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2019 Notice of Annual Adjustment of the Cap on Average Total Assets that Defines Community Financial Institutions

Notice Details
Type
Notice
Number
2019-N-1
Group
FHL Banks
Federal Register Publish Date
02/06/2019
Federal Register Citation
84 FR 2225
PDF Format
Comment Status
Closed

2019 Notice of Annual Adjustment of the Cap on Average Total Assets that Defines Community Financial Institutions

Contact Information

​FOR FURTHER INFORMATION CONTACT: James Hedrick, Division of Federal Home Loan Bank Regulation, (202) 649-3319, James.Hedrick@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 $1,199,000,000, 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, 2019.