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Federal Reserve Bank of Dallas
2200 N. PEARL ST.
DALLAS, TX 75201-2272

September 14, 2005

Notice 05-48
TO: The Chief Executive Officer of each
financial institution and others concerned
in the Eleventh Federal Reserve District

List of Distressed and Underserved
Nonmetropolitan Middle-Income Geographies
The federal banking agencies have announced the availability of the list of distressed and
underserved nonmetropolitan middle-income geographies in which bank revitalization or
stabilization activities will receive Community Reinvestment Act (CRA) consideration as
“community development” pursuant to the revised CRA rules issued by the agencies on August
2, 2005.
“Distressed nonmetropolitan middle-income” geographies are those located in counties that
meet one or more triggers that generally reflect the “distress criteria” used by the Community
Development Financial Institutions (CDFI) Fund. The distress triggers are: (1) an unemployment
rate of at least 1.5 times the national average; (2) a poverty rate of 20 percent or more; and (3)
a population loss of 10 percent or more between the previous and most recent decennial census,
or a net migration loss of 5 percent or more over the five-year period preceding the most recent
census. The agencies will utilize annual information where possible.
A copy of the agencies’ press release and list of distressed and underserved
nonmetropolitan middle-income geographies are available on the Board’s web site at

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal
Reserve Bank of Dallas: Dallas Office (800) 333-4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012;
Houston Branch Intrastate (800) 392-4162, Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.

For more information, please contact Diane van Gelder, Banking Supervision Department,
(214) 922-6282. Previous Federal Reserve Bank notices are available on our web site at or by contacting the Public Affairs Department
at (214) 922-5254.

Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102