← American Bankers Association
OCCRulemakingOCC-2018-0040

Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations

RIN
—
Last modified
Feb 26, 2020
Comment window
closed 2667d ago
American Bankers Association filings
1

Activity

American Bankers Association filed 1 comment on this docket between Apr 10, 2019 and Apr 10, 2019. 18 other organizations filed here. The comment window closed 2667d ago.

What American Bankers Association filed (1)

Apr 10, 2019· American Bankers Association (ABA)· OCC-2018-0040-0025

Filed on regulations.gov — full text not in the inline record.

View on regulations.gov →

Abstract

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) issued a final rule to provide for a simple measure of capital adequacy for certain community banking organizations, consistent with section 201 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. Under the proposal, most depository institutions and depository institution holding companies that have less than $10 billion in total consolidated assets, that meet risk-based qualifying criteria, and that have a community bank leverage ratio of greater than 9 percent would be eligible to opt into a community bank leverage ratio framework. Such banking organizations that elect to use the community bank leverage ratio and that maintain a community bank leverage ratio of greater than 9 percent would not be subject to other risk-based and leverage capital requirements and would be considered to have met the well capitalized ratio requirements for purposes of section 38 of the Federal Deposit Insurance Act and regulations implementing that section, as applicable, and the generally applicable capital requirements under the agencies' capital rule. A correction document was published on February 26, 2020.

View on regulations.gov →

Co-filers (18)

See everyone who commented →