Skip to content

CRA Changes for Intermediate Small Banks

Our bank is an Intermediate Small Bank under the current CRA rule, with an asset size of $750 million. Will we still be treated differently from large banks under the proposed rule?

As proposed, there will not be a classification of Intermediate Small Bank for CRA.
Small banks will continue to be evaluated under current small bank standards, with some additional requirements. Small banks will be those banks that had assets of $500 million or less in each of the previous four calendar quarters.
Banks that are not small banks will be evaluated under standard rules regardless of size, making performance context important.
Learn more about Kathleen Blanchard’s webinar CRA Modernization Proposal Review

First published on 02/16/2020

Filed under: 
Filed under compliance as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics