💼Annual Adjustments to Community Financial Institutions Asset Cap for 2025
Notice of Annual Adjustment of the Cap on Average Total Assets That Defines Community Financial Institutions
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 $1,500,000,000, 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). This change is effective as of January 1, 2025.
Agencies
- Federal Housing Finance Agency
Business Impact
$$ - Med
The content involves a regulatory adjustment impacting community financial institutions, directly affecting business owners' compliance and operational strategies due to the increased asset cap of $1.5 billion starting January 1, 2025. This may influence financial planning and access to benefits associated with Bank membership.