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12 U.S.C. § 2907

Operation of branch facilities by minorities and women

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 2907, Operation of branch facilities by minorities and women, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438439
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In the case of any depository institution which donates, sells on favorable terms (as determined by the appropriate Federal financial supervisory agency), or makes available on a rent-free basis any branch of such institution which is located in any predominantly minority neighborhood to any minority depository institution or women’s depository institution, the amount of the contribution or the amount of the loss incurred in connection with such activity may be a factor in determining whether the depository institution is meeting the credit needs of the institution’s community for purposes of this chapter. For purposes of this section— The term “minority institution” 11 So in original. Probably should be “minority depository institution”. means a depository institution (as defined in section 1813(c) of this title)— The term “women’s depository institution” means a depository institution (as defined in section 1813(c) of this title)— The term “minority” has the meaning given to such term by section 1204(c)(3) of the Financial Institutions Reform, Recovery and Enforcement Act of 1989.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 95-128(H.R. 6655)1977-10-12
    Housing and Community Development Act of 1977
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 102-233(H.R. 3435)1991-12-12
    Resolution Trust Corporation, Refinancing, Restructuring, and Improvement Act of 1991
    House: no recorded tallySenate: 44–33
  • Amended byPub. L. 102-550(H.R. 5334)1992-10-28
    Housing and Community Development Act of 1992
    House: 377–37Senate: no recorded tally