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Bookmark or Share- Lending Limits | OCCLending limits protect the safety and soundness of national banks, promote diversification of loans, and help ensure equitable access to banking services. These limits prevent excessive loans to one person, or loans to related persons that are financially dependent.
- eCFR :: 12 CFR 32.3 -- Lending limits.The following loans or extensions of credit are subject to the lending limits set forth below. When loans and extensions of credit qualify for more than one special lending limit, the special limits are cumulative.
- What Is a Bank's Legal Lending Limit, How Does It Work? - InvestopediaA legal lending limit is the most a bank or thrift can lend to a single borrower. The legal limit for national banks is 15% of the bank’s capital.
- What Is the Legal Lending Limit? - The BalanceThe legal lending limit is the maximum amount of money a financial institution can lend to a single borrower. The lending limit is set by the U.S. Code and overseen by the FDIC and the OCC. For a single borrower, the legal lending limit cannot exceed 15% of the bank’s capital and surplus.
- Defining Legal Lending Limit - FincashIn simple words, the legal lending limit is the maximum amount that a bank can lend to one borrower. To understand more about this American concept, read the post ahead.
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