Agencies release annual asset-size thresholds under Community Reinvestment Act regulations
EST
The Federal Reserve Board and the Federal Deposit Insurance
Corporation today announced the 2025 updated Community Reinvestment
Act (CRA) "small bank" and "intermediate small bank" asset-size
thresholds.
The CRA regulations establish the framework
and criteria by which the relevant agencies assess a financial
institution's record of meeting the credit needs of its entire
community, including low- and moderate-income neighborhoods,
consistent with safe and sound operations. Financial institutions are
evaluated under different CRA examination procedures based upon their
asset-size classification. The asset-size thresholds are adjusted
annually based on the average change in the Consumer Price Index for
Urban Wage Earners and Clerical Workers (CPI-W), which is a measure of
inflation.
As a result of the 2. 91 percent increase in
the CPI-W for the period ending in November 2024, the CRA asset-size
thresholds for small banks and intermediate small banks are:
A small bank is an institution that, as of December 31 of
either of the prior two calendar years, had assets of less than $1.
609 billion.
An intermediate small bank is a small
institution with assets of at least $402 million as of December 31 of
both of the prior two calendar years and less than $1. 609 billion as
of December 31 of either of the prior two calendar years.
These thresholds are in effect from January 1, 2025, through
December 31, 2025. A list of the current and historical asset-size
thresholds is available here. Last Update: January 03, 2025