Agencies Release CRA Asset-Size Threshold Adjustments for Small Banks

The federal regulators today announced the annual adjustment to the asset-size thresholds they will use to differentiate small and intermediate banks and savings associations under the Community Reinvestment Act.

A “small bank” or “small savings association” will be defined as an institution that, as of December 31 of either of the prior two calendar years, had assets of less than $1.216 billion. An “intermediate small bank” or “intermediate small savings association” will be defined as a small institution with assets of at least $304 million as of Dec. 31 of both of the prior two calendar years, and less than $1.216 billion as of Dec. 31 of either of the two prior calendar years. These adjustments will be effective Jan. 1, 2016.

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About Author

Monica C. Meinert

Monica C. Meinert is deputy editor of the ABA Banking Journal and editorial director at the American Bankers Association, where she oversees ABA Daily Newsbytes.