OCC Revises Asset Thresholds for Small Banks and Savings Associations

Beginning January 01, 2019, a national bank or savings association that, as of December 31 of either of the prior two calendar years, had assets of less than USD 1.284 billion is a  “small bank” or “small savings association” under the CRA regulations. A small bank or small savings association with assets of at least USD 321 million as of December 31 of both of the prior two calendar years and less than USD 1.284 billion as of December 31 of either of the prior two calendar years is an “intermediate small bank” or “intermediate small savings association” under the CRA regulations. National banks and savings associations with assets between USD 313 million and USD 321 million as of December 31, 2016 and December 31, 2017, or between USD 1.252 billion and USD 1.284 billion as of either of those dates, should review the revisions to asset thresholds described in this bulletin to determine whether their CRA performance evaluation criteria have changed.

Related Links

• OCC Bulletin
• Federal Register Notice (PDF)

Effective Date: January 01, 2019

Keywords: Americas, US, Banking, Asset Threshold, Community Reinvestment Act, Small Banks, Intermediate Small Banks, OCC