12 CFR §25.11 Authority, purposes, and scope
§25.11 Authority, purposes, and scope. (a) Authority and OMB control number—(1) Authority. The authority for subparts A, B, C, D, and E is 12 U.S.C. 21, 22, 26, 27, 30, 36, 93a, 161, 215, 215a, 481, 1814, 1816, 1828(c), 1835a, 2901 through 2907, 3101 through 3111 and 5412(b)(2)(B). (2) OMB control number. The information collection requirements…
12 CFR §25.12 Definitions
§25.12 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…
12 CFR §25.21 Performance tests, standards, and ratings, in general
§25.21 Performance tests, standards, and ratings, in general. (a) Performance tests and standards. The OCC assesses the CRA performance of a bank in an examination as follows: (1) Lending, investment, and service tests. The OCC applies the lending, investment, and service tests, as provided in §§25.22 through 25.24, in evaluating the performance of a bank, except…
12 CFR §25.22 Lending test
§25.22 Lending test. (a) Scope of test. (1) The lending test evaluates a bank’s record of helping to meet the credit needs of its assessment area(s) through its lending activities by considering a bank’s home mortgage, small business, small farm, and community development lending. If consumer lending constitutes a substantial majority of a bank’s business, the…
12 CFR §25.23 Investment test
§25.23 Investment test. (a) Scope of test. The investment test evaluates a bank’s record of helping to meet the credit needs of its assessment area(s) through qualified investments that benefit its assessment area(s) or a broader statewide or regional area that includes the bank’s assessment area(s). (b) Exclusion. Activities considered under the lending or service tests…
12 CFR §25.24 Service test
§25.24 Service test. (a) Scope of test. The service test evaluates a bank’s record of helping to meet the credit needs of its assessment area(s) by analyzing both the availability and effectiveness of a bank’s systems for delivering retail banking services and the extent and innovativeness of its community development services. (b) Area(s) benefitted. Community development…
12 CFR §25.25 Community development test for wholesale or limited purposes banks
§25.25 Community development test for wholesale or limited purpose banks. (a) Scope of test. The OCC assesses a wholesale or limited purpose bank’s record of helping to meet the credit needs of its assessment area(s) under the community development test through its community development lending, qualified investments, or community development services. (b) Designation as a wholesale…
12 CFR §25.26 Small bank performance standards
§25.26 Small bank performance standards. (a) Performance criteria—(1) Small banks that are not intermediate small banks. The OCC evaluates the record of a small bank that is not, or that was not during the prior calendar year, an intermediate small bank, of helping to meet the credit needs of its assessment area(s) pursuant to the criteria…
12 CFR §25.27 Strategic Plan
§25.27 Strategic plan. (a) Alternative election. The OCC will assess a bank’s record of helping to meet the credit needs of its assessment area(s) under a strategic plan if: (1) The bank has submitted the plan to the OCC as provided for in this section; (2) The OCC has approved the plan; (3) The plan is…
12 CFR §25.28 Assigned ratings
§25.28 Assigned ratings. (a) Ratings in general. Subject to paragraphs (b) and (c) of this section, the OCC assigns to a bank a rating of “outstanding,” “satisfactory,” “needs to improve,” or “substantial noncompliance” based on the bank’s performance under the lending, investment and service tests, the community development test, the small bank performance standards, or an…