WASHINGTON - Small banks should not expect any major changes in the frequency of their compliance exams even though the Community Reinvestment Act exam schedule is being lengthened, according to federal regulators.

To ease the regulatory burden, the Gramm-Leach-Bliley Act extended the CRA exam cycle for banks with less than $250 million of assets. Those that received "satisfactory" ratings on their last exam will be reexamined once every four years, and those that rated "outstanding" marks will be due for CRA reexamination once every five years.

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