12 CFR §345.29 Effect of CRA performance on applications
§ 345.29 Effect of CRA performance on applications. (a) CRA performance. Among other factors, the FDIC takes into account the record of performance under the CRA of each applicant bank in considering an application for approval of: (1) The establishment of a domestic branch or other facility with the ability to accept deposits; (2) The relocation…
12 CFR §345.41 Assessment area delineation
§ 345.41 Assessment area delineation. (a) In general. A bank shall delineate one or more assessment areas within which the FDIC evaluates the bank’s record of helping to meet the credit needs of its community. The FDIC does not evaluate the bank’s delineation of its assessment area(s) as a separate performance criterion, but the FDIC reviews…
12 CFR §345.42 Data collection, reporting, and disclosure
§ 345.42 Data collection, reporting, and disclosure. (a) Loan information required to be collected and maintained. A bank, except a small bank, shall collect, and maintain in machine readable form (as prescribed by the FDIC) until the completion of its next CRA examination, the following data for each small business or small farm loan originated or…
12 CFR §345.43 Content and availability of public file
§ 345.43 Content and availability of public file. (a) Information available to the public. A bank shall maintain a public file that includes the following information: (1) All written comments received from the public for the current year and each of the prior two calendar years that specifically relate to the bank’s performance in helping to…
12 CFR §345.44 Public notice by banks
§ 345.44 Public notice by banks. A bank shall provide in the public lobby of its main office and each of its branches the appropriate public notice set forth in Appendix B of this part. Only a branch of a bank having more than one assessment area shall include the bracketed material in the notice for…
12 CFR §345.45 Publication of planned examination schedule
§ 345.45 Publication of planned examination schedule. The FDIC publishes at least 30 days in advance of the beginning of each calendar quarter a list of banks scheduled for CRA examinations in that quarter.
Appendix A to Part 345 – Ratings
Appendix A to Part 345—Ratings (a) Ratings in general. (1) In assigning a rating, the FDIC evaluates a bank’s performance under the applicable performance criteria in this part, in accordance with §§345.21 and 345.28. This includes consideration of low-cost education loans provided to low-income borrowers and activities in cooperation with minority- or women-owned financial institutions…
Appendix B to Part 345 – CRA Notice
Appendix B to Part 345—CRA Notice (a) Notice for main offices and, if an interstate bank, one branch office in each state. Community Reinvestment Act Notice Under the Federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe…
12 CFR §228.11 Authority, purposes and scope
§228.11 Authority, purposes, and scope. (a) Authority. The Board of Governors of the Federal Reserve System (the Board) issues this part to implement the Community Reinvestment Act (12 U.S.C. 2901 et seq.) (CRA). The regulations comprising this part are issued under the authority of the CRA and under the provisions of the United States Code authorizing…
12 CFR §228.12 Definitions
§228.12 Definitions. For purposes of this part, the following definitions apply: (a) Affiliate means any company that controls, is controlled by, or is under common control with another company. The term “control” has the meaning given to that term in 12 U.S.C. 1841(a)(2), and a company is under common control with another company if both companies…