Skip to content

How to gain more from operational risk management practices.
Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.


Agencies adjust CRA bank size definitions

The FDIC, Federal Reserve Board and OCC have published [84 FR 71738] a final rule adjusting for inflation the definition thresholds for small and intermediate-small financial institutions under their Community Reinvestment Act regulations at 12 CFR Parts 25, 195, 228 and 345.

Effective January 1, 2020, a small bank will be a bank that, as of December 31 of either of the prior two calendar years, had assets of less than $1.305 billion. An intermediate small bank will be a small bank with assets of at least $326 million as of December 31 of both of the prior two calendar years and less than $1.305 billion as of December 31 of either of the prior two calendar years.

Filed under: 

Training View All

Penalties View All

Search Top Stories