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Explanation of the Community Reinvestment Act …
Explanation of the Community Reinvestment Act asset - size Threshold Change Applying the January 1, 2018 CRA Definitions: " small institution" means a bank or savings association that, as of December 31 of either of the prior two calendar years, had assets of less than $ billion. "Intermediate small institution" means a bank or savings association with assets of at least $313 million as of December 31 of both of the prior two calendar years and less than $ billion as of December 31 of either of the prior two calendar years. Since there is no CRA loan data requirement for an intermediate small institution, its next examination is under the intermediate small institution examination procedures even if that examination comes due during the institution s first year as an intermediate small institu
Explanation of the Community Reinvestment Act Asset -Size Threshold Change . Applying the January 1, 2018 CRA Definitions: "Small institution" means a bank or savings association that, as of December 31 of either of the prior
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