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Inactive Financial Institution Letters

Community Reinvestment Act
Annual Asset-size Threshold Adjustment
January 9, 2007

Summary: The FDIC, the Federal Reserve Board, and the Office of the Comptroller of the Currency have published the attached joint final rule amending the Community Reinvestment Act (CRA) to make the annual adjustment to the asset-size threshold used to define "small bank" and "intermediate small bank" under the Act. The final rule also corrects an omission in the rules revised in August 2005.


  • The federal banking agencies are amending their CRA regulations to publish an increase in 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 3.32% increase in the CPI for the period ending in November 2006, the definitions of small and intermediate small banks for CRA examinations will change as follows:
    • "Small bank" means a bank that, as of December 31 of either of the prior two calendar years, had assets of less than $1.033 billion.
    • "Intermediate small bank" means a small bank with assets of at least $258 million as of December 31 of both of the prior two calendar years, and less than $1.033 billion as of December 31 of either of the prior two calendar years.
  • These asset-size threshold adjustments are effective January 1, 2007.
  • The final rule also makes a technical correction to regulatory changes that became effective on September 1, 2005, by adding a provision that was inadvertently deleted. The provision that was added as paragraph (d) to § 345.26 states: "The [agency] rates the performance of a bank evaluated under this section as provided in appendix A of this part." No change in the evaluation or rating of small banks will result from reinserting the provision.
  • Current and historical asset-size thresholds will be published on the Federal Financial Institutions Examination Council's Web site at

FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officers
CRA Officers
Compliance Officers

Related Topics:
Community Reinvestment Act

Joint Final Rule - PDF 57k (PDF Help)

Faye Murphy, Fair Lending Specialist, Compliance Policy
and Examination Support, or (202) 898-
6613; or Susan VandenToorn, Counsel, or (202) 898-8707

Printable Format:
FIL-2-2007 - PDF 30k (PDF Help)

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 or 703-562-2200).

Last Updated 03/10/2008

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