Joint Release
Federal Deposit Insurance Corporation
Federal Reserve Board of Governors
Office of the Comptroller of the Currency
For immediate release December 21, 2017
Media Contacts:
Federal Reserve Board Susan Stawick (202) 452-2955
FDIC Greg Hernandez (202) 898-6993
OCC William Grassano (202) 649-6870
FDIC: PR-100-2017
Last Updated 12/21/2017 communications@fdic.gov
Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small and
Intermediate Small Institutions
WASHINGTON—The federal bank regulatory agencies today announced the annual adjustment 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) regulations.
The annual adjustments are required by the CRA rules. Financial institutions are evaluated under different
CRA examination procedures based upon their asset-size classification. Those meeting the small and
intermediate small institution asset-size thresholds are not subject to the reporting requirements
applicable to large banks and savings associations unless they choose to be evaluated as a large
institution.
Annual adjustments to these asset-size thresholds are based on the change in the average of the
Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), not seasonally adjusted,
for each 12-month period ending in November, with rounding to the nearest million.
As a result of the 2.11 percent increase in the CPI-W for the period ending in November 2017, the
definitions of small and intermediate small institutions for CRA examinations will change as follows:
"Small bank" or "small savings association" means an institution that, as of December 31 of either of
the prior two calendar years, had assets of less than $1.252 billion.
"Intermediate small bank" or "intermediate small savings association" means a small institution with
assets of at least $313 million as of December 31 of both of the prior two calendar years and less than
$1.252 billion as of December 31 of either of the prior two calendar years.
These asset-size threshold adjustments are effective January 1, 2018. The agencies will publish the
adjustments in the Federal Register. In addition, the agencies will post a list of the current and historical
asset-size thresholds on the website of the Federal Financial Institutions Examination Council
(https://www.ffiec.gov/cra).
# # #
Attachment:
2018 CRA Asset Threshold FR Notice
Federal Deposit Insurance Corporation
Federal Reserve Board of Governors
Office of the Comptroller of the Currency
For immediate release December 21, 2017
Media Contacts:
Federal Reserve Board Susan Stawick (202) 452-2955
FDIC Greg Hernandez (202) 898-6993
OCC William Grassano (202) 649-6870
FDIC: PR-100-2017
Last Updated 12/21/2017 communications@fdic.gov
Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small and
Intermediate Small Institutions
WASHINGTON—The federal bank regulatory agencies today announced the annual adjustment 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) regulations.
The annual adjustments are required by the CRA rules. Financial institutions are evaluated under different
CRA examination procedures based upon their asset-size classification. Those meeting the small and
intermediate small institution asset-size thresholds are not subject to the reporting requirements
applicable to large banks and savings associations unless they choose to be evaluated as a large
institution.
Annual adjustments to these asset-size thresholds are based on the change in the average of the
Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), not seasonally adjusted,
for each 12-month period ending in November, with rounding to the nearest million.
As a result of the 2.11 percent increase in the CPI-W for the period ending in November 2017, the
definitions of small and intermediate small institutions for CRA examinations will change as follows:
"Small bank" or "small savings association" means an institution that, as of December 31 of either of
the prior two calendar years, had assets of less than $1.252 billion.
"Intermediate small bank" or "intermediate small savings association" means a small institution with
assets of at least $313 million as of December 31 of both of the prior two calendar years and less than
$1.252 billion as of December 31 of either of the prior two calendar years.
These asset-size threshold adjustments are effective January 1, 2018. The agencies will publish the
adjustments in the Federal Register. In addition, the agencies will post a list of the current and historical
asset-size thresholds on the website of the Federal Financial Institutions Examination Council
(https://www.ffiec.gov/cra).
# # #
Attachment:
2018 CRA Asset Threshold FR Notice