Community Reinvestment Act Regulations Asset-Size Thresholds

Document 2022-27922 is a Final Rule published by the Federal Reserve System in the Federal Register on December 23, 2022, with an effective date of January 1, 2023. The Board and the FDIC (collectively, the Agencies) are amending their Community Reinvestment Act (CRA) regulations to adjust the asset-size thresholds used to define "small bank" and "intermediate small bank." As required by the CRA regulations, the adjustment to the threshold amount is based on the annual percentage change in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). View the original at https://www.federalregister.gov/documents/2022/12/23/2022-27922/community-reinvestment-act-regulations-asset-size-thresholds.

No. Document 2022-27922 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.