Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does an ISB have to be examined under the new intermediate small bank examination criteria?

April 26, 2017Bank criteria examined Intermediate ISB small

0

Posted

Does an ISB have to be examined under the new intermediate small bank examination criteria?

1 Answer

0

Posted

No. Any bank may elect to be evaluated as a large bank under the three-part lending, investment, and service test as long as it collects and submits the required loan data, as outlined in the regulation. See 12 CFR 25.21(a)(3).