Section 26-431.06 - Rating system for community development performance(a) The Commissioner shall establish, by regulation, a system to rate the community development performance of a financial institution. The system shall include the following rating categories:(1) Outstanding record of performance in meeting the credit needs of its local communities;(2) Highly satisfactory record of performance in meeting the credit needs of its local communities;(3) Satisfactory record of performance in meeting the credit needs of its local communities;(4) Needs to improve record of performance in meeting the credit needs of its local communities; and(5) Substantial noncompliance in meeting the credit needs of its local communities.(b) The Commissioner shall consider the compliance of the financial institution with the community development plan submitted under § 26-431.03 in assessing and rating the community development performance of the financial institution.(c) The CFO, when evaluating the community development plan of a deposit-receiving institution shall review the rating category or score assigned to the deposit-receiving institution's plan by the applicable financial supervisory agency and shall publish the final review on its website.(d) The CFO shall receive public comments during a 30-day public comment period when reviewing and evaluating the community development plan of a deposit-receiving institution.(e) The CFO shall consider in the evaluation done pursuant to subsection (c) of this section whether a deposit-receiving institution is engaged in discriminatory, unfair, or deceptive lending practices as determined by federal agencies under the Equal Credit Opportunity Act, approved October 28, 1974 (88 Stat. 1521; 15 U.S.C. § 1691 et seq.), and the Fair Housing Act, approved September 13, 1988 (82 Stat. 81; 42 U.S.C. §§ 3601 et seq.), and their implementing regulations, or under Chapter 11A of this title [§ 26-1151.01 et seq.], or Chapter 39 of Title 28 [§ 28-3901 et seq.], and their implementing regulations.(f) To apply for a deposit services contract with the District government, a financial institution must receive at least a "satisfactory" rating on its most recent CRA exam. June 9, 2001, D.C. Law 13-308, § 406, 48 DCR 3244; Mar. 11, 2015, D.C. Law 20-226, § 2(d), 62 DCR 255.