§__.26(d) Small Institution Activities Outside Assessment Areas

§__.26(d) – 2

Q: Will a small institution’s qualified investments, community development loans, and community development services be considered if they do not directly benefit its assessment area(s)?

A2. Yes.  These activities are eligible for consideration if they benefit a benefit a broader statewide or regional area that includes a small institution’s assessment area(s), as discussed more fully in Q&As §__.12(h) – 6 and §__.12(h) – 7.


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

Last modified April 28, 2023