District Circular Letters
August 14, 2014
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Loan Coverage Requirements for Safety and Soundness Examinations of Community Banks
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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