OCC, Board of Governors and FDIC Make Annual Adjustments to Asset-Size Thresholds under CRA

The OCC, the Board of Governors of the Federal Reserve System and the FDIC made annual adjustments in the asset-size thresholds used to define "small bank," "small savings association," "intermediate small bank," and "intermediate small savings association" under the Community Reinvestment Act (CRA). The adjustments were published in the Federal Register.

The agencies also made technical edits to remove obsolete references to the Office of Thrift Supervision and update cross-references to regulations implementing certain Federal consumer financial laws in their CRA regulations.

The adjustments are effective January 1, 2016.