CD-1 (Expiration Date: 07/31/2022)
Section 2 — All
1. Please indicate how the bank’s investment is consistent with Part 24 requirements for public welfare
investments, under 12 CFR 24.3.
a. Check at least one of the following that applies to the bank’s investment:
The investment primarily benefits low- and moderate-income individuals.
The investment primarily benefits low- and moderate-income areas.
The investment primarily benefits other areas targeted by a governmental entity for redevelopment.
The investment would receive consideration under 12 CFR 25.23 as a "qualified investment"
for purposes of the Community Reinvestment Act.
2. Please indicate how the bank’s investment is consistent with Part 24 requirements for investment
limits under 12 CFR 24.4 by responding to the following questions.
a. Dollar amount of the bank’s investment that is the subject of this submission:
b. Percentage of the bank’s capital and surplus represented by the bank’s investment that is the subject of this
c. Percentage of the bank’s capital and surplus represented by the aggregate outstanding Part 24 investments and
commitments, including this investment: %.
d. Does this investment expose the bank to unlimited liability?
Yes (This investment cannot be made under Part 24.)
Please attach a brief description of the bank’s investment. (See 12 CFR 24.5(a)(3)(i) and (b)(2)(i)).
Include the following information in the description.
a. The name of the community and economic development entity (CEDE) into which the bank’s investment has
been (or will be) made.
b. The type of bank investment (equity, debt, or other).
c. The activity or activities of the CEDE in which the bank has invested (or will invest). (See examples of qualifying
investment activities described in 12 CFR 24.6 (a), (b), (c), and (d).)
d. How the investment is structured so that it does not expose the bank to unlimited liability, such as by describing
the structure of the CEDE (e.g., CDC subsidiary, multi-bank CDC, multi-investor CDC, limited partnership,
limited liability company, community development bank, community development financial institution, community
development entity, community development venture capital fund, community development lending consortia,
community development closed-end mutual funds, non-diversified closed-end investment companies, or any
other CEDE) and by providing any other relevant information.
e. The geographic area served by the CEDE.