Each depositor insured to at least $250,000 per insured bank

In response to requests from financial institutions, attached is a listing of year 2000 median family income figures developed by the Department of Housing and Urban Development (HUD) for each metropolitan statistical area (MSA) and the statewide portions of nonmetropolitan areas.

The Federal Deposit Insurance Corporation (FDIC) and the other federal financial supervisory agencies use median family income figures to classify the income levels of borrowers in Community Reinvestment Act (CRA) evaluations. HUD's annually adjusted figures provide a viable measuring standard for assessing an institution's level of lending based upon borrower income. CRA regulations classify income level as low, moderate, middle and upper based on the area median income. Area median income is defined as:

• The median family income for the MSA if a person or geographic area is located within an MSA, or

• The statewide nonmetropolitan median family income if a person or geographic area is located outside an MSA (12 CFR 345.12(b)).

The attached listing shows for each MSA the median family income figure established by the 1990 U.S. Census and HUD's estimated median family income figure adjusted for year 2000. The last two pages of the listing show the year 2000 U.S. Census figures and year 2000 HUD figures for the nonmetropolitan portions of each state (including all areas within the state that are outside an MSA).

For further information about these income figures or other CRA issues, please contact your regional office of the FDIC's Division of Compliance and Consumer Affairs shown on the attached address list.