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Comptroller of the Currency
Administrator of National Banks
Washington, DC 20219September 1, 1999Community Development Investment Letter #19993
September 2004
12 CFR 24Mr. Monte Bell, Vice President
Farmers
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What is community development investment letter?
Community development investment letter is a document that outlines the investments made by a financial institution in low and moderate income communities.
Who is required to file community development investment letter?
Financial institutions such as banks and credit unions are required to file community development investment letters.
How to fill out community development investment letter?
Community development investment letters can be filled out by providing details of the investments made in low and moderate income communities.
What is the purpose of community development investment letter?
The purpose of community development investment letter is to showcase the financial institution's commitment to community development and investment in underserved areas.
What information must be reported on community development investment letter?
Community development investment letters must include information about specific investments made, the impact on the community, and how the investments align with community development goals.
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