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2018 Notice of Annual Adjustment of the Cap on Average Total Assets That Defines Community Financial Institutions

Notice Details
Type
Notice
Number
2018-N-01
Group
FHL Banks
Document Number
2018–00618
Federal Register Publish Date
01/16/2018
Comment Status
Closed

2018 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 $1,173,000,000, 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, 2018.