Modifications to the Community Bank Leverage Ratio Framework

Financial Institution Letter

April 6, 2020

Modifications to the Community Bank Leverage Ratio Framework

Summary:

The Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, and Office of the Comptroller of the Currency issued two interim final rules that make changes to the community bank leverage ratio framework and implement Section 4012 of the Coronavirus Aid, Relief, and Economic Security Act.

Statement of Applicability to Institutions with Total Assets Under under $1 Billion:

The two interim final rules are applicable to all non-advanced approaches FDIC-supervised institutions with less than $10 billion in total consolidated assets.

Distribution:

FDIC-Supervised Institutions

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