Notice Details
Type
Notice
Number
2007-N-14
Group
FHL Banks
Document Number
E7-25156
Federal Register Publish Date
12/28/2007
Federal Register Citation
Effective Date
12/28/2007
Notice of Annual Adjustments: Community Financial Institution Asset Caps / FHLBank Director Compensation Limits
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 take effect on January 1, 2008.