In the December 29, 2014 issue of the Federal Register, the following annually revised asset-size thresholds were published to be effective January 1, 2015: Community Reinvestment Act (79 FR 77852) The OCC, the FRB and the FDIC have revised their CRA regulations in 12 CFR §§25.12(u)(1), 195.12(u)(1), 228.12(u)(1), and 345.12(u)(1), respectively, to adjust the asset-size thresholds used to define “small bank,” “intermediate small bank,” “small savings association,” and “intermediate small savings association.” Effective January 1, 2015, banks and savings associations that, as of December 31 of either of the prior two calendar years, had assets of less than $1.221 billion are small banks or small savings associations. Small banks and small savings associations with assets of at least $305 million as of December 31 of both of the prior two calendar years and less than $1.221 billion as of December 31 of either of the prior two calendar years are intermediate small banks or intermediate small savings associations. The current and historical asset-size thresholds also are published on the website of the Federal Financial Institutions Examination Council at http://www.ffiec.gov/cra/.

Complete Memorandum