Title 12—Banks and Banking--Volume 1
PART 25—COMMUNITY REINVESTMENT ACT AND INTERSTATE DEPOSIT PRODUCTION REGULATIONS
§ 25.42   Data collection, reporting, and disclosure.
(a) Information required to be collected and maintained —(1) Small business loans and small farm loans data. A large bank or savings association must collect and maintain in electronic form, as prescribed by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the following data for each small business loan or small farm loan originated or purchased by the bank or savings association during the evaluation period:
(i) A unique number or alpha-numeric symbol that can be used to identify the relevant loan file;
(ii) An indicator for the loan type as reported on the bank's or savings association's Call Report or Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks, as applicable.
(iii) The date of the loan origination or purchase;
(iv) The loan amount at origination or purchase;
(v) The loan location, including State, county, and census tract;
(vi) An indicator for whether the loan was originated or purchased by the bank or savings association;
(vii) An indicator for whether the loan was to a business or farm with gross annual revenues of $250,000 or less;
(viii) An indicator for whether the loan was to a business or farm with gross annual revenues greater than $250,000 but less than or equal to $1 million;
(ix) An indicator for whether the loan was to a business or farm with gross annual revenues greater than $1 million; and
(x) An indicator for whether the loan was to a business or farm for which gross annual revenues are not known by the bank or savings association.
(2) Consumer loans data — automobile loans —(i) Large banks or savings associations. A large bank or savings association for which automobile loans are a product line must collect and maintain in electronic form, as prescribed by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data is evaluated, the data described in paragraphs (a)(2)(iii)(A) through (F) of this section for each automobile loan originated or purchased by the bank or savings association during the evaluation period.
(ii) Intermediate or small banks or savings associations. An intermediate bank or savings association or a small bank or savings association for which automobile loans are a product line may collect and maintain in a format of the bank's or savings association's choosing, including in an electronic form prescribed by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the data described in paragraphs (a)(2)(iii)(A) through (F) of this section for each automobile loan originated or purchased by the bank or savings association during the evaluation period.
(iii) Data collected and maintained. Data collected and maintained pursuant to paragraph (a)(2)(i) or (ii) of this section include the following:
(A) A unique number or alpha-numeric symbol that can be used to identify the relevant loan file;
(B) The date of the loan origination or purchase;
(C) The loan amount at origination or purchase;
(D) The loan location, including State, county, and census tract;
(E) An indicator for whether the loan was originated or purchased by the bank or savings association; and
(F) The gross annual income relied on in making the credit decision.
(3) Home mortgage loans. (i) If a large bank or savings association is subject to reporting under 12 CFR part 1003, the bank or savings association must collect and maintain, in electronic form, as prescribed by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the location of each home mortgage loan application, origination, or purchase outside the MSAs in which the bank or savings association has a home or branch office (or outside any MSA) pursuant to the requirements in 12 CFR 1003.4(e).
(ii) If a large bank or savings association is not subject to reporting under 12 CFR part 1003 due to the location of its branches, but would otherwise meet the Home Mortgage Disclosure Act (HMDA) size and lending activity requirements pursuant to 12 CFR part 1003, the bank or savings association must collect and maintain, in electronic form, as prescribed by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the following data, for each closed-end home mortgage loan, excluding multifamily loans, originated or purchased during the evaluation period:
(A) A unique number or alpha-numeric symbol that can be used to identify the relevant loan file;
(B) The date of the loan origination or purchase;
(C) The loan amount at origination or purchase;
(D) The location of each home mortgage loan origination or purchase, including State, county, and census tract;
(E) The gross annual income relied on in making the credit decision; and
(F) An indicator for whether the loan was originated or purchased by the bank or savings association.
(4) Retail banking services and retail banking products data —(i) Branches and remote service facilities. A large bank or savings association must collect and maintain in electronic form, as prescribed by the appropriate Federal banking agency, until completion of the bank's or savings association's next CRA examination in which the data are evaluated, the following data with respect to retail banking services and retail banking products offered and provided by the bank or savings association during each calendar year:
(A) Location of branches, main offices described in § 25.23(a)(2), and remote service facilities. Location information must include:
( 1 ) Street address;
( 2 ) City;
( 3 ) County;
( 4 ) State;
( 5 ) Zip code; and
( 6 ) Census tract;
(B) An indicator for whether each branch is full-service or limited-service, and for each remote service facility whether it is deposit-taking, cash-advancing, or both;
(C) Locations and dates of branch, main office described in § 25.23(a)(2), and remote service facility openings and closings, as applicable;
(D) Hours of operation of each branch, main office described in § 25.23(a)(2), and remote service facility, as applicable; and
(E) Services offered at each branch or main office described in § 25.23(a)(2) that are responsive to low- and moderate-income individuals, families, or households and low- and moderate-income census tracts.
(ii) Digital delivery systems and other delivery systems data —(A) In general. A large bank or savings association that had assets greater than $10 billion as of December 31 in both of the prior two calendar years, a large bank or savings association that had assets less than or equal to $10 billion as of December 31 in either of the prior two calendar years that does not operate any branches or a main office described in § 25.23(a)(2), and a large bank or savings association that had assets less than or equal to $10 billion as of December 31 in either of the prior two calendar years that requests additional consideration for digital delivery systems and other delivery systems pursuant to § 25.23(b)(4), must collect and maintain in electronic form, as prescribed by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the data described in paragraph (a)(4)(ii)(B) of this section. A bank or savings association may opt to collect and maintain additional data pursuant to paragraph (a)(4)(ii)(C) of this section in a format of the bank's or savings association's own choosing.
(B) Required data. Pursuant to paragraph (a)(4)(ii)(A) of this section, a bank or savings association must collect and maintain the following data:
( 1 ) The range of retail banking services and retail banking products offered through digital delivery systems and other delivery systems; and
( 2 ) The digital delivery systems and other delivery systems activity by individuals, families, or households in low-, moderate-, middle-, and upper-income census tracts, as evidenced by:
( i ) The number of checking and savings accounts opened digitally and through other delivery systems by census tract income level for each calendar year; and
( ii ) The number of checking and savings accounts opened digitally and through other delivery systems that are active at the end of each calendar year by census tract income level for each calendar year.
(C) Optional data. Pursuant to paragraph (a)(4)(ii)(A) of this section, a bank or savings association may collect and maintain any additional information not required in paragraph (a)(4)(ii)(B) of this section that demonstrates that digital delivery systems and other delivery systems serve low- and moderate-income individuals, families, or households and low- and moderate-income census tracts.
(iii) Data for deposit products responsive to the needs of low- and moderate-income individuals, families, or households —(A) In general. A large bank or savings association that had assets greater than $10 billion as of December 31 in both of the prior two calendar years and a large bank or savings association that had assets less than or equal to $10 billion as of December 31 in either of the prior two calendar years that requests additional consideration for deposit products responsive to the needs of low- and moderate-income individuals, families, or households pursuant to § 25.23(c)(3), must collect and maintain in electronic form, as prescribed by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the data described in paragraph (a)(4)(iii)(B) of this section. A bank or savings association may opt to collect and maintain additional data pursuant to paragraph (a)(4)(iii)(C) of this section in a format of the bank's or savings association's choosing.
(B) Required data. Pursuant to paragraph (a)(4)(iii)(A) of this section, a bank or savings association must collect and maintain the following data:
( 1 ) The number of responsive deposit accounts opened and closed during each year of the evaluation period in low-, moderate-, middle-, and upper-income census tracts; and
( 2 ) In connection with paragraph (a)(4)(iii)(B)( 1 ) of this section, the percentage of responsive deposit accounts compared to total deposit accounts for each year of the evaluation period.
(C) Optional data. Pursuant to paragraph (a)(4)(iii)(A) of this section, a bank or savings association may collect and maintain any other information that demonstrates the availability and usage of the bank's or savings association's deposit products responsive to the needs of low- and moderate-income individuals, families, or households and low- and moderate-income census tracts.
(5) Community development loans and community development investments data. (i)(A) A large bank or savings association and a limited purpose bank or savings association that would be a large bank or savings association based on the asset size described in the definition of a large bank or savings association, must collect and maintain in electronic form, as prescribed by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the data listed in paragraph (a)(5)(ii) of this section for community development loans and community development investments originated, purchased, refinanced, renewed, or modified by the bank or savings association during the evaluation period.
(B) An intermediate bank or savings association that opts to be evaluated under the Community Development Financing Test in § 25.24 must collect and maintain in the format used by the bank or savings association in the normal course of business, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the data listed in paragraph (a)(5)(ii) of this section for community development loans and community development investments originated, purchased, refinanced, renewed, or modified by the bank or savings association during the evaluation period.
(ii) Pursuant to paragraphs (a)(5)(i)(A) and (B) of this section, a bank or savings association must collect and maintain, on an annual basis, the following data for community development loans and community development investments:
(A) General information on the loan or investment:
( 1 ) A unique number or alpha-numeric symbol that can be used to identify the loan or investment;
( 2 ) Date of origination, purchase, refinance, or renewal of the loan or investment;
( 3 ) Date the loan or investment was sold or paid off; and
( 4 ) The dollar amount of:
( i ) A community development loan originated or purchased, or a community development investment made, including a legally binding commitment to extend credit or a legally binding commitment to invest, in the calendar year, as described in paragraph I.a.1.i of appendix B to this part;
( ii ) Any increase in the calendar year to an existing community development loan that is refinanced or renewed or to an existing community development investment that is renewed;
( iii ) The outstanding balance of a community development loan originated, purchased, refinanced, or renewed in previous years or community development investment made or renewed in previous years, as of December 31 for each year that the loan or investment remains on the bank's or savings association's balance sheet; or
( iv ) The outstanding balance, less any increase reported in paragraph (a)(5)(ii)(A)( 4 )( ii ) of this section in the same calendar year, of a community development loan refinanced or renewed in a year subsequent to the year of origination or purchase, as of December 31 of the calendar year for each year that the loan remains on the bank's or savings association's balance sheet; or an existing community development investment renewed in a year subsequent to the year the investment was made as of December 31 for each year that the investment remains on the bank's or savings association's balance sheet.
(B) Community development loan or community development investment information:
( 1 ) Name of organization or entity;
( 2 ) Activity type (loan or investment);
( 3 ) The type of community development described in § 25.13(b) through (l); and
( 4 ) Community development loan or community development investment detail, such as the specific type of financing and type of entity supported ( e.g., LIHTC, NMTC, Small Business Investment Company, multifamily mortgage, private business, or mission-driven nonprofit organization, mortgage-backed security, or other).
