) activities in the assessment area (AA) or the broader statewide or regional area that includes the AA(s) Has a purpose, mandate, or function that includes serving the AA Does not have a purpose, mandate, or function that includes serving the AA…