# 38 Ill. Adm. Code 1850.185.260: Section 185.260 Small Credit Union and Intermediate Small Credit Union Performance Standards

> Illinois · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P1850_S185_260

## Section

- **Citation:** 38 Ill. Adm. Code 1850.185.260
- **Heading:** Section 185.260 Small Credit Union and Intermediate Small Credit Union Performance Standards
- **Jurisdiction:** Illinois
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Illinois Administrative Code / Title 38  /  / Part 1850  / Section 185.260 Small Credit Union and Intermediate Small Credit Union Performance Standards

## Text

TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 185 CREDIT UNION COMMUNITY REINVESTMENT
SECTION 185.260 SMALL CREDIT UNION AND INTERMEDIATE SMALL CREDIT UNION PERFORMANCE STANDARDS
Section 185.260  Small Credit Union and Intermediate
Small Credit Union Performance Standards
a)         Performance criteria.
1)         Except
as set forth in Section 185.450, the Secretary evaluates the record of a small
credit union of helping to meet the credit needs of its assessment field
pursuant to all of the applicable assessment factors in Section 185.200 and
subsection (b).
2)         The
Secretary evaluates the record an intermediate small credit union, of helping
to meet the credit needs of its assessment field pursuant to all of the
applicable assessment factors in Section 185.200, subsections (b) and (c).
b)         Lending
test.  A small credit union and intermediate small credit union's lending performance
in home mortgage, small business, community development lending, consumer
lending, or any other type of lending, as applicable is evaluated pursuant to
the following criteria:
1)         the
credit union's loan-to-share ratio, adjusted for seasonal variation and, as
appropriate, other lending-related activities, such as loan originations for
sale to the secondary markets, community development loans, or qualified
investments;
2)         the
credit union's record of lending to and, as appropriate, engaging in other
lending-related activities for borrowers of different income levels and
businesses of different sizes;
3)         the
geographic distribution of the credit union's loans in the context of its
relevant field of membership;
4)         the
credit union's record of taking action, if warranted, in response to written
complaints about its performance in helping to meet credit needs in its assessment
field and its performance with regard to fair lending policies and practices;
and
5)         the
origination of loans to businesses with
on of the credit union's loans in the context of its
relevant field of membership;
4)         the
credit union's record of taking action, if warranted, in response to written
complaints about its performance in helping to meet credit needs in its assessment
field and its performance with regard to fair lending policies and practices;
and
5)         the
origination of loans to businesses with gross annual revenues of $1,000,000 or
less, particularly those in low-income and moderate-income neighborhoods.  This
subsection (b)(5) applies only to credit unions that make business loans.
c)         Community
development test.  An intermediate small credit union's community development
performance is also evaluated pursuant to the following criteria:
1)         the
number and amount of community development loans;
2)         the
extent to which the credit union provides community development services;
3)         the
credit union's responsiveness through such activities to community development
lending, investment, and service needs; and
4)         at
the election of the credit union, the number and amount of qualified
investments.
d)         Small
credit union and intermediate small credit union performance rating.  The
Secretary considers all of the applicable assessment factors in Section 185.200
and rates the performance of a credit union evaluated under this Section as
provided in 185.APPENDIX A (Ratings).

## Nearby sections

- [38 Ill. Adm. Code 1850.185.210 Section 185.210  Performance Tests, Standards, and Ratings, In General](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P1850_S185_210.md)
- [38 Ill. Adm. Code 1850.185.240 Section 185.240  Service Test](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P1850_S185_240.md)
- [38 Ill. Adm. Code 1850.185.260 Section 185.260  Small Credit Union and Intermediate Small Credit Union Performance Standards](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P1850_S185_260.md)
- [38 Ill. Adm. Code 1850.185.280 Section 185.280  Assigned Ratings](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P1850_S185_280.md)
- [38 Ill. Adm. Code 1850.185.290 Section 185.290  Effect of ILCRA Performance on Applications](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P1850_S185_290.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P1850_S185_260. Check the current official text before relying on it. Not legal advice.