Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle
Why this matters
This is a joint interim final rule from three federal banking agencies (Federal Reserve, FDIC, OCC) implementing the 21st Century ROAD to Housing Act. It increases the asset threshold for 18-month exam cycles from $3 billion to $6 billion, directly affecting community banks' supervisory obligations. The rule is effective immediately with a 30-day comment period, making it binding regulatory action with concrete practical impact on examination frequency and compliance burden for a defined population of well-capitalized, well-managed institutions.
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What the Federal Reserve said
Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle
Published by Federal Reserve . Read the full notice at the source for the authoritative text.
Context
Board of Governors of the Federal Reserve System (Federal Reserve) — The US central bank and supervisor of bank holding companies and state member banks. We track 65 updates from them.
US financial regulation is overseen by multiple agencies including the SEC, CFTC, Federal Reserve, OCC and FDIC. Browse all United States updates.
This update is classified under Prudential / Capital Requirements and Banking & Credit.