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Notice of Annual Adjustments

Notice Details
Type
Notice
Number
2004-N-13
Group
FHL Banks
Document Number
05-305
Federal Register Publish Date
01/07/2005
Federal Register Citation
70 FR 1444
PDF Format
Effective Date
01/01/2005

Notice of Annual Adjustments

Contact Information

FOR FURTHER INFORMATION CONTACT: ​Scott L. Smith, Associate Director, by telephone at (202) 408–2991 or by electronic mail at smiths@fhfb.gov, or Mark Edward Stover, Senior Economist, by telephone at (202) 408–2828 or by electronic mail at stoverm@fhfb.gov. Send regular mail to the Federal Housing Finance Board, Office of Supervision, Regulations and Research, 1777 F Street, NW., Washington, DC 20006.

Summary

SUMMARY: The Federal Housing Finance Board (Finance Board) has adjusted the cap on average total assets that defines a "Community Financial Institution" (CFI) 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 U.S. Department of Labor (DOL). The Finance Board also has made similar adjustments to the maximum dollar limits on certain allocations by a Bank of its annual required Affordable Housing Program (AHP) contributions.