Annual Reports
San Diego Municipal Code § 22.3905
in effect§22.3905 Annual Reports
(a) By July 15, 2014, and annually by July 15 thereafter, any financial institution that provides or wishes to provide banking services to the City shall submit a report to the Committee addressing its compliance with its Community Reinvestment Plan and providing the information required in sections 22.3905(b) and (c) for the prior calendar year. Information reported pursuant to section 22.3905(b)(1)-(4) shall be reported by census tract.
(b) The financial institution shall detail its community reinvestment activities within the City of San Diego as follows:
(1) residential loans, including:
(A) home purchase loans, both federally subsidized and conventional;
(B) refinancing of home loans;
(C) home improvement loans;
(D) home equity loans;
(E) multi-family loans;
(F) modifications of distressed loans; and
(G) affordable single-family and multi-family residential mortgages;
(H) foreclosure information, including defaults and delinquencies on home loans, and real estate owned properties;
(2) small business loans including:
(A) small local business loans,
(B) emerging local business loans,
(C) disabled veteran owned business loans,
(D) disadvantaged local business loans;
(3) community development loans and investments;
(4) consumer loans, especially to low- and moderate-income persons and neighborhoods;
(5) philanthropic and charitable giving to local nonprofit cultural and social service organizations and community groups involved in community development activities or to City-sponsored community development activities; and
(6) efforts to affirmatively market and make available loans and financial services within City neighborhoods, including outreach to low- and moderate- income City residents.
(c) The financial institution shall also provide the following information in the annual report:
(1) the number and locations of the financial institution’s branches and automated tellers in the City;
(2) the number of persons employed as loan officers, senior management staff, and members of the board of directors categorized by gender and ethnicity;
(3) the financial institution’s most recent CRA rating, if applicable, the date of the rating, and a copy of the pages of the most recent CRA evaluation report which affirms and describes the basis for the CRA rating; and
(4) whether the financial institution or any affiliate is the subject of a court judgment that it has engaged in predatory lending practices; if so, the details of the judgment and of the changes in practices instituted by the financial institution to address the violation.
(d) If a financial institution has not previously submitted a Community Reinvestment Plan, at the time of its initial annual report submittal it shall submit a Community Reinvestment Plan with the annual report.
(e) The City will publish a financial institution’s annual report on its website within 60 days after the report is filed.
(“Annual Reports” added 10-10-12 by O-20201 N.S.; effective 11-9-2012.)
Source: City of San Diego Office of the City Clerk, San Diego Municipal Code and City Charter (docs.sandiego.gov PDFs)URL: https://docs.sandiego.gov/municode/MuniCodeChapter02/Ch02Art02Division39.pdf#page=5Fetched: 10/28/2026