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      "text": "Lend and invest at least $12.9 billion (\"Low Satisfactory\"), $15 billion (\"High Satisfactory\"), or $17.2 billion (\"Outstanding\") to support community development.",
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      "text": "Commit at least $125 million (“Low Satisfactory”), $150 million (“High Satisfactory”), or $175 million (“Outstanding”) in grants, including specific focus on Goldman Sachs’ 10,000 Small Businesses and One Million Black Women initiatives.",
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      "text": "Lend and invest at least $12.9 billion (“Low Satisfactory”), $15 billion (“High Satisfactory”), or $17.2 billion (“Outstanding”) to support community development, representing 13%, 30% and 50% increases, respectively, over average annual investments during GS Bank’s most recent CRA/NYCRA exam period (2019-2021).",
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      "text": "Goldman Sachs Bank USA (“GS Bank”) is committed to supporting communities throughout the United States and has a demonstrated track record of fulfilling both the letter and spirit of the Community Reinvestment Act (“CRA”), at the national level, and the New York State Community Reinvestment Act (“NYCRA”). We take these responsibilities seriously and have deployed significant investment and philanthropic capital to benefit underserved communities beginning long before becoming a bank holding company in 2008. In all five CRA exams since then, examiners have noted high levels of community development (“CD”) activity, extensive use of innovative or complex loans and investments, and excellent responsiveness to community needs.",
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      "text": "This Plan builds on GS Bank’s prior successes and utilizes our expertise to maximize positive impact in the communities we serve. As we execute our Plan, we will continue to seek community input, engage with our regulators, and evaluate our performance throughout the term of the Plan.",
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      "text": "Over the five-year Plan, GS Bank will:",
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      "text": "The GS Bank CRA Strategic Plan (“Plan”) encompasses the period from January 1, 2024 to December 31, 2028, presenting a guiding framework to help meet the credit needs of the communities GS Bank serves, including low- and moderate-income (“LMI”) neighborhoods and individuals. In preparing the Plan, we solicited informal and formal feedback from community groups to understand community needs; reviewed a broad range of peer strategic plans approved by a variety of regulators; assessed market depth and opportunities for investments, loans, grants and services; referenced macroeconomic research to better understand the performance context in our assessment areas; and considered how our specific business model could be leveraged to fulfill our CRA and NYCRA obligations.",
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      "text": "GS Bank has elected to be evaluated under the strategic plan performance test as provided in 12 CFR §228.27 and 3 CRR-NY §76.13, thereby leveraging the strengths of GS Bank’s nontraditional business model to achieve meaningful impact in communities throughout the United States.",
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      "text": "Goldman Sachs is united by our shared values of partnership, client service, integrity and excellence. Drawing on over 150 years of experience working with the world’s leading businesses, entrepreneurs and institutions, we mobilize our people, culture, technologies and ideas to advance the success of our clients, broaden individual prosperity and accelerate economic progress for all.",
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