(C) Indicators of the impact and responsiveness, including whether the community development loan or community development investment:
( 1 ) Benefits or serves one or more persistent poverty counties;
( 2 ) Benefits or serves one or more census tracts with a poverty rate of 40 percent or higher;
( 3 ) Benefits or serves one or more geographic areas with low levels of community development financing;
( 4 ) Supports an MDI, WDI, LICU, or CDFI, excluding certificates of deposit with a term of less than one year;
( 5 ) Benefits or serves low-income individuals, families, or households;
( 6 ) Supports small businesses or small farms with gross annual revenues of $250,000 or less;
( 7 ) Directly facilitates the acquisition, construction, development, preservation, or improvement of affordable housing in High Opportunity Areas;
( 8 ) Benefits or serves residents of Native Land Areas;
( 9 ) Is a grant or donation;
( 10 ) Is an investment in a project financed with LIHTCs or NMTCs;
( 11 ) Reflects bank or savings association leadership through multi-faceted or instrumental support; or
( 12 ) Is a new community development financing product that addresses community development needs for low- or moderate-income individuals, families, or households.
(D) Specific location information, if applicable:
( 1 ) Street address;
( 2 ) City;
( 3 ) County;
( 4 ) State;
( 5 ) Zip code; and
( 6 ) Census tract.
(E) Allocation of the dollar amount of the community development loan or community development investment to geographic areas served by the loan or investment:
( 1 ) A list of the geographic areas served by the community development loan or community development investment, specifying any county, State, multistate MSA, or nationwide area served; and
( 2 ) Specific information about the dollar amount of the community development loan or community development investment that was allocated to each county served by the loan or investment, if available.
(F) Other information relevant to determining that the community development loan or community development investment meets the standards pursuant to § 25.13.
(6) Community development services data. A large bank or savings association must collect and maintain, in a format of the bank's or savings association's choosing or in a standardized format, as provided by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the following community development services data:
(i) Community development services information as follows:
(A) Date of service;
(B) Number of board member or employee service hours;
(C) Name of organization or entity;
(D) The type of community development described in § 25.13(b) through (l);
(E) Capacity in which a bank's or savings association's or its affiliate's board member or employee serves ( e.g., board member of a nonprofit organization, technical assistance, financial education, general volunteer); and
(F) Indicators of the impact and responsiveness, including whether the community development service:
( 1 ) Benefits or serves one or more persistent poverty counties;
( 2 ) Benefits or serves one or more census tracts with a poverty rate of 40 percent or higher;
( 3 ) Benefits or serves one or more geographic areas with low levels of community development financing;
( 4 ) Supports an MDI, WDI, LICU, or CDFI, excluding certificates of deposit with a term of less than one year;
( 5 ) Benefits or serves low-income individuals, families, or households;
( 6 ) Supports small businesses or small farms with gross annual revenues of $250,000 or less;
( 7 ) Directly facilitates the acquisition, construction, development, preservation, or improvement of affordable housing in High Opportunity Areas;
( 8 ) Benefits or serves residents of Native Land Areas;
( 9 ) Reflects bank or savings association leadership through multi-faceted or instrumental support; or
( 10 ) Is a new community development service that addresses community development needs for low- or moderate-income individuals, families, or households.
(ii) Location information as follows:
(A) Location list. A list of the geographic areas served by the activity, specifying any census tracts, counties, States, or nationwide area served; and
(B) Geographic-level. Whether the bank or savings association is seeking consideration in a facility-based assessment area, State, multistate MSA, or nationwide area.
(7) Deposits data. A large bank or savings association that had assets greater than $10 billion as of December 31 in both of the prior two calendar years must collect and maintain annually, in electronic form, as prescribed by the appropriate Federal banking agency, until the completion of the bank's or savings association's next CRA examination in which the data are evaluated, the dollar amount of its deposits at the county level based on deposit location. The bank or savings association allocates the deposits for which a deposit location is not available to the nationwide area. Annual deposits must be calculated based on average daily balances as provided in statements such as monthly or quarterly statements. Any other bank or savings association that opts to collect and maintain the data in this paragraph (a)(7) must do so in the same form and for the same duration as described in this paragraph (a)(7).
(b) Information required to be reported —(1) Small business loan and small farm loan data. A large bank or savings association must report annually by April 1 to the appropriate Federal banking agency in electronic form, as prescribed by the appropriate Federal banking agency, the small business loan and small farm loan data described in paragraphs (b)(1)(i) through (vii) of this section for the prior calendar year. For each census tract in which the bank or savings association originated or purchased a small business loan or small farm loan, the bank or savings association must report the aggregate number and dollar amount of small business loans and small farm loans:
(i) With an amount at origination of $100,000 or less;
(ii) With an amount at origination of greater than $100,000 but less than or equal to $250,000;
(iii) With an amount at origination of greater than $250,000;
(iv) To businesses and farms with gross annual revenues of $250,000 or less (using the revenues relied on in making the credit decision);
(v) To businesses and farms with gross annual revenues greater than $250,000 but less than or equal to $1 million (using the revenues relied on in making the credit decision);
(vi) To businesses and farms with gross annual revenues greater than $1 million; and
(vii) To businesses and farms for which gross annual revenues are not known by the bank or savings association.
(2) Community development loans and community development investments data. A large bank or savings association and a limited purpose bank or savings association that would be a large bank or savings association based on the asset size described in the definition of a large bank or savings association must report annually by April 1 to the appropriate Federal banking agency in electronic form, as prescribed by the appropriate Federal banking agency, the community development loan and community development investment data described in paragraph (a)(5)(ii) of this section for the prior calendar year, except for the data described in paragraph (a)(5)(ii)(B)( 1 ) of this section and paragraphs (a)(5)(ii)(D)( 1 ) through ( 5 ) of this section.
