Notice Details
Type
Notice
Number
2016-N-01
Group
FHL Banks
Other
Document Number
2016–03872
Federal Register Publish Date
02/24/2016
Federal Register Citation
Comment Status
Closed
Effective Date
01/01/2016
2016 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, Assistant 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 defines a ‘‘Community Financial Institution’’ to $1,128,000,000, 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, 2016.