In determining whether to approve an application for the designation of a banking development district, the commission shall take into consideration the following criteria:
  (1) the location, number, and proximity of sites where banking services are available in the proposed district;
  (2) consumer needs for banking services in the proposed district;
  (3) the economic viability and local credit needs of the community in the proposed district;
  (4) the existing commercial development in the proposed district;
  (5) the impact additional banking services would have on potential economic development in the proposed district;
  (6) the physical size and cohesiveness of the proposed district; and
  (7) the history of the availability of banking services in the proposed district.

Source Note: The provisions of this §6.5 adopted to be effective November 5, 2015, 40 TexReg 7621