---
kind: "section"
citation: "12 U.S.C. § 2908"
title: "12"
title_heading: "Banks and Banking"
number: "2908"
heading: "Small bank regulatory relief"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/2908"
units:
  - "Chapter 30 — Community Reinvestment"
---

# §2908. Small bank regulatory relief

- (a) **In general—** Except as provided in subsections [(b)](#b) and [(c)](#c), any [regulated financial institution](/usc/12/2902.md?p=2) with aggregate assets of not more than $250,000,000 shall be subject to routine examination under this chapter—
  - (1) not more than once every 60 months for an institution that has achieved a rating of “outstanding record of meeting community [credit](/usc/12/5481.md?p=7) needs” at its most recent examination under [section 2903 of this title](/usc/12/2903.md);
  - (2) not more than once every 48 months for an institution that has received a rating of “satisfactory record of meeting community [credit](/usc/12/5481.md?p=7) needs” at its most recent examination under [section 2903 of this title](/usc/12/2903.md); and
  - (3) as deemed necessary by the [appropriate Federal financial supervisory agency](/usc/12/2902.md?p=1), for an institution that has received a rating of less than “satisfactory record of meeting community [credit](/usc/12/5481.md?p=7) needs” at its most recent examination under [section 2903 of this title](/usc/12/2903.md).
- (b) **No exception from CRA examinations in connection with applications for deposit facilities—** A [regulated financial institution](/usc/12/2902.md?p=2) described in [subsection (a)](#a) shall remain subject to examination under this chapter in connection with an [application for a deposit facility](/usc/12/2902.md?p=3).
- (c) **Discretion—** A [regulated financial institution](/usc/12/2902.md?p=2) described in [subsection (a)](#a) may be subject to more frequent or less frequent examinations for reasonable cause under such circumstances as may be determined by the [appropriate Federal financial supervisory agency](/usc/12/2902.md?p=1).

## Source credit

(Pub. L. 95–128, title VIII, § 809, as added Pub. L. 106–102, title VII, § 712, Nov. 12, 1999, 113 Stat. 1469.)