2016 CRA Threshold

The asset-size thresholds for CRA determine whether an institution will be classified as a small bank, intermediate-small bank or large bank for CRA purposes. Effective January 1, 2016:

  • A “small bank” or “small savings association” means assets less than $1.216 billion for either of the prior two calendar years (December 31, 2015 & December 31, 2014).
  • An “intermediate small bank” or “intermediate small savings association” means assets of at least $304 million for both of the two prior calendar years but less than $1.216 billion for either of those same years.
  • A “large bank” or “large savings association” means assets of $1.216 billion or more for both of the prior two calendar years.

Published
2015/12/28
Amy Kudlacek
Amy Kudlacek

Amy Kudlacek

Amy brings many years of banking and compliance experience to Banker’s Compliance Consulting. She has worked for both large and small financial institutions and spent time working in every area of a bank. She started out as a teller in college and eventually became a branch manager. Her love, however, was always compliance. Amy began her career with Banker’s Compliance Consulting in 2000. Her knowledge and experiences have allowed her to develop a well-rounded and practical approach to regulatory compliance. Amy is CRCM certified, has a Bachelors Degree in Business Administration and is a graduate of the ABA Compliance School. Amy & her husband have two children at home and stay busy following their activities. They spend a lot of time in the bleachers!

Recent Posts

Specific Reasons When Taking Adverse Action

TRID: Closing Disclosure Accuracy

FinCEN Issues Financial Trend Analysis on Elder Exploitation

Archives

see all topics