Joint Press Release

Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency

For Immediate Release July 1, 2022


Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies   

Federal bank regulatory agencies today made available the 2022 list of distressed or underserved nonmetropolitan middle-income geographies. These are geographic areas where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA) consideration pursuant to the definition of community development under the agencies’ regulations. Visit the Federal Financial Institutions Examination Council (FFIEC) website to see the 2022 list, previous years’ lists, and criteria for designating these areas.

Distressed or underserved nonmetropolitan middle-income geographies are designated by the agencies in accordance with their CRA regulations. The designations continue to reflect local economic conditions, including unemployment, poverty, and population changes.

The 2022 list uses the County Intercensal Estimates for 2000-2010 for population estimates because the County Intercensal Estimates for 2010-2020 are not yet available.

Revitalization or stabilization activities in these geographies are eligible to receive CRA consideration under the community development definition for 12 months after publication of the current list. As with past lists, the agencies apply a one-year lag period for geographies that were included in 2021 but are no longer designated as distressed or underserved in the current list.



Media Contacts:

Federal Reserve Laura Benedict (202) 452-2955
FDIC LaJuan Williams-Young (202) 898-3876
OCC Stephanie Collins (202) 649-6870