Large bank

Large bank means a bank, excluding a bank designated as a limited purpose bank pursuant to 228.26, that had assets of at least $2 billion as of December 31 in both of the prior two calendar years. The Board adjusts and publishes the figure in this definition annually, based on the year-to-year change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers, not seasonally adjusted, for each 12-month period ending in November, with rounding to the nearest million.

Source

12 CFR § 228.12

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Scoping language

For purposes of this part, the following definitions apply:

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