Which Institutions are Examined for CRA under the Small Intermediate Bank Performance Standard?

B

CRA (Community Reinvestment Act) is a federal law that requires insured depository institutions to meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods, consistent with safe and sound banking practices. The performance of banks is evaluated by federal regulatory agencies to ensure compliance with CRA.

The small intermediate bank performance standard is used to evaluate banks with assets between $250 million and $1 billion. The criteria for the small intermediate bank performance standard includes a consideration of the bank's lending, investment, and service performance in the bank's assessment area(s).

Based on the information provided, only Bank A and Bank C fall within the asset range of $250 million to $1 billion. Bank B and Bank D exceed the asset threshold and would be evaluated under different performance standards.

Therefore, the correct answer to the question is either A. Bank A, a $230 million bank, or C. Bank C, a $50 million bank. However, it's important to note that the size of the bank alone does not determine whether it will be evaluated under the small intermediate bank performance standard. Other factors such as the bank's business model, structure, and geographic location may also be considered by regulatory agencies when determining the appropriate performance standard.