TITLE

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

AUTHOR(S)
DeMarco, Edward J.
PUB. DATE
March 2013
SOURCE
Federal Register (National Archives & Records Service, Office of;3/29/2013, Vol. 78 Issue 61, p19262
SOURCE TYPE
Government Documents
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. Federal Housing Finance Agency (FHFA) has adjusted the cap on median total assets that defines a Community Financial Institution based on the yearly percentage hike in the Consumer Price Index (CFI) for all urban consumers as published by the Department of Labor (DOL). The changes will become effective by January 1, 2013. The FHFA has raised the CFI asset cap from 1,076,000,000 to 1,095,000,000 U.S. dollars as of January 1, 2013.
ACCESSION #
86876716

 

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