FFIEC releases 2023 census flat file, median family income report to aid HMDA, CRA compliance

The 2023 Census flat file and FFIEC Median Family Income Report, both containing data used for Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA) compliance purposes, were released Thursday by the umbrella group of federal financial institution regulators.

Wednesday’s flat file from the Federal Financial Institutions Examination Council (FFIEC) will be followed later this year with a second release of the flat file including demographics for the four island areas, the council said. That will be followed shortly with release of the final 2022 flat file, it added.

The FFIEC says its census flat files are a convenient method of accessing and analyzing the FFIEC census data that are used to create the HMDA and CRA Aggregate and Disclosure Reports. The files contain more than 1,000 fields of census data and are updated annually, the council said, to reflect changes to metropolitan statistical area (MSA) and metropolitan division (MD) boundaries announced by the Office of Management and Budget (OMB) and CRA distressed/underserved census tracts as announced by the federal banking regulatory agencies.

“This release does not include boundary changes from OMB Bulletin 23-01 (or any future bulletins for 2023); these will be included in the 2024 release next year,” it said.

FFIEC Census Flat Files

FFIEC Median Family Income Report

OMB Bulletin 23-01