US Fed to mull changes to asset-based community bank definition, Bowman says
By Neil Roland ( October 6, 2026, 19:27 GMT | Insight) -- The US Federal Reserve this year will consider changes to the asset-based community bank threshold of $10 billion in a move to expand the number of small banks relieved of more stringent supervisory expectations, Fed Vice Chair for Supervision Michelle Bowman said. Separately, she said the Fed is starting Tuesday to change its supervisory structure to oversight by five regional Federal Reserve banks in the wake of an independent report last month on the Silicon Valley Bank collapse in March 2023.The US Federal Reserve this year will consider changes to the asset-based community bank threshold of $10 billion in a move to expand the number of small banks relieved of more stringent supervisory expectations, Fed Vice Chair for Supervision Michelle Bowman said. ...
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