Source: https://www.law.cornell.edu/cfr/text/12/25.23
Timestamp: 2016-02-13 12:27:16
Document Index: 556266416

Matched Legal Cases: ['art 25', '§ 25', '§ 21', '§ 22', '§ 26', '§ 27', '§ 30', '§ 36', '§ 93', '§ 161', '§ 215', '§ 481', '§ 1814', '§ 1816', '§ 1828', '§ 1835', '§ 2901', '§ 2902', '§ 2903', '§ 2904', '§ 2905', '§ 2906', '§ 2907', '§ 2908', '§ 3101', '§ 3102', '§ 3103', '§ 3104', '§ 3105', '§ 3106', '§ 3106', '§ 3107', '§ 3108', '§ 3109', '§ 3110', '§ 3111']

12 CFR 25.23 - Investment test. | US Law | LII / Legal Information Institute
CFR › Title 12 › Chapter I › Part 25 › Subpart B › Section 25.23 12 CFR 25.23 - Investment test.
§ 25.23
Activities considered under the lending or service tests may not be considered under the investment test.
Affiliate investment.
At a bank's option, the OCC 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.
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.
The OCC evaluates the investment performance of a bank pursuant to the following criteria:
Investment performance rating.
The OCC rates a bank's investment performance as provided in appendix A of this part.
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 OCC 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 OCC 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 OCC rates a bank's investment 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§ 21 - Formation of national banking associations; incorporators; articles of association§ 22 - Organization certificate§ 26 - Comptroller to determine if association can commence business§ 27 - Certificate of authority to commence banking§ 30 - Change of name or location§ 36 - Branch banks§ 93a - Authority to prescribe rules and regulations§ 161 - Reports to Comptroller of the Currency§ 215 - Consolidation of banks within same State§ 481 - Appointment of examiners; examination of member banks, State banks, and trust companies; reports§ 1814 - Insured depository institutions§ 1816 - Factors to be considered§ 1828 - Regulations governing insured depository institutions§ 1835a - Prohibition against deposit production offices§ 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§ 3101 - Definitions§ 3102 - Establishment of Federal branches and agencies by foreign bank§ 3103 - Interstate banking by foreign banks§ 3104 - Insurance of deposits§ 3105 - Authority of Federal Reserve System§ 3106 - Nonbanking activities of foreign banks§ 3106a - Compliance with State and Federal laws§ 3107 - Representative offices§ 3108 - Regulation and enforcement§ 3109 - Cooperation with foreign supervisors§ 3110 - Penalties§ 3111 - Criminal penalty