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February 2021

Comments due: FDIC, Federal Reserve, OCC (interim final rule; temporary asset thresholds)

February 1

To mitigate temporary transition costs on banking organizations related to the coronavirus disease 2019 (COVID event), the Federal Deposit Insurance Corp. (FDIC), Federal Reserve, and Office of the Comptroller of the Currency (OCC) have issued…

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Comments due: NCUA (proposed rule; mortgage servicing rights)

February 1

The National Credit Union Administration (NCUA)Board proposes to amend its investment regulation to permit federal credit unions (FCUs) to purchase mortgage servicing rights from other federally insured credit unions under certain conditions. Reg lookup: Mortgage…

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Comments due: NCUA (proposed rule; capitalization of interest/loan workouts, modifications)

February 2

The NCUA Board seeks public comment on a proposed rule to amend its regulations by removing the prohibition on the capitalization of interest in connection with loan workouts and modifications. The proposed rule would establish…

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Comments due: OCC (proposed rule; Community Reinvestment Act regulations)

February 2

The Office of the Comptroller of the Currency is issuing a notice of proposed rulemaking to request comment on its proposed approach to determine the Community Reinvestment Act (CRA) evaluation measure benchmarks, retail lending distribution…

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Comments due: CFPB (advance notice of proposed rule making; consumer access to financial records)

February 4

The Consumer Financial Protection Bureau (CFPB) invites comments on an advance notice of proposed rulemaking (ANPR) addressing requirements under section 1033 of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) that the bureau…

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Comments due: NCUA (proposed rule; chartering and field of membership, service facility)

February 10

The National Credit Union Administration (NCUA) Board proposes to amend its chartering and field of membership (FOM) rules to modernize requirements related to service facilities for multiple common bond federal credit unions (FCUs). It proposes…

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Comments due: Federal Reserve (advance notice of proposed rule making; Community Reinvestment Act)

February 16

The Federal Reserve Board invites public comment on an advance notice of proposed rulemaking (ANPR) to solicit public input regarding modernizing the board’s Community Reinvestment Act (CRA) regulatory and supervisory framework. The Fed Board seeks…

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Meeting: NCUA Board

February 18 @ 10:00 am - 12:00 pm

The National Credit Union Administration (NCUA) Board will hold an open meeting.

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March 2021

Comments due: Federal Reserve (proposed rule; interest on Reg D reserves)

March 9

The Federal Reserve Board proposes to amend its Regulation D to eliminate references to an “interest on required reserves” rate and to an “interest on excess reserves” rate and replace them with a reference to…

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Meeting: NCUA Board

March 18 @ 12:00 pm

The National Credit Union Administration (NCUA) Board will hold an open meeting.

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