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, 2017:
- A “small bank” or “small savings association” means assets less than $1.226 billion for either of the prior two calendar years (December 31, 2016 & December 31, 2015).
- An “intermediate small bank” or “intermediate small savings association” means assets of at least $307 million for both of the two prior calendar years but less than $1.226 billion for either of those same years.
- A “large bank” or “large savings association” means assets of $1.226 billion or more for both of the prior two calendar years.
Published
2016/12/31
Am Kudlacek