Federal Reserve Bank of San Francisco
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Loan Coverage Requirements for Safety and Soundness Examinations of Community Banks

August 14, 2014

On July 22, 2014, the Board of Governors of the Federal Reserve System released SR letter 14-7, Loan Coverage Requirements for Safety and Soundness Examinations of Community Banks. This letter applies to community state member banks with $10 billion or less in total consolidated assets that are supervised by the Federal Reserve.

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