Intermediate Bank Community Development Test.
Intermediate Bank Community Development Test.
(i) An intermediate bank's community development performance is evaluated pursuant to the following criteria:
(A) The number and dollar amount of community development loans;
(B) The number and dollar amount of community development investments;
(C) The extent to which the bank provides community development services; and
(D) The bank's responsiveness through such community development loans, community development investments, and community development services to community development needs. The FDIC's evaluation of the responsiveness of the bank's activities is informed by information provided by the bank, and may be informed by the impact and responsiveness review factors described in ยง 345.15(b).
(ii) The FDIC considers an intermediate bank's community development loans, community development investments, and community development services without regard to whether the activity is made in one or more of the bank's facility-based assessment areas. The extent of the FDIC's consideration of community development loans, community development investments, and community development services outside of the bank's facility-based assessment areas will depend on the adequacy of the bank's responsiveness to community development needs and opportunities within the bank's facility-based assessment areas and applicable performance context information.