Notice Details
Type
Notice
Number
2007-N-02
Group
FHL Banks
Document Number
E7-369
Federal Register Publish Date
01/12/2007
Federal Register Citation
Effective Date
01/09/2007
Notice of Annual Adjustment of the Cap on Average Total Assets That Defines Community Financial Institutions
Contact Information
FOR FURTHER INFORMATION CONTACT: Patricia L. Sweeney, Office of Supervision, by telephone at (202) 408–2872, by electronic mail at sweeneyp@fhfb.gov, or by regular mail at the Federal Housing Finance Board, 1625 Eye Street, NW., Washington DC 20006–4001.
Summary
SUMMARY: The Federal Housing Finance Board (Finance Board) has adjusted the cap on average total assets that defines a "Community Financial Institution" and the limits on annual compensation for Federal Home Loan Bank (Bank) directors based on the annual percentage increase in the Consumer Price Index for all urban consumers (CPI–U) as published by the Department of Labor (DOL). These changes took effect on January 1, 2007.