# 38 Ill. Adm. Code 345.230: Section 345.230 Investment Test

> Illinois · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P345_S345_230

## Section

- **Citation:** 38 Ill. Adm. Code 345.230
- **Heading:** Section 345.230 Investment Test
- **Jurisdiction:** Illinois
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Illinois Administrative Code / Title 38 FINANCIAL INSTITUTIONS / CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION / Part 345 BANK COMMUNITY REINVESTMENT / Section 345.230 Investment Test

## Text

Section
345.230  Investment Test
a)         Scope of test.  The investment test evaluates
a bank's record of helping to meet the credit needs of its assessment area
through qualified investments that benefit its assessment area or a broader
statewide or regional area that includes the bank's assessment area.
b)         Exclusion.  Activities considered under the
lending or service tests may not be considered under the investment test.
c)         Affiliate investment.  At a bank's option, the
Secretary will consider, in its assessment of a bank's investment performance,
a qualified investment made by an affiliate of the bank, if the qualified
investment is not claimed by any other institution.  If a bank has established
a foundation, the Secretary will consider, at the bank's option, qualified
investments and donations of the foundation if those investments or donations
have the primary purpose of community development.
d)         Disposition of branch premises.  Donating,
selling on favorable terms, or making available on a rent-free basis a branch
of the bank that is located in a predominantly minority neighborhood to a
minority depository institution or women's depository institution (as these
terms are defined in 12 U.S.C. 2907(b)) will be considered as a qualified
investment.
e)         Performance criteria.  The Secretary evaluates
the investment performance of a bank considering the assessment factors in
Section 345.200 and pursuant to the following criteria:
1)         The dollar amount of qualified investments;
2)         The innovativeness or complexity of qualified
investments;
3)         The responsiveness of qualified investments to
credit and community development needs; and
4)         The degree to which the qualified investments
are not routinely provided by private investors.
f)         Investment performance rating. The Secretary
rates a bank's investment performance as provided in Section 345.APPENDIX A.

## Nearby sections

- [38 Ill. Adm. Code 345.200 Section 345.200  Assessment Factors](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P345_S345_200.md)
- [38 Ill. Adm. Code 345.210 Section 345.210  Performance Tests, Standards, and Ratings, in General](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P345_S345_210.md)
- [38 Ill. Adm. Code 345.220 Section 345.220  Lending Test](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P345_S345_220.md)
- [38 Ill. Adm. Code 345.230 Section 345.230  Investment Test](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P345_S345_230.md)
- [38 Ill. Adm. Code 345.240 Section 345.240  Service Test](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P345_S345_240.md)
- [38 Ill. Adm. Code 345.260 Section 345.260  Small Bank Performance Standards](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P345_S345_260.md)
- [38 Ill. Adm. Code 345.290 Section 345.290  Effect of ILCRA Performance on Applications](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P345_S345_290.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T38_P345_S345_230. Check the current official text before relying on it. Not legal advice.