((a)) ** In general** In the case of any depository institution which donates, sells on favorable terms (as determined by the appropriate Federal financial supervisory agency), or makes available on a rent-free basis any branch of such institution which is located in any predominantly minority neighborhood to any minority depository institution or women’s depository institution, the amount of the contribution or the amount of the loss incurred in connection with such activity may be a factor in determining whether the depository institution is meeting the credit needs of the institution’s community for purposes of this chapter.

((b)) ** Definitions** For purposes of this section—

((1)) ** Minority depository institution** The term “minority institution”  means a depository institution (as defined in )—

((A)) more than 50 percent of the ownership or control of which is held by 1 or more minority individuals; and

((B)) more than 50 percent of the net profit or loss of which accrues to 1 or more minority individuals.

((2)) ** Women’s depository institution** The term “women’s depository institution” means a depository institution (as defined in )—

((A)) more than 50 percent of the ownership or control of which is held by 1 or more women;

((B)) more than 50 percent of the net profit or loss of which accrues to 1 or more women; and

((C)) a significant percentage of senior management positions of which are held by women.

((3)) ** Minority** The term “minority” has the meaning given to such term by section 1204(c)(3) of the Financial Institutions Reform, Recovery and Enforcement Act of 1989.