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West Virginia · Through as of 2026-08-03; contains at least the enactments of the 2026 Regular Session · Newer source version available

W. Va. Code § 31A-8B-4: Assessment of the institution's reinvestment in the community.

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Where this section sits in the code
  1. CHAPTER 31A. BANKS AND BANKING.
  2. ARTICLE 8B. COMMUNITY REINVESTMENT ACT.

In connection with its examination or investigation of a banking institution or bank holding company, the commissioner or board shall:

(a) Assess the institution's record of meeting the credit needs of its entire community, including low-and moderate-income neighborhoods, consistent with the safe and sound operation of such institution; and

(b) Take such record into account in its evaluation of an application for a deposit facility or for permission to engage in financially related services by such institution.

Collected 2026-09-06T00:27:57Z. Source file · JSON

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