$500M Asset Threshold Home » Topics » Compliance Masters Group (Members Only) » $500M Asset Threshold This topic has 5 replies, 4 voices, and was last updated 4 years, 5 months ago by JGo9. Viewing 6 posts - 1 through 6 (of 6 total) Author Posts June 11, 2020 at 12:27 pm EDT #32336 JGo9Participant Are there any regulatory compliance items to address when crossing the $500 million asset threshold? Such as additional regulatory burdens, exemptions that go away, etc. Thanks! June 11, 2020 at 12:34 pm EDT #32337 hcuttsParticipant Here’s a good article from CLA that may help provide some information. https://www.claconnect.com/resources/articles/2018/what-to-expect-when-your-bank-reaches-either-$500-million-or-$1-billion June 11, 2020 at 12:53 pm EDT #32338 JGo9Participant Thank you hcutts! I had found that article and it mainly addresses additional audit requirements. I’m trying to see if it would impact any requirements under the A B C regs. June 11, 2020 at 5:37 pm EDT #32342 jholzknechtKeymaster JGo9 – Nothing comes immediately to mind. I will look at this later this evening and will ask Robin to peek at it as well. June 12, 2020 at 1:10 pm EDT #32345 rcooperMember I can’t think of anything either. I think this would be a proactive conversation to have with your regulator – may gain some info plus it shows you’re concerned about getting everything right as you grow. June 12, 2020 at 3:23 pm EDT #32346 JGo9Participant Jack and Robin, I appreciate you both looking at this. Thanks! Author Posts Viewing 6 posts - 1 through 6 (of 6 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In