(3) Deposits data. (i) A large bank or savings association that had assets greater than $10 billion as of December 31 in both of the prior two calendar years must report annually by April 1 to the appropriate Federal banking agency in electronic form, as prescribed by the appropriate Federal banking agency, the deposits data for the prior calendar year collected and maintained pursuant to paragraph (a)(7) of this section. This reporting must include, for each county, State, and multistate MSA, and for the institution overall, the average annual deposit balances (calculated based on average daily balances as provided in statements such as monthly or quarterly statements, as applicable), in aggregate, of deposit accounts with associated addresses located in such county, State, or multistate MSA, where available, and for the institution overall. Any other bank or savings association that opts to collect and maintain the data in paragraph (a)(7) of this section must report these data in the same form and for the same duration as described in this paragraph (b)(3)(i).
(ii) A bank or savings association that reports deposits data pursuant to paragraph (b)(3)(i) of this section for which a deposit location is not available must report these deposits at the nationwide area.
(c) Data on  operating subsidiaries. To the extent that its  operating subsidiaries engage in retail banking services, retail banking products, community development lending, community development investments, or community development services, a bank or savings association must collect, maintain, and report these loans, investments, services, and products of its  operating subsidiaries pursuant to paragraphs (a) and (b) of this section, as applicable, for purposes of evaluating the bank's or savings association's performance. For home mortgage loans, the bank or savings association must identify the home mortgage loans reported by its  operating subsidiary under 12 CFR part 1003, if applicable, or collect and maintain data on home mortgage loans by its  operating subsidiary that the bank or savings association would have collected and maintained pursuant to paragraph (a)(3) of this section had the bank or savings association originated or purchased the loans.
(d) Data on other affiliates. A bank or savings association that elects to have the appropriate Federal banking agency consider retail banking services, retail banking products, community development lending, community development investments, or community development services engaged in by affiliates of a bank or savings association (other than an  operating subsidiary), for purposes of this part must collect, maintain, and report the data that the bank or savings association would have collected, maintained, and reported pursuant to paragraphs (a) and (b) of this section had the loans, investments, services, or products been engaged in by the bank or savings association. For home mortgage loans, the bank or savings association must identify the home mortgage loans reported by bank or savings association affiliates under 12 CFR part 1003, if applicable, or collect and maintain data on home mortgage loans by the affiliate that the bank or savings association would have collected and maintained pursuant to paragraphs (a)(3) of this section had the loans been originated or purchased by the bank or savings association.
(e) Data on community development loans and community development investments by a consortium or a third party. A bank or savings association that elects to have the appropriate Federal banking agency consider community development loans and community development investments by a consortium or third party for purposes of this part must collect, maintain, and report the loans and investments data that the bank or savings association would have collected, maintained, and reported pursuant to paragraphs (a)(5) and (b)(2) of this section had the bank or savings association originated, purchased, refinanced, or renewed the loans or investments.
(f) Assessment area data —(1) Facility-based assessment areas. A large bank or savings association and a limited purpose bank or savings association that would be a large bank or savings association based on the asset size described in the definition of a large bank or savings association must collect and report to the appropriate Federal banking agency annually by April 1 a list of each facility-based assessment area showing the States, MSAs, and counties in the facility-based assessment area, as of December 31 of the prior calendar year or the last date the facility-based assessment area was in effect, provided the facility-based assessment area was delineated for at least six months of the prior calendar year.
(2) Retail lending assessment areas. A large bank or savings association must collect and report to the appropriate Federal banking agency annually by April 1 a list of each retail lending assessment area showing the States, MSAs, and counties in the retail lending assessment area for the prior calendar year.
(g) CRA Disclosure Statement. The appropriate Federal banking agency or its appointed agent, prepares annually, for each bank or savings association that reports data pursuant to this section, a CRA Disclosure Statement that contains, on a State-by-State basis:
(1) For each county with a population of 500,000 persons or fewer in which the bank or savings association reported a small business loan or a small farm loan:
(i) The number and dollar volume of small business loans and small farm loans reported as originated or purchased located in low-, moderate-, middle-, and upper-income census tracts;
(ii) A list grouping each census tract according to whether the census tract is low-, moderate-, middle-, or upper-income;
(iii) A list showing each census tract in which the bank or savings association reported a small business loan or a small farm loan;
(iv) The number and dollar volume of small business loans and small farm loans to businesses and farms with gross annual revenues of $250,000 or less; and
(v) The number and dollar volume of small business loans and small farm loans to businesses and farms with gross annual revenues greater than $250,000 but less than or equal to $1 million;
(2) For each county with a population in excess of 500,000 persons in which the bank or savings association reported a small business loan or a small farm loan:
(i) The number and dollar volume of small business loans and small farm loans reported as originated or purchased located in census tracts with median income relative to the area median income of less than 10 percent, equal to or greater than 10 percent but less than 20 percent, equal to or greater than 20 percent but less than 30 percent, equal to or greater than 30 percent but less than 40 percent, equal to or greater than 40 percent but less than 50 percent, equal to or greater than 50 percent but less than 60 percent, equal to or greater than 60 percent but less than 70 percent, equal to or greater than 70 percent but less than 80 percent, equal to or greater than 80 percent but less than 90 percent, equal to or greater than 90 percent but less than 100 percent, equal to or greater than 100 percent but less than 110 percent, equal to or greater than 110 percent but less than 120 percent, and equal to or greater than 120 percent;
(ii) A list grouping each census tract in the county, facility-based assessment area, or retail lending assessment area according to whether the median income in the census tract relative to the area median income is less than 10 percent, equal to or greater than 10 percent but less than 20 percent, equal to or greater than 20 percent but less than 30 percent, equal to or greater than 30 percent but less than 40 percent, equal to or greater than 40 percent but less than 50 percent, equal to or greater than 50 percent but less than 60 percent, equal to or greater than 60 percent but less than 70 percent, equal to or greater than 70 percent but less than 80 percent, equal to or greater than 80 percent but less than 90 percent, equal to or greater than 90 percent but less than 100 percent, equal to or greater than 100 percent but less than 110 percent, equal to or greater than 110 percent but less than 120 percent, and equal to or greater than 120 percent; and
(iii) A list showing each census tract in which the bank or savings association reported a small business loan or a small farm loan;
(3) The number and dollar volume of small business loans and small farm loans located inside each facility-based assessment area and retail lending assessment area reported by the bank or savings association and the number and dollar volume of small business loans and small farm loans located outside of the facility-based assessment areas and retail lending assessment areas reported by the bank or savings association; and
(4) The number and dollar volume of community development loans and community development investments reported as originated or purchased inside each facility-based assessment area, each State in which the bank or savings association has a branch, each multistate MSA in which a bank or savings association has a branch in two or more States of the multistate MSA, and nationwide area outside of these States and multistate MSAs.
