The Office of the Comptroller of the Currency, the Federal Reserve Board and the FDIC adopted annual adjustments to 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 joint final rule takes effect on January 1, 2019.

The joint final rule will amend the asset threshold to:

  • less than $1.284 billion for small savings associations for either of the prior two calendar years; and
  • between $321 million and $1.284 billion for intermediate small banks for both of the prior two calendar years.

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