12 CFR §25.45 Publication of planned examination schedule
§25.45 Publication of planned examination schedule. The OCC 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.
12 CFR §25.61 Purpose and scope
§25.61 Purpose and scope. (a) Purpose. The purpose of this subpart is to implement section 109 (12 U.S.C. 1835a) of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (Interstate Act). (b) Scope. (1) This subpart applies to any national bank that has operated a covered interstate branch for a period of at least one…
12 CFR §25.62 Definitions
§25.62 Definitions. For purposes of this subpart, the following definitions apply: (a) Bank means, unless the context indicates otherwise: (1) A national bank; and (2) A foreign bank as that term is defined in 12 U.S.C. 3101(7) and 12 CFR 28.11(j). (b) Covered interstate branch means: (1) Any branch of a national bank, and any Federal…
12 CFR §25.63 Loan-to-deposit ratio screen
§25.63 Loan-to-deposit ratio screen. (a) Application of screen. Beginning no earlier than one year after a covered interstate branch is acquired or established, the OCC will consider whether the bank’s statewide loan-to-deposit ratio is less than 50 percent of the relevant host State loan-to-deposit ratio. (b) Results of screen. (1) If the OCC determines that the…
12 CFR §25.64 Credit needs determination
§25.64 Credit needs determination. (a) In general. The OCC will review the loan portfolio of the bank and determine whether the bank is reasonably helping to meet the credit needs of the communities in the host state that are served by the bank. (b) Guidelines. The OCC will use the following considerations as guidelines when making…
12 CFR §25.65 Sanctions
§25.65 Sanctions. (a) In general. If the OCC determines that a bank is not reasonably helping to meet the credit needs of the communities served by the bank in the host state, and that the bank’s statewide loan-to-deposit ratio is less than 50 percent of the host state loan-to-deposit ratio, the OCC: (1) May order that…
Appendix A to Part 25 – Ratings
Appendix A to Part 25—Ratings (a) Ratings in general. (1) In assigning a rating, the OCC evaluates a bank’s performance under the applicable performance criteria in this part, in accordance with §§25.21 and 25.28. 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 25 – CRA Notice
Appendix B to Part 25—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 Comptroller of the Currency evaluates our record of helping to meet the credit needs of this community consistent with safe and…
§__.11(c)(3) Special Purpose Institution Exclusivity
§§__.11(c)(3) & 195.11(c)(2) – 1 Q: Is the list of special purpose institutions exclusive? A1: No, there may be other examples of special purpose institutions. These institutions engage in specialized activities that do not involve granting credit to the public in the ordinary course of business. Special purpose institutions typically serve as correspondent banks, trust…
§__.11(c)(3) Special Purpose Institution Activities
§§__.11(c)(3) & 195.11(c)(2) – 2 Q: To be a special purpose institution, must an institution limit its activities in its charter? A2: No. A special purpose institution may, but is not required to, limit the scope of its activities in its charter, articles of association, or other corporate organizational documents. An institution that does not have legal…