§__.42(a) CRA Data Collection on Non-Domestic Loans

§__.42(a) – 8

Q: When collecting small business and small farm data on CRA purposes, may an institution collect and report information about loans to small businesses and small farms located outside the United States?

A8. At an institution’s option, it may collect data about small business and small farm loans located outside the United States; however, it cannot report this data because the CRA data collection software will not accept data concerning loan locations outside the United States.

 

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

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