Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 12 - Banks and Banking |
Chapter III - Federal Deposit Insurance Corporation |
SubChapter A - Procedure and Rules of Practice |
Part 303 - Filing Procedures |
Subpart A - Rules of General Applicability |
§ 303.5 - Effect of Community Reinvestment Act performance on filings.
Latest version.
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§ 303.5 Effect of Community Reinvestment Act performance on filings.
Among other factors, the FDIC takes into account the record of performance under the Community Reinvestment Act (CRA) of each applicant in considering a filing for approval of:
(a) The establishment of a domestic branch;
(b) The relocation of the bank's main office or a domestic branch;
(c) The relocation of an insured branch of a foreign bank;
(d) A transaction subject to the Bank Merger Act; and
(e) Deposit insurance.