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Old 10-28-2020, 07:29 PM   #3711 (permalink)
BettyZ
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Quote:
Originally Posted by Leingod View Post
I am trying to figure out if we'd be considered a big bank at this point. We just passed the 10 billion dollar threshold so now the govt brings down far tougher regulations and audits on us.
that was less than our pre-tax profit for the first half of last year.

The Fed defines a "big bank" as one with over $250B in assets or over $10B in foreign exposure.

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Last edited by BettyZ; 10-28-2020 at 07:32 PM.
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