Late last month, federal banking regulators proposed lowering the Community Bank Leverage Ratio (CBLR) for qualifying community banks and bank holding companies from 9% to 8% while extending the timeframe for certain banks to remain in the program.

The Office of the Comptroller of the Currency (OCC), the Federal Reserve and the Federal Deposit Insurance Corp. (FDIC) said the changes align the CBLR framework with the threshold established in the 2018 Economic Growth, Regulatory Relief and Consumer Protection Act.

The proposal, outlined in the Federal Register, would also extend from two to four quarters the period that details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com