Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Those interested in airing their views on federal banking regulators’ work considering what regulations might be deemed “outdated” or otherwise “unnecessary” can do so during an Oct. 30 outreach meeting in Kansas City, Mo., the […]
A new principal deputy chief counsel and a new top executive for chartering – a move that “elevates” the chartering function – were announced Tuesday by the national bank regulator. The Office of the Comptroller […]
Eliminating “politicized or unlawful debanking” in the federal banking system is the subject of two bulletins issued Monday by the national bank regulator in an effort, the agency said, to “end the weaponization of the […]
Banks on the list of Community Reinvestment Act (CRA) performance evaluation ratings that became public in August included nine rated “satisfactory” and two rated “outstanding,” the national bank regulator said. The list, released Tuesday, showed […]
The national bank regulator is reducing semiannual assessments on supervised institutions slated for Sept. 30, the agency announced Friday. Calling it the fifth such reduction since 2017, the Office of the Comptroller of the Currency […]
A total of 102 national banks and federal savings associations are slated for their anti-redlining Community Reinvestment Act (CRA) evaluations over the final quarter of 2025 and the first quarter of 2026, according to their […]
A former associate banker will be prohibited from further service at a financial institution for stealing about $440,000 from customers of a JPMorgan Chase Bank branch in San Francisco, the national bank regulator said Thursday. […]
Answers to frequently asked questions from banks and examiners on a variety of accounting topics are outlined in an update to the bank accounting advisory series (BAAS) from the national bank regulator, the agency said […]
A rule removing references to “reputation risk” in the national bank regulator’s regulations will soon be proposed, and the agency will also review whether banks have engaged in “debanking” and take remedial actions “if appropriate,” […]
Six banks earned ratings of “outstanding” – out of 15 banks evaluated – during July for compliance with anti-redlining rules, the national bank regulator said Friday. “Outstanding” is the highest rating for banks to receive […]
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