: Financial institutions use the "089" code to report data under the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA) . This ensures that banks are meeting the credit needs of the local community, including low- and moderate-income neighborhoods.
: It is known for its mix of dense urban centers along the Fox River and sprawling agricultural land to the west. 📋 Reporting Requirements for Institutions Kane 089
The code typically refers to Kane County, Illinois , within federal and state data systems. In the United States, "089" is the three-digit Federal Information Processing Standard (FIPS) county code for Kane County. 🏛️ Data and Reporting Framework : Financial institutions use the "089" code to
: Only institutions meeting specific asset sizes are required to submit detailed data for Kane County. : Data for a given calendar year must
: Data for a given calendar year must typically be submitted to the Board or designated processor by March 1st of the following year.
: Once submitted, these records are used to assess an institution's record of helping meet local credit needs.
Many federal agencies use this identifier for mandatory reporting and geographical analysis: