§ 303.5. Effect of Community Reinvestment Act performance on filings.
71 words·~1 min read·
/us/cfr/t12/s§ 303.5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.