Asset-size thresholds at small and intermediate-sized banks for defining compliance with anti-redlining rules in 2025 were announced Monday by the regulator of national banks.
The Office of the Comptroller of the Currency (OCC) said that, starting Jan. 1, a bank that, as of Dec. 31 of either of the prior two calendar years, had assets of less than $1.609 billion is a “small bank or savings association” under the CRA regulation.
A “small bank or savings association” with assets of at least $402 million as of Dec. 31 of both of the prior two calendar years and less than $1.609 billion as of Dec. 31 of either of the prior two calendar years is an “intermediate small bank or savings association” under the Community Reinvestment Act (CRA regulation)
The agency explained that it is required to publish annual adjustments to the asset-size thresholds based on the year-to-year change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), not seasonally adjusted, for each 12-month period ending in November, with rounding to the nearest million.
The agency noted that, during the period ending November 2024, the CPI-W increased by 2.91%.
In 2024, according to OCC, 2024, the CRA regulation defined a “small bank or savings association” as an institution with assets of less than $1.564 billion as of Dec. 31 of either of the prior two calendar years. A “small bank or savings association” with assets of at least $391 million as of Dec. 31 of both of the prior two calendar years and less than $1.564 billion as of Dec. 31 of either of the prior two calendar years is an “intermediate small bank or savings association.”
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