Joint Annual CRA Asset-Size Threshold Adjustment

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On December 19, 2012, the Fed, FDIC and OCC released the annual adjustment to asset-size thresholds used to define small bank, small savings association, intermediate small bank and intermediate small savings association under the CRA. The asset-size threshold adjustment was effective January 1. Joint Press Release. Joint Technical Amendment.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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