legal · go-v.org

Economically depressed regions.

CFR · 2024-01-01 · US · Title 12

(a) (b) (i) High unemployment rates; (ii) Significant declines in non-farm employment; (iii) High delinquency rates of real estate assets at insured depository institutions; and (iv) Evidence indicating declining real estate values. (2) In addition, the FDIC will also consider relevant information from institutions regarding their geographic market area, as well as information on whether that market is “economically depressed”.

official document · source cfr-2024 · id 12:§ 357.1