Tag Archives: Intermediate Small Institutions

Federal bank regulatory agencies have announced the newly-adjusted asset-size thresholds that will be used to define financial institutions under Community Reinvestment Act (CRA) regulations. According to a press release from the Federal Reserve Board, the CRA requires the thresholds to be adjusted annually in order to define institutions as either small banks, small savings associations, intermediate small banks, or intermediate small savings associations for CRA examinations. These asset-size classifications determine how institutions are evaluated under different CRA examination procedures, and determine whether or not financial institutions are subject to certain reporting requirements; those that are classified small or intermediate small are not subject to the same reporting requirements as large financial institutions.

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