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Joint Release
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
Office of Thrift Supervision

For Immediate Release
June 1, 2007

Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-income Geographies

The federal bank and thrift regulatory agencies on Friday announced the availability of the 2007 list of distressed or underserved nonmetropolitan middle-income geographies in which bank revitalization or stabilization activities will receive Community Reinvestment Act (CRA) consideration as "community development." As in past releases, the 2007 list will incorporate a one-year lag period for geographies that were designated as distressed or underserved in 2006, but were not designated as such in the 2007 release. Geographies subject to the one-year lag period are eligible to receive consideration for community development activities for the twelve months following publication of the 2007 list.

"Distressed nonmetropolitan middle-income geographies" and "underserved nonmetropolitan middle-income geographies" are designated by the agencies in accordance with their CRA regulations. The criteria used to designate these areas are available on the Federal Financial Institutions Examination Council (FFIEC) web site (

The 2007 list and lists from previous years can be found on the FFIEC web site, along with data source information used to generate the list of distressed or underserved geographies for each year.

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Media Contacts:

Federal ReserveBen Hardaway(202) 452-2955
FDICTibby Ford(202) 898-6993
OCCDean DeBuck(202) 874-5770
OTSWilliam Ruberry(202) 906-6677

Last Updated 6/1/2007

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