Agency Reorganization; Correction, 61145 [2017-27962]
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Federal Register / Vol. 82, No. 247 / Wednesday, December 27, 2017 / Rules and Regulations
§ 195.12
Definitions.
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(u) Small savings association—(1)
Definition. Small savings association
means a savings association that, as of
December 31 of either of the prior two
calendar years, had assets of less than
$1.252 billion. Intermediate small
savings association means a small
savings association with assets of at
least $313 million as of December 31 of
both of the prior two calendar years and
less than $1.252 billion as of December
31 of either of the prior two calendar
years.
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FEDERAL RESERVE SYSTEM
12 CFR Chapter II
For the reasons set forth in the
section, the
Board of Governors of the Federal
Reserve System amends part 228 of
chapter II of title 12 of the Code of
Federal Regulations as follows:
SUPPLEMENTARY INFORMATION
PART 228—COMMUNITY
REINVESTMENT (REGULATION BB)
5. The authority citation for part 228
is revised to read as follows:
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Authority: 12 U.S.C. 321, 325, 1828(c),
1842, 1843, 1844, and 2901 et seq.
6. Section 228.12 is amended by
revising paragraph (u)(1) to read as
follows:
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§ 228.12
Definitions.
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(u) Small bank—(1) Definition. Small
bank means a bank that, as of December
31 of either of the prior two calendar
years, had assets of less than $1.252
billion. Intermediate small bank means
a small bank with assets of at least $313
million as of December 31 of both of the
prior two calendar years and less than
$1.252 billion as of December 31 of
either of the prior two calendar years.
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Authority: 12 U.S.C. 1814–1817, 1819–
1820, 1828, 1831u and 2901–2908, 3103–
3104, and 3108(a).
8. Section 345.12 is amended by
redesignating paragraph (j)(5) as
paragraph (j)(4) and revising paragraph
(u)(1) to read as follows:
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§ 345.12
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(u) Small bank—(1) Definition. Small
bank means a bank that, as of December
31 of either of the prior two calendar
years, had assets of less than $1.252
billion. Intermediate small bank means
a small bank with assets of at least $313
million as of December 31 of both of the
prior two calendar years and less than
$1.252 billion as of December 31 of
either of the prior two calendar years.
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Dated: December 19, 2017.
Karen Solomon,
Acting Senior Deputy Comptroller and Chief
Counsel.
By order of the Board of Governors of the
Federal Reserve System, acting through the
Secretary of the Board under delegated
authority.
Ann E. Misback,
Secretary of the Board.
By order of the Board of Directors.
Dated at Washington, DC, this 14th day of
December 2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017–27813 Filed 12–26–17; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P
NATIONAL CREDIT UNION
ADMINISTRATION
12 CFR Part 790
RIN 3133–AE81
Agency Reorganization; Correction
daltland on DSKBBV9HB2PROD with RULES
12 CFR Chapter III
SUMMARY:
7. The authority citation for part 345
continues to read as follows:
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VerDate Sep<11>2014
18:49 Dec 26, 2017
Jkt 244001
§ 790.2
[Corrected]
On page 60292, in the second column,
in part 790, in amendment 10, the
instruction ‘‘In § 790.2, revise the
second sentence of paragraph (b)(6),
paragraph (b)(12), the third sentence of
paragraph (b)(13), and paragraph (b)(15)
to read as follows:’’ is corrected to read
‘‘In § 790.2, revise the second sentence
of paragraph (b)(6), paragraph (b)(12),
the fourth sentence of paragraph (b)(13),
and paragraph (b)(15) to read as
follows:’’
By the National Credit Union
Administration Board on December 21, 2017.
Gerard Poliquin,
Secretary of the Board
[FR Doc. 2017–27962 Filed 12–26–17; 8:45 am]
BILLING CODE 7535–01–P
BUREAU OF CONSUMER FINANCIAL
PROTECTION
12 CFR Part 1003
Home Mortgage Disclosure
(Regulation C) Adjustment to AssetSize Exemption Threshold
Bureau of Consumer Financial
Protection.
