StacksVerified U.S. regulatory reference

12 CFR §614.4355

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
No bank for cooperatives may make a loan if the consolidated amount of all loans outstanding and undisbursed commitments to that borrower exceeds the following percentages of the lending and leasing limit base of the bank:
  1. (a)Basic limit.
    1. (1)Term loans to eligible cooperatives: 25 percent.
    2. (2)Term loans to foreign and domestic parties: 10 percent.
    3. (3)Lease loans qualifying under § 614.4020(a)(3) and applying to the lessee: 25 percent.
    4. (4)Standby letters of credit qualifying under § 614.4810: 35 percent.
    5. (5)Guarantees qualifying under § 614.4800: 35 percent.
    6. (6)Seasonal loans exclusive of commodity loans qualifying under § 614.4231: 35 percent.
    7. (7)Foreign trade receivables qualifying under § 614.4700: 50 percent.
    8. (8)Commodity loans qualifying under § 614.4231: 50 percent.
    9. (9)Export and import letters of credit qualifying under § 614.4720: 50 percent.
  2. (b)Total limit.
    1. (1)The sum of term and seasonal loans exclusive of commodity loans qualifying under § 614.4231: 35 percent.
    2. (2)The sum of paragraphs (a)(1) through (a)(9) of this section: 50 percent.