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FDIC RIN: 3064-AF67 Publication ID: Fall 2021 
Title: Temporary Asset Thresholds 
Abstract:

To mitigate temporary transition costs on banking organizations related to the coronavirus disease 2019 (COVID-19), the FDIC, OCC, and FRB (Agencies) issued an interim final rule that permits regulated banks, bank holding companies, savings and loan holding companies, and U.S. branches and agencies of foreign banking organizations with under $10 billion in total assets as of December 31, 2019, (community banking organizations) to use asset data as of December 31, 2019, in order to determine the applicability of various regulatory asset thresholds during calendar years 2020 and 2021. The Agencies intend to adopt as final the interim final rule.

 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 12 CFR 304.12    12 CFR 324.12    12 CFR 337.12    12 CFR 347.211    ...     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 12 U.S.C. 375a(4)    12 U.S.C. 375b    12 U.S.C. 1463(a)(1)    12 U.S.C. 1464(v)    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  12/02/2020  85 FR 77345   
Interim Final Rule Comment Period End  02/01/2021 
Final Rule  01/00/2022 
Additional Information: Email: comments@fdic.gov. Please include RIN 3064-AF67 in the subject line of correspondence.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.fdic.gov/regulations/laws/federal/   Public Comment URL: https://www.fdic.gov/regulations/laws/federal/  
RIN Data Printed in the FR: No 
Related Agencies: Joint: TREAS/OCC, FRS; 
Agency Contact:
Rae-Ann Miller
Assistant Director, Division of Supervision and Consumer Protection
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-8523
Email: rmiller@fdic.gov

Bobby R. Bean
Associate Director
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6705
Email: bbean@fdic.gov

William Piervincenzi
Supervisory Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6957
Email: wpiervincenzi@fdic.gov

Nefretete Smith
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6851
Email: nefsmith@fdic.gov

Jennifer Jones
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6768
Email: jennjones@fdic.gov