12 C.F.R. § 624.104 Interest rate evaluation.
Title 12 - Banks and Banking
An institution may take into consideration the use of RAP, among other factors, for purposes of evaluating the interest rates charged on loans. Such other factors include the institution's cost of funds, overhead, expected losses, margin to provide for adequate capital, return to stockholders, and any other relevant factors. In no event shall such an institution charge a rate of interest which is less than the competitive interest rates charged by other lending institutions in the same area, for a loan with similar terms, to a borrower of equivalent creditworthiness and access to alternative credit.
Title 12: Banks and Banking
PART 624—REGULATORY ACCOUNTING PRACTICES
§ 624.104 Interest rate evaluation.
