Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Topics important to the mutual savings association industry will be on the agenda for a June 29 virtual public meeting of the Office of the Comptroller of the Currency’s (OCC) Mutual Savings Association Advisory Committee […]
“Outstanding” was the rating seven of 18 banks received for their anti-redlining performance evaluations that were made public in May, the national bank regulator said Friday; the other 11 banks received “satisfactory” evaluation ratings. The […]
Banks’ community development activities to help revitalize areas in Puerto Rico and the U.S. Virgin Islands following Hurricane Maria will continue to receive favorable Community Reinvestment Act (CRA) for 36 months, federal regulators said Thursday. […]
A bulletin noting banks’ ability to seek an exemption that permits longer prior notice periods for withdrawals from collective investment funds (CIFs) was issued Thursday by the Office of the Comptroller of the Currency (OCC). […]
Registration availability for a set of free, virtual workshops on compliance risk for board directors of community national banks and federal savings associations was announced Wednesday by the Office of the Comptroller of the Currency […]
Final changes to bank call reports were announced Tuesday by the federal banking agencies, with few if any revisions to those proposed in December and February; the effective dates for the changes are June 30 […]
The Office of the Comptroller of the Currency (OCC) has 133 banks on its Community Reinvestment Act (CRA) evaluation schedule in the two final quarters of 2021, with a concentration of efforts planned in Illinois […]
A final rule that provides an exception allowing longer than the standard withdrawal period for certain bank- or savings association-administered collective investment funds (CIF) was made final Friday by the Office of the Comptroller of […]
Ratios used to determine whether a bank may establish or buy a branch (or branches) without triggering prohibitions on doing so primarily for producing deposits were released Friday by federal banking agencies. The “host state […]
“Unsafe and unsound practices” are the reason cited for an enforcement order dated April 20 between Milton Savings Bank, Milton, Pa., and the Office of the Comptroller of the Currency (OCC), according to information released […]
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