(h) Aggregate disclosure statements. The appropriate Federal banking agency or its appointed agent, prepares annually, for each MSA or metropolitan division (including an MSA or metropolitan division that crosses a State boundary) and the nonmetropolitan portion of each State, an aggregate disclosure statement of reported small business lending, small farm lending, community development lending, and community development investments by all depository institutions subject to reporting under this part or 12 CFR part 228 or 345. These disclosure statements indicate the number and dollar amount of all small business loans and small farm loans originated or purchased for each census tract and the number and dollar amount of all community development loans and community development investments for each county by reporting banks or savings associations, except that the appropriate Federal banking agency may adjust the form of the disclosure if necessary, because of special circumstances, to protect the privacy of a borrower or the competitive position of a bank or savings association.
(i) Availability of disclosure statements. The appropriate Federal banking agency makes the individual bank or savings association CRA Disclosure Statements, described in paragraph (g) of this section, and the aggregate disclosure statements, described in paragraph (h) of this section, available on the FFIEC's website at: https://www.ffiec.gov .
(j) HMDA data disclosure —(1) In general. For a large bank or savings association required to report home mortgage loan data pursuant to 12 CFR part 1003, the appropriate Federal banking agency will publish on the appropriate Federal banking agency's website the data required by paragraph (j)(2) of this section concerning the distribution of a large bank's or savings association's originations and applications of home mortgage loans by borrower or applicant income level, race, and ethnicity in each of the bank's or savings association's facility-based assessment areas, and as applicable, its retail lending assessment areas. This information is published annually based on data reported pursuant to 12 CFR part 1003.
(2) Data to be published on the appropriate Federal banking agency's website. For each of the large bank's or savings association's facility-based assessment areas, and as applicable, its retail lending assessment areas, the appropriate Federal banking agency publishes on the appropriate Federal banking agency's website:
(i) The number and percentage of originations and applications of the large bank's or savings association's home mortgage loans by borrower or applicant income level, race, and ethnicity;
(ii) The number and percentage of originations and applications of aggregate mortgage lending of all lenders reporting HMDA data in the facility-based assessment area and as applicable, the retail lending assessment area; and
(iii) Demographic data of the geographic area.
(3) Announcement of data publication. Upon publishing the data required pursuant to paragraphs (j)(1) and (2) of this section, the appropriate Federal banking agency will publicly announce that the information is available on the appropriate Federal banking agency's public website.
(4) Effect on CRA conclusions and ratings. The race and ethnicity information published pursuant to paragraphs (j)(1) and (2) of this section does not impact the conclusions or ratings of the large bank or savings association.
§ 25.43   Content and availability of public file.
(a) Information available to the public. A bank or savings association must maintain a public file, in either paper or digital format, that includes the following information:
(1) All written comments received from the public for the current year (updated on a quarterly basis for the prior quarter by March 31, June 30, September 30, and December 31) and each of the prior two calendar years that specifically relate to the bank's or savings association's performance in helping to meet community credit needs, and any response to the comments by the bank or savings association, if neither the comments nor the responses contain statements that reflect adversely on the good name or reputation of any persons other than the bank or savings association or publication of which would violate specific provisions of law;
(2) A copy of the public section of the bank's or savings association's most recent CRA performance evaluation prepared by the appropriate Federal banking agency. The bank or savings association must include this copy in the public file within 30 business days after its receipt from the appropriate Federal banking agency;
(3) A list of the bank's or savings association's branches, their street addresses, and census tracts;
(4) A list of branches opened or closed by the bank or savings association during the current year (updated on a quarterly basis for the prior quarter by March 31, June 30, September 30, and December 31) and each of the prior two calendar years, their street addresses, and census tracts;
(5) A list of retail banking services (including hours of operation, available loan and deposit products, and transaction fees) generally offered at the bank's or savings association's branches and descriptions of material differences in the availability or cost of services at particular branches, if any. A bank or savings association may elect to include information regarding the availability of other systems for delivering retail banking services (for example, mobile or online banking, loan production offices, and bank-at-work or mobile branch programs);
(6) A map of each facility-based assessment area and, as applicable, each retail lending assessment area showing the boundaries of the area and identifying the census tracts contained in the area, either on the map or in a separate list; and
(7) Any other information the bank or savings association chooses.
