Interagency statement for determining asset size of institutions for federal consumer financial law supervisory and enforcement purposes

The Consumer Financial Protection Bureau (CFPB), together with the federal prudential regulators, recently released the enclosed supervisory statement. The Statement explains how the total assets of an insured depository institution or insured credit union (“Institution”) will be measured for purposes of determining supervisory and enforcement responsibilities under sections 1025 and 1026 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). 

Statement

View interagency statement