12 CFR 52.5
§ 52.5 Temporary relief.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 52.5, § 52.5 Temporary relief, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43642
- Permanent ID
ys:prov:43642@1- SHA-256
0cf54ce764c032d2652cf07c1d06bec3fff7eb5ecffc26f66aca2797eaeb3587
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Full text
In determining whether it meets the asset threshold in paragraph (1) of the definition of “covered depository institution” in § 52.5 of this part, for purposes of a report required to be submitted for calendar year 2021, a national bank, Federal savings association, or insured Federal branch may refer to the lesser of its total consolidated assets as reported in its report of condition as of December 31, 2019, and its total consolidated assets as reported in its report of condition for the second calendar quarter of 2020.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.