; and (C) a significant percentage of senior management positions of which are held by women. . (b) Conforming Amendments The following provisions are amended by striking 1204(c)(3) and inserting 1204(c) : (1) Section 808(b)(3) of the Community Reinvestment Act of 1977 ( 12 U.S.C. 2907(b)(3) ). (2) Section 40(g)(1)(B) of the Federal Deposit Insurance Act ( 12 U.S.C. 1831q(g)(1)(B) ). (3) Section 704B(h)(4) of the Equal Credit Opportunity Act ( 15 U.S.C. 1691c–2(h)(4) ). 3. Amendments to the Community Reinvestment Act Section 804(b) of the Community Reinvestment Act of 1977 ( 12 U.S.C. 2903(b) ) is amended to read as follows: (b) Cooperation with Minority Banks, Women’s Banks, and Low-Income Credit Unions Considered (1) In general In assessing and taking into account, under subsection (a), the record of a financial institution, the appropriate Federal financial supervisory agency shall consider as a factor capital investment, loan participation, and other ventures undertaken by the institution in cooperation with minority banks, women’s banks, community development financial institutions, and low-income credit unions provided that these activities help meet the credit needs of local communities in which such institutions and credit unions are chartered. (2) Definitions (A) FIRREA definitions The terms low-income credit union , minority bank , and women’s bank have the meanings given such terms, respectively, in section 1204(c) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ( 12 U.S.C. 1811 note). (B) Community development financial institution The term community development financial institution has the meaning given in section 103(5) of the Riegle Community Development and Regulatory Improvement Act of 1994 ( 12 U.S.C. 4702(5) ). . 4. Considerations when assessing financial inclusion for federally chartered financial institutions (a) In General In assessing and taking into account the record of a federally chartered financial institution under any financial inclusion assessment