- The federal banking agencies have amended their CRA regulations to increase the asset-size
threshold to be used to define "small bank" and "intermediate small bank." The increase is based
on the annual percentage change in the Consumer Price Index (CPI).
- As a result of the 4.49 percent increase in the CPI for the period ending in November 2008, the
definitions of small and intermediate small banks for CRA examinations have changed as follows:
- "Small bank" or "small savings association" means a bank that, as of December 31 of either
of the prior two calendar years, had assets of less than $1.109 billion.
- "Intermediate small bank" or "intermediate small savings association" means a small bank
with assets of at least $277 million as of December 31 of both of the prior two calendar
years, and less than $1.109 billion as of December 31 of either of the prior two calendar
- These asset-size threshold adjustments will take effect on January 1, 2009.
- Current and historical asset-size thresholds are published on the Federal Financial Institutions
Examination Council's Web site at www.ffiec.gov/cra/.
FDIC-Supervised Banks (Commercial and Savings)
Chief Executive Officers
Community Reinvestment Act
Joint Final Rule
Deirdre Foley, Senior Policy Analyst, Compliance Policy Section, email@example.com or (202) 898-6612; or Susan van den Toorn,
Counsel, firstname.lastname@example.org or (202) 898-8707
FDIC financial institution letters (FILs) may be accessed from
the FDIC's Web site at
To receive FILs electronically, please visit
Paper copies of FDIC financial institution letters may be
obtained through the FDIC's Public Information Center, 3501
Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342