U.S. federal banking regulators have issued an interim final rule, raising the total asset threshold for community banks' 18-month examination cycle from $3 billion to $6 billion.
U.S. federal banking regulators have issued an interim final rule raising the total asset threshold for community banks to qualify for an 18-month examination cycle from $3 billion to $6 billion. This aims to reduce the regulatory burden on these lower-risk institutions. The move increases the number of community banks eligible for the extended examination cycle, and the rule is effective immediately upon publication in the Federal Register.
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