Authority, purposes, and scope.

CFR · 2024-01-01 · US · Title 12

(a) (2) (b) (1) Establishing the framework and criteria by which the Federal Deposit Insurance Corporation (FDIC) assesses a bank's record of helping to meet the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with the safe and sound operation of the bank; and (2) Providing that the FDIC takes that record into account in considering certain applications. (c) (2) (3)

official document · source cfr-2024 · id 12:§ 345.11