Source: https://www.law.cornell.edu/cfr/text/12/563e.24
Timestamp: 2017-02-21 07:47:39
Document Index: 622754117

Matched Legal Cases: ['art 563', '§ 563', '§ 1462', '§ 1463', '§ 1464', '§ 1467', '§ 1814', '§ 1816', '§ 1828', '§ 2901', '§ 2902', '§ 2903', '§ 2904', '§ 2905', '§ 2906', '§ 2907', '§ 2908', 'art 563']

12 CFR 563e.24 - Service test. | US Law | LII / Legal Information Institute
CFR › Title 12 › Chapter V › Part 563e › Subpart B › Section 563e.24 12 CFR 563e.24 - Service test.
§ 563e.24 Service test.
(a)Scope of test. The service test evaluates a savings association's record of helping to meet the credit needs of its assessment area(s) by analyzing both the availability and effectiveness of a savings association's systems for delivering retail banking services and the extent and innovativeness of its community development services.
(b)Area(s) benefitted. Community development services must benefit a savings association's assessment area(s) or a broader statewide or regional area that includes the savings association's assessment area(s).
(c)Affiliate service. At a savings association's option, the OTS will consider, in its assessment of a savings association's service performance, a community development service provided by an affiliate of the savings association, if the community development service is not claimed by any other institution.
(d)Performance criteria - retail banking services. The OTS evaluates the availability and effectiveness of a savings association's systems for delivering retail banking services, pursuant to the following criteria:
(1) The current distribution of the savings association's branches among low-,moderate-, middle-, and upper-income geographies;
(2) In the context of its current distribution of the savings association's branches, the savings association's record of opening and closing branches, particularly branches located in low- or moderate-income geographies or primarily serving low- or moderate-income individuals;
(3) The availability and effectiveness of alternative systems for delivering retail banking services (e.g., ATMs, ATMs not owned or operated by or exclusively for the savings association, banking by telephone or computer, loan production offices, and bank-at-work or bank-by-mail programs) in low- and moderate-income geographies and to low- and moderate-income individuals; and
(e)Performance criteria - community development services. The OTS evaluates community development services pursuant to the following criteria:
(1) The extent to which the savings association provides community development services; and
(f)Service performance rating. The OTS rates a savings association's service performance as provided in Appendix A of this part. This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeU.S. Code: Title 12 - BANKS AND BANKING§ 1462a - Administrative provisions§ 1463 - Supervision of savings associations§ 1464 - Federal savings associations§ 1467a - Regulation of holding companies§ 1814 - Insured depository institutions§ 1816 - Factors to be considered§ 1828 - Regulations governing insured depository institutions§ 2901 - Congressional findings and statement of purpose§ 2902 - Definitions§ 2903 - Financial institutions; evaluation§ 2904 - Report to Congress§ 2905 - Regulations§ 2906 - Written evaluations§ 2907 - Operation of branch facilities by minorities and women§ 2908 - Small bank regulatory relief
Title 12 published on 2015-12-05.No entries appear in the Federal Register after this date, for 12 CFR Part 563e.