What happens if the state member bank or any of its insured depository institution affiliates receives less than a “satisfactory” CRA rating?

CFR · 2024-01-01 · US · Title 12

(a) (1) The state member bank may not, directly or indirectly, acquire control of any financial subsidiary; and (2) Any financial subsidiary controlled by the state member bank may not commence any additional activity or acquire control, including all or substantially all of the assets, of any company. (b) (c)

official document · source cfr-2024 · id 12:§ 208.75