Community Reinvestment Review Committee
San Diego Municipal Code § 22.3906
in effect§22.3906 Community Reinvestment Review Committee
(a) The Committee shall consider the Community Reinvestment Plans as provided in Section 22.3904.
(b) The Committee shall review the annual reports provided pursuant to section 22.3905 for compliance with the financial institutions’ Community Reinvestment Plans.
(c) The Committee shall provide an annual report to the City Council and the City Treasurer which shall include the Committee’s recommendations for Treasurer and City Council consideration of financial institutions to provide banking services to the City. The Committee’s report shall include specific reference to the information relied upon by the Committee as to any financial institution the Committee does not recommend.
(d) The Committee will not establish scores or otherwise rank financial institutions for purposes of making its recommendations.
(e) The Committee report shall be one of the factors considered by the City Treasurer in making determinations for banking services pursuant to Charter section 45. The Committee recommendation shall not be interpreted to require the selection of any particular financial institution for banking services. The ability of any financial institution to offer the highest level of service quality and overall value to the City, while meeting the specifications and requirements of a particular City request for banking services shall remain the standard for awarding City contracts.
(“Community Reinvestment Review Committee” 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=7Fetched: 10/28/2026