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Notice of Annual Adjustment of the Cap on Average Total Assets That Defines Community Financial Institutions

Notice Details
Type
Notice
Number
2017-N-02
Group
FHL Banks
Document Number
2017-01104
Federal Register Publish Date
01/19/2017
Federal Register Citation
82 FR 6551
PDF Format

Notice of Annual Adjustment of the Cap on Average Total Assets That Defines Community Financial Institutions

Contact Information

FOR FURTHER INFORMATION CONTACT: Kaitlin Hildner, Division of Federal Home Loan Bank Regulation, (202) 649-3329, Kaitlin.Hildner@fhfa.gov; or Eric M. Raudenbush, Associate General Counsel, (202) 649-3084, Eric.Raudenbush@fhfa.gov, (not toll-free numbers), Federal Housing Finance Agency, Constitution Center, 400 Seventh Street SW., Washington, DC 20219.

Summary

​​SUMMARY: The Federal Housing Finance Agency (FHFA) has adjusted the cap on average total assets that is used in determining whether a Federal Home Loan Bank (Bank) member qualifies as a "community financial institution" (CFI) to $1,148,000,000, 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, 2017.