(b) Additional information available to the public —(1) Banks and savings associations subject to data reporting requirements pursuant to § 25.42. A bank or savings association subject to data reporting requirements pursuant to § 25.42 must include in its public file a written notice that the CRA Disclosure Statement pertaining to the bank or savings association, its  operating subsidiaries, and its other affiliates, if applicable, may be obtained on the FFIEC's website at: https://www.ffiec.gov . The bank or savings association must include the written notice in the public file within three business days after receiving notification from the FFIEC of the availability of the disclosure statement.
(2) Banks and savings associations required to report HMDA data —(i) HMDA Disclosure Statement. A bank or savings association required to report home mortgage loan data pursuant to 12 CFR part 1003 must include in its public file a written notice that the bank's or savings association's HMDA Disclosure Statement may be obtained on the Consumer Financial Protection Bureau's (CFPB's) website at: https://www.consumerfinance.gov/hmda . In addition, if the appropriate Federal banking agency considered the home mortgage lending of a bank's or savings association's operating subsidiaries or, at a bank's or savings association's election, the appropriate Federal banking agency considered the home mortgage lending of other bank or savings association affiliates, the bank or savings association must include in its public file the names of the operating subsidiaries and the names of the affiliates and a written notice that the operating subsidiaries' and other affiliates' HMDA Disclosure Statements may be obtained at the CFPB's website. The bank or savings association must include the written notices in the public file within three business days after receiving notification from the FFIEC of the availability of the disclosure statements.
(ii) Availability of bank or savings association HMDA data. A large bank or savings association required to report home mortgage loan data pursuant to 12 CFR part 1003 must include in its public file a written notice that the home mortgage loan data published by the appropriate Federal banking agency under § 25.42(j) are available at the appropriate Federal banking agency's website.
(3) Small banks or savings associations. A small bank or savings association, or a bank or savings association that was a small bank or savings association during the prior calendar year, must include in its public file the bank's or savings association's loan-to-deposit ratio for each quarter of the prior calendar year and, at its option, additional data on its loan-to-deposit ratio.
(4) Banks and savings associations with strategic plans. A bank or savings association that has been approved to be evaluated under a strategic plan must include in its public file a copy of that plan while it is in effect. A bank or savings association need not include information submitted to the appropriate Federal banking agency on a confidential basis in conjunction with the plan.
(5) Banks and savings associations with less than “Satisfactory” ratings. A bank or savings association that received a less than “Satisfactory” institution rating during its most recent examination must include in its public file a description of its current efforts to improve its performance in helping to meet the credit needs of its entire community. The bank or savings association must update the description quarterly by March 31, June 30, September 30, and December 31, respectively.
(c) Location of public information. A bank or savings association must make available to the public for inspection, upon request and at no cost, the information required in this section as follows:
(1) For banks or savings associations that maintain a website, all information required for the bank's or savings association's public file under this section must be maintained on the bank's or savings association's website.
(2) For banks or savings associations that do not maintain a website:
(i) All the information required for the bank's or savings association's public file must be maintained at the main office and, if an interstate bank or savings association, at one branch office in each State; and
(ii) At each branch, the following must be maintained:
(A) A copy of the public section of the bank's or savings association's most recent CRA performance evaluation and a list of services provided by the branch; and
(B) Within five calendar days of the request, all the information that the bank or savings association is required to maintain under this section in the public file relating to the facility-based assessment area in which the branch is located.
(d) Copies. Upon request, a bank or savings association must provide copies, either on paper or in digital form acceptable to the person making the request, of the information in its public file. The bank or savings association may charge a reasonable fee not to exceed the cost of copying and mailing (if not provided in digital form).
(e) Timing requirements. Except as otherwise provided in this section, a bank or savings association must ensure that its public file contains the information required by this section for each of the previous three calendar years, with the most recent calendar year included in its file annually by April 1 of the current calendar year.
§ 25.44   Public notice by banks and savings associations.
A bank or savings association must provide in the public area of its main office and each of its branches the appropriate public notice set forth in appendix F to this part. Only a branch of a bank or savings association having more than one facility-based assessment area must include the bracketed material in the notice for branch offices. Only a bank or savings association that is an affiliate of a holding company must include the next to the last sentence of the notices. A bank or savings association must include the last sentence of the notices only if it is an affiliate of a holding company that is not prevented by statute from acquiring additional depository institutions.
§ 25.45   Publication of planned examination schedule.
The appropriate Federal banking agency publishes on its public website, at least 30 days in advance of the beginning of each calendar quarter, a list of banks or savings associations scheduled for CRA examinations for the next two quarters.
§ 25.46   Public engagement.
(a) In general. The appropriate Federal banking agency encourages communication between members of the public and banks or savings associations, including through members of the public submitting written public comments regarding community credit needs and opportunities as well as a bank's or savings association's record of helping to meet community credit needs. The appropriate Federal banking agency will take these comments into account in connection with the bank's or savings association's next scheduled CRA examination.
(b) Submission of public comments. Members of the public may submit public comments regarding community credit needs and a bank's or savings association's CRA performance by submitting comments to the appropriate Federal banking agency at “CRAComments@occ.treas.gov , or by mailing comments to: Compliance Risk Policy Division, Bank Supervision Policy, OCC, Washington, DC 20219, for banks and Federal savings associations; or CRACommentCollector@fdic.gov , or by mailing comments to the address of the appropriate FDIC regional office found at https://www.fdic.gov/resources/bankers/community-reinvestment-act/cra-regional-contacts-list.html , for State savings associations.
