In return for the privilege of safeguarding and investing the community's wealth and doing business with the city, financial institutions have a continuing and affirmative obligation to serve the credit and other financial needs of all communities, including and especially minority and low- and moderate-income communities and older adults, consistent with applicable laws and safety and soundness. The city shall assess financial institutions' performance in meeting community needs and use this assessment as a factor in its decision to place municipal deposits in and conduct other business with financial institutions. (Ord. 32211)