To exempt certain financial institutions from the examination requirements of the Community Reinvestment Act of 1977.

Amends the Community Reinvestment Act of 1977 to exempt a regulated financial institution from its examination requirements if: (1) the institution's main office is located in a local governmental unit of not more than 15,000 persons, and which is not part of a metropolitan statistical area; (2) the institution and its parent bank holding company have aggregate assets of not more than $75,000,000; and (3) the aggregate outstanding balances of loans made by the institution comprise at least 50 percent of its deposits.