12 CFR 345.23 - Investment test.

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There is 1 rule appearing in the Federal Register for 12 CFR 345. View below or at eCFR (GPOAccess)
§ 345.23 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 may not be considered under the investment test.
(c) Affiliate investment. At a bank's option, the FDIC will consider, in its assessment of a bank's investment performance, a qualified investment made by an affiliate of the bank, if the qualified investment is not claimed by any other institution.
(d) Disposition of branch premises. Donating, selling on favorable terms, or making available on a rent-free basis a branch of the bank that is located in a predominantly minority neighborhood to a minority depository institution or women's depository institution (as these terms are defined in 12 U.S.C. 2907(b)) will be considered as a qualified investment.
(e) Performance criteria. The FDIC evaluates the investment performance of a bank pursuant to the following criteria:
(1) The dollar amount of qualified investments;
(2) The innovativeness or complexity of qualified investments;
(3) The responsiveness of qualified investments to credit and community development needs; and
(4) The degree to which the qualified investments are not routinely provided by private investors.
(f) Investment performance rating. The FDIC rates a bank's investment performance as provided in Appendix A of this part.

Title 12 published on 2014-01-01

The following are only the Rules published in the Federal Register after the published date of Title 12.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-12-29; vol. 79 # 248 - Monday, December 29, 2014
    1. 79 FR 77852 - Community Reinvestment Act Regulations
      GPO FDSys XML | Text
      DEPARTMENT OF THE TREASURY, FEDERAL RESERVE SYSTEM, FEDERAL DEPOSIT INSURANCE CORPORATION, Office of the Comptroller of the Currency
      Joint final rule; technical amendment.
      Effective January 1, 2015.
      12 CFR Parts 25 and 195

Title 12 published on 2014-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR 345 after this date.

  • 2014-12-29; vol. 79 # 248 - Monday, December 29, 2014
    1. 79 FR 77852 - Community Reinvestment Act Regulations
      GPO FDSys XML | Text
      DEPARTMENT OF THE TREASURY, FEDERAL RESERVE SYSTEM, FEDERAL DEPOSIT INSURANCE CORPORATION, Office of the Comptroller of the Currency
      Joint final rule; technical amendment.
      Effective January 1, 2015.
      12 CFR Parts 25 and 195