12 CFR 917.5 - Strategic business plan.

§ 917.5 Strategic business plan.
(a) Adoption of strategic business plan. Beginning on July 30, 2000, each Bank's board of directors shall have in effect at all times a strategic business plan that describes how the business activities of the Bank will achieve the mission of the Bank consistent with part 940 of this chapter. Specifically, each Bank's strategic business plan shall:
(1) Enumerate operating goals and objectives for each major business activity and for all new business activities, which must include plans for maximizing activities that enhance the carrying out of the mission of the Bank, consistent with part 940 of this chapter;
(2) Discuss how the Bank will:
(i) Address credit needs and market opportunities identified through ongoing market research and consultations with members, associates and public and private organizations; and
(ii) Notify members and associates of relevant programs and initiatives;
(3) Establish quantitative performance goals for Bank products related to multi-family housing, small business, small farm and small agri-business lending;
(4) Describe any proposed new business activities or enhancements of existing activities; and
(5) Be supported by appropriate and timely research and analysis of relevant market developments and member and associate demand for Bank products and services.
(b) Review and monitoring. Each Bank's board of directors shall:
(1) Review the Bank's strategic business plan at least annually;
(2) Amend the strategic business plan as appropriate;
(3) Re-adopt the Bank's strategic business plan, including interim amendments, not less often than every three years; and
(4) Establish management reporting requirements and monitor implementation of the strategic business plan and the operating goals and objectives contained therein.
(c) Report to Finance Board. Each Bank shall submit to the Finance Board annually a report analyzing and describing the Bank's performance in achieving the goals described in paragraph (a)(3) of this section.
[65 FR 25274, May 1, 2000, as amended at 67 FR 12846, Mar. 20, 2002]

Title 12 published on 2014-01-01

no entries appear in the Federal Register after this date.

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United States Code

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 917 after this date.

  • 2014-02-28; vol. 79 # 40 - Friday, February 28, 2014
    1. 79 FR 11350 - Responsibilities of Boards of Directors, Corporate Practices and Corporate Governance Matters
      GPO FDSys XML | Text
      FEDERAL HOUSING FINANCE AGENCY, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, FEDERAL HOUSING FINANCE BOARD, Office of Federal Housing Enterprise Oversight
      Notice of proposed rulemaking; extension of comment period.
      The comment period for the proposed rule published January 28, 2014, at 79 FR 4414, is extended. Written comments must be received on or before May 15, 2014. For additional information, see the SUPPLEMENTARY INFORMATION section.
      12 CFR Parts 914 and 917