OCC 2004-43
OCC BULLETIN  

Subject:     Community Reinvestment Act
Description: Income Level, Median Family Income

Date:        September 9, 2004

TO:  Chief Executive Officers and Compliance Officers of All
     National Banks, Department and Division Heads, and All
     Examining Personnel

Attached are U.S. Census and 2004 Department of Housing and Urban
Development (HUD) estimated median family incomes for
metropolitan statistical areas (MSAs), metropolitan divisions
(MDs), and nonmetropolitan portions of each state.  The U.S.
Census data, which are based on 2000 income data, were recently
updated to reflect revisions made by the Office of Management and
Budget to the definitions and boundaries of MSAs and MDs.  These
data are used to determine 2004 income levels of geographies in
Community Reinvestment Act (CRA) performance evaluations.  The
annual HUD data are used to determine 2004 borrower income levels
in CRA performance evaluations.

The regulation implementing the CRA, 12 CFR 25, classifies the
income level of an individual or a geography as low-, moderate-,
middle-, or upper-income, based on the area median income.  Area
median income is defined as "the median family income for the
MSA, if a person or geography is located in an MSA, or for the
metropolitan division, if a person or geography is located in an
MSA that has been subdivided into metropolitan divisions;" or
"the statewide nonmetropolitan median family income, if a person
or geography is located outside an MSA."

Please direct questions regarding this bulletin to your
supervisory office or to the Compliance Department in Washington,
D.C. at (202) 874-4428.




_____________________________
Ann F. Jaedicke
Deputy Comptroller for Compliance



Attachment - FFIEC Census and HUD-estimated MSA/MD Median Family
             Incomes for 2004 CRA/HMDA Reports

            [http://www.occ.treas.gov/ftp/bulletin/2004-43a.pdf]