(c) Timing of public comments. If the appropriate Federal banking agency receives a public comment before the close date of a bank's or savings association's CRA examination, the public comment will be considered in connection with that CRA examination. If the appropriate Federal banking agency receives a public comment after the close date of a bank's or savings association's CRA examination, it will be considered in connection with the bank's or savings association's subsequent CRA examination.
(d) Distribution of public comments. The appropriate Federal banking agency will forward all public comments received regarding a bank's or savings association's CRA performance to the bank or savings association.
§ 25.51   Applicability dates and transition provisions.
(a) Applicability dates —(1) In general. Except as provided in paragraphs (a)(2), (b), and (d) of this section, this part is applicable, beginning on April 1, 2024.
(2) Specific applicability dates. The following sections are applicable as follows:
(i) On January 1, 2026, §§ 25.12 through 25.30, 25.42(a), 25.43, and 25.44; the data collection and maintenance requirements in § 25.42(c) through (f); and appendices A through F to this part become applicable.
(ii) On January 1, 2027, § 25.42(b) and (g) through (i) and the reporting requirements in § 25.42(c) through (f) become applicable.
(iii) Rules during transition period. Prior to the applicability dates in paragraphs (a)(2)(i) and (ii) of this section, banks and savings associations must comply with the relevant provisions of this part in effect on March 31, 2024, as set forth in appendix G to this part. The relevant provisions set forth in appendix G to this part are applicable to CRA performance evaluations pursuant to 12 U.S.C. 2903(a)(1) that assess activities that a bank or savings association conducted prior to the dates set forth in paragraphs (a)(2)(i) and (ii) of this section, as applicable, except as provided in paragraphs (c) and (d) of this section.
(b) HMDA data disclosures. The appropriate Federal banking agency will publish the data pursuant to § 25.42(j) beginning January 1, 2027.
(c) Consideration of bank or savings association activities. (1) In assessing a bank's or savings association's CRA performance, the appropriate Federal banking agency will consider any loan, investment, service, or product that was eligible for CRA consideration at the time the bank or savings association conducted the activity.
(2) Notwithstanding paragraph (c)(1) of this section, in assessing a bank's or savings association's CRA performance, the appropriate Federal banking agency will consider any loan or investment that was eligible for CRA consideration at the time that the bank or savings association entered into a legally binding commitment to make the loan or investment.
(d) Strategic plans —(1) New and replaced strategic plans. The CRA regulatory requirements in effect on March 31, 2024, as set forth in appendix G to this part, apply to any new strategic plan, including a plan that replaces an expired strategic plan, submitted to the appropriate Federal banking agency for approval on or after April 1, 2024, but before November 1, 2025, and that the agency has determined is a complete plan consistent with the requirements under 12 CFR 25.27 in effect on March 31, 2024, as set forth in appendix G to this part. These strategic plans remain in effect until the expiration date of the plan. The appropriate Federal banking agency will not accept any strategic plan submitted on or after November 1, 2025, and before January 1, 2026.
(2) Existing strategic plans. A strategic plan in effect as of February 1, 2024, remains in effect until the expiration date of the plan except for provisions that were not permissible under this part as of January 1, 2022.
(e) First evaluation under this part on or after February 1, 2024. In its first performance evaluation under this part on or after February 1, 2024, a large bank or savings association that has a total of 10 or more facility-based assessment areas in any State or multistate MSA, or nationwide, as applicable, and that was a bank or savings association subject to evaluation under this part or [other Agencies' regulations]prior to February 1, 2024, may not receive a rating of “Satisfactory” or “Outstanding” in that State or multistate MSA, or for the institution, unless the bank or savings association received an overall facility-based assessment area conclusion, calculated as described in paragraph g.2.ii of appendix D to this part, of at least “Low Satisfactory” in 60 percent or more of the total number of its facility-based assessment areas in that State or multistate MSA, or nationwide, as applicable.
§ 25.61   Purpose and scope.
(a) Purpose. The purpose of this subpart is to implement section 109 (12 U.S.C. 1835a) of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (Interstate Act).
(b) Scope. (1) This subpart applies to any national bank or savings association that has operated a covered interstate branch for a period of at least one year, and any foreign bank or savings association that has operated a covered interstate branch that is a Federal branch for a period of at least one year.
(2) This subpart describes the requirements imposed under 12 U.S.C. 1835a, which requires the appropriate Federal banking agencies (the OCC, the Board of Governors of the Federal Reserve System, and the FDIC) to prescribe uniform rules that prohibit a bank or savings association from using any authority to engage in interstate branching pursuant to the Interstate Act, or any amendment made by the Interstate Act to any other provision of law, primarily for the purpose of deposit production.
§ 25.62   Definitions.
For purposes of this subpart, the following definitions apply:
(a) Bank and savings association means, unless the context indicates otherwise:
(1) A national bank or savings association; and
(2) A foreign bank or savings association as that term is defined in 12 U.S.C. 3101(7) and 12 CFR 28.11(i).
(b) Covered interstate branch means:
(1) Any branch of a national bank or savings association, and any Federal branch of a foreign bank or savings association, that:
(i) Is established or acquired outside the bank's or savings association's home State pursuant to the interstate branching authority granted by the Interstate Act or by any amendment made by the Interstate Act to any other provision of law; or
(ii) Could not have been established or acquired outside of the bank's or savings association's home State but for the establishment or acquisition of a branch described in paragraph (b)(1)(i) of this section; and
(2) Any bank or savings association or branch of a bank or savings association controlled by an out-of-State bank or savings association holding company.
