# Regulatory Capital Rule: Temporary Changes to and Transition for the Community Bank Leverage Ratio Framework
> **US Federal Reserve System** · Final rule. · Published 2020-10-09 · Effective 2020-11-09 · 85 FR 64003
## Document
- **Document number:** 2020-19922
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 85 FR 64003
- **CFR reference:** 12 CFR 3
- **Publication date:** 2020-10-09
- **Effective date:** 2020-11-09
- **Docket:** Docket ID OCC-2020-0017
## Abstract

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are adopting as final the revisions to the community bank leverage ratio framework made under two interim final rules issued in the Federal Register on April 23, 2020. The final rule adopts these interim final rules with no changes. Under the final rule, the community bank leverage ratio will remain 8 percent through calendar year 2020, will be 8.5 percent through calendar year 2021, and will be 9 percent thereafter. The final rule also maintains a two- quarter grace period for a qualifying community banking organization whose leverage ratio falls no more than 1 percentage point below the applicable community bank leverage ratio requirement.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/10/09/2020-19922/regulatory-capital-rule-temporary-changes-to-and-transition-for-the-community-bank-leverage-ratio)
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