Posted By: KaeDee
Small Business/Farm/CD Lending - 03/30/06 03:13 PM
Our holding company operates a Bank regulated by the OCC and a Thrift regulated by the OTS. My question is: Can the Bank report the Thrift's small business and small farm loans, since the Thrift is examined under the small savings procedures and doesn't have to report those loans, but still retain the Thrift's community development loans for CRA credit for the Thrift's CRA Exam?
In other words if the Bank reports the Thrift's small business and small farm loans does it also have to report the community development loans on the Bank side?
In other words if the Bank reports the Thrift's small business and small farm loans does it also have to report the community development loans on the Bank side?