§__.12(h) Regional Area Definition

§__.12(h) – 7

Q: What is meant by the term “regional area”?

A7. A “regional area” may be an intrastate area or a multistate area that includes the financial institution’s assessment area(s). Regional areas typically have some geographic, demographic, and/or economic interdependencies and may conform to commonly accepted delineations, such as “the tri-county area” or the “mid-Atlantic states.” Regions are often defined by the geographic scope and specific purpose of a community development organization or initiative.


Source: Interagency Questions & Answers Regarding Community Reinvestment | July 2016

Related Articles

Leave A Comment?

You must be logged in to post a comment.