Agencies Release List of Distressed or Underserved Non-Metropolitan Middle-Income Geographies
June 1, 2007
Circular No. 11866

The federal bank and thrift regulatory agencies have announced the availability of the 2007 list of distressed or underserved non-metropolitan middle-income geographies in which bank revitalization or stabilization activities will receive Community Reinvestment Act (CRA) consideration as "community development."

"Distressed non-metropolitan middle-income geographies" and "underserved non-metropolitan middle-income geographies" are designated by the agencies in accordance with their CRA regulations.

As in past releases, the 2007 list will incorporate a one-year lag period for geographies that were designated as distressed or underserved in 2006, but were not designated as such in the 2007 release.

See press release for full details.

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