ACTION: Final rule; official commentary.
AGENCY:
The Bureau of Consumer
Financial Protection (Bureau) is issuing
a final rule amending the official
commentary that interprets the
requirements of the Bureau’s Regulation
C (Home Mortgage Disclosure) to reflect
the asset-size exemption threshold for
banks, savings associations, and credit
unions based on the annual percentage
change in the average of the Consumer
Price Index for Urban Wage Earners and
Clerical Workers (CPI–W). Based on the
2.1 percent increase in the average of
the CPI–W for the 12-month period
ending in November 2017, the
exemption threshold is adjusted to
increase to $45 million from $44
million. Therefore, banks, savings
associations, and credit unions with
assets of $45 million or less as of
December 31, 2017, are exempt from
collecting data in 2018.
DATES: This final rule is effective
January 1, 2018.
FOR FURTHER INFORMATION CONTACT:
Monique Chenault, Paralegal Specialist,
Office of Regulations, Consumer
Financial Protection Bureau, 1700 G
SUMMARY:
National Credit Union
Administration (NCUA).
ACTION: Final rule; correction.
PART 345—COMMUNITY
REINVESTMENT
In FR Doc.
2017–27411, appearing on page 60290
in the Federal Register of Wednesday,
December 20, 2017, the following
corrections are made:
SUPPLEMENTARY INFORMATION:
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Definitions.
FEDERAL DEPOSIT INSURANCE
CORPORATION
Authority and Issuance
For the reasons set forth in the
SUPPLEMENTARY INFORMATION section, the
Board of Directors of the Federal
Deposit Insurance Corporation amends
part 345 of chapter III of title 12 of the
Code of Federal Regulations to read as
follows:
AGENCY:
The NCUA is correcting a
final rule that appeared in the Federal
Register on December 20, 2017. The
document implemented certain features
of the NCUA reorganization that the
NCUA Board announced earlier this
year. This correction amends one
reference within the document.
DATES: This correction is effective
January 6, 2018.
FOR FURTHER INFORMATION CONTACT:
Elizabeth Wirick, Senior Staff Attorney,
Office of General Counsel, 1775 Duke
Street, Alexandria, VA 22314 or
telephone (703) 518–6540.
PO 00000
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27DER1
Agencies
[Federal Register Volume 82, Number 247 (Wednesday, December 27, 2017)]
[Rules and Regulations]
[Page 61145]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-27962]
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NATIONAL CREDIT UNION ADMINISTRATION
12 CFR Part 790
RIN 3133-AE81
Agency Reorganization; Correction
AGENCY: National Credit Union Administration (NCUA).
ACTION: Final rule; correction.
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SUMMARY: The NCUA is correcting a final rule that appeared in the
Federal Register on December 20, 2017. The document implemented certain
features of the NCUA reorganization that the NCUA Board announced
earlier this year. This correction amends one reference within the
document.
DATES: This correction is effective January 6, 2018.
FOR FURTHER INFORMATION CONTACT: Elizabeth Wirick, Senior Staff
Attorney, Office of General Counsel, 1775 Duke Street, Alexandria, VA
22314 or telephone (703) 518-6540.
SUPPLEMENTARY INFORMATION: In FR Doc. 2017-27411, appearing on page
60290 in the Federal Register of Wednesday, December 20, 2017, the
following corrections are made:
Sec. 790.2 [Corrected]
0
On page 60292, in the second column, in part 790, in amendment 10, the
instruction ``In Sec. 790.2, revise the second sentence of paragraph
(b)(6), paragraph (b)(12), the third sentence of paragraph (b)(13), and
paragraph (b)(15) to read as follows:'' is corrected to read ``In Sec.
790.2, revise the second sentence of paragraph (b)(6), paragraph
(b)(12), the fourth sentence of paragraph (b)(13), and paragraph
(b)(15) to read as follows:''
By the National Credit Union Administration Board on December
21, 2017.
Gerard Poliquin,
Secretary of the Board
[FR Doc. 2017-27962 Filed 12-26-17; 8:45 am]
BILLING CODE 7535-01-P