(c) Federal branch means Federal branch as that term is defined in 12 U.S.C. 3101(6) and 12 CFR 28.11(h).
(d) Home State means:
(1) With respect to a State bank or savings association, the State that chartered the bank or savings association;
(2) With respect to a national bank or savings association, the State in which the main office of the bank or savings association is located;
(3) With respect to a bank or savings association holding company, the State in which the total deposits of all banking subsidiaries of such company are the largest on the later of:
(i) July 1, 1966; or
(ii) The date on which the company becomes a bank or savings association holding company under the Bank Holding Company Act;
(4) With respect to a foreign bank or savings association:
(i) For purposes of determining whether a U.S. branch of a foreign bank or savings association is a covered interstate branch, the home State of the foreign bank or savings association as determined in accordance with 12 U.S.C. 3103(c) and 12 CFR 28.11(n); and
(ii) For purposes of determining whether a branch of a U.S. bank or savings association controlled by a foreign bank or savings association is a covered interstate branch, the State in which the total deposits of all banking subsidiaries of such foreign bank or savings association are the largest on the later of:
(A) July 1, 1966; or
(B) The date on which the foreign bank or savings association becomes a bank or savings association holding company under the Bank Holding Company Act.
(e) Host State means a State in which a covered interstate branch is established or acquired.
(f) Host state loan-to-deposit ratio generally means, with respect to a particular host state, the ratio of total loans in the host state relative to total deposits from the host state for all banks or savings associations (including institutions covered under the definition of “ bank or savings association” in 12 U.S.C. 1813(a)(1)) that have that state as their home state, as determined and updated periodically by the appropriate Federal banking agencies and made available to the public.
(g) Out-of-State bank or savings association holding company means, with respect to any State, a bank or savings association holding company whose home State is another State.
(h) State means state as that term is defined in 12 U.S.C. 1813(a)(3).
(i) Statewide loan-to-deposit ratio means, with respect to a bank or savings association, the ratio of the bank's or savings association's loans to its deposits in a state in which the bank or savings association has one or more covered interstate branches, as determined by the OCC.
§ 25.63   Loan-to-deposit ratio screen.
(a) Application of screen. Beginning no earlier than one year after a covered interstate branch is acquired or established, the OCC will consider whether the bank's or savings association's statewide loan-to-deposit ratio is less than 50 percent of the relevant host State loan-to-deposit ratio.
(b) Results of screen. (1) If the OCC determines that the bank's or savings association's statewide loan-to-deposit ratio is 50 percent or more of the host state loan-to-deposit ratio, no further consideration under this subpart is required.
(2) If the OCC determines that the bank's or savings association's statewide loan-to-deposit ratio is less than 50 percent of the host state loan-to-deposit ratio, or if reasonably available data are insufficient to calculate the bank's or savings association's statewide loan-to-deposit ratio, the OCC will make a credit needs determination for the bank or savings association as provided in § 25.64.
§ 25.64   Credit needs determination.
(a) In general. The OCC will review the loan portfolio of the bank or savings association and determine whether the bank or savings association is reasonably helping to meet the credit needs of the communities in the host state that are served by the bank or savings association.
(b) Guidelines. The OCC will use the following considerations as guidelines when making the determination pursuant to paragraph (a) of this section:
(1) Whether covered interstate branches were formerly part of a failed or failing depository institution;
(2) Whether covered interstate branches were acquired under circumstances where there was a low loan-to-deposit ratio because of the nature of the acquired institution's business or loan portfolio;
(3) Whether covered interstate branches have a high concentration of commercial or credit card lending, trust services, or other specialized activities, including the extent to which the covered interstate branches accept deposits in the host state;
(4) The CRA ratings received by the bank or savings association, if any;
(5) Economic conditions, including the level of loan demand, within the communities served by the covered interstate branches;
(6) The safe and sound operation and condition of the bank or savings association; and
(7) The OCC's CRA regulations (subparts A through D of this part) and interpretations of those regulations.
§ 25.65   Sanctions.
(a) In general. If the OCC determines that a bank or savings association is not reasonably helping to meet the credit needs of the communities served by the bank or savings association in the host state, and that the bank's or savings association's statewide loan-to-deposit ratio is less than 50 percent of the host state loan-to-deposit ratio, the OCC:
(1) May order that a bank's or savings association's covered interstate branch or branches be closed unless the bank or savings association provides reasonable assurances to the satisfaction of the OCC, after an opportunity for public comment, that the bank or savings association has an acceptable plan under which the bank or savings association will reasonably help to meet the credit needs of the communities served by the bank or savings association in the host state; and
(2) Will not permit the bank or savings association to open a new branch in the host state that would be considered to be a covered interstate branch unless the bank or savings association provides reasonable assurances to the satisfaction of the OCC, after an opportunity for public comment, that the bank or savings association will reasonably help to meet the credit needs of the community that the new branch will serve.
(b) Notice prior to closure of a covered interstate branch. Before exercising the OCC's authority to order the bank or savings association to close a covered interstate branch, the OCC will issue to the bank or savings association a notice of the OCC's intent to order the closure and will schedule a hearing within 60 days of issuing the notice.
(c) Hearing. The OCC will conduct a hearing scheduled under paragraph (b) of this section in accordance with the provisions of 12 U.S.C. 1818(h) and 12 CFR part 19.