Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
The Senate Banking Committee Tuesday postponed its Thursday hearing featuring leaders from the three federal banking agencies and the federal credit union regulator. No reason was given for the postponement, and no new date was […]
Five policies and practices aimed to clarify use of supervisory guidance were issued in a joint statement Tuesday by the five federal financial institution regulatory agencies, which the agencies said were meant to clarify that […]
Counterfeit official bank checks using the routing number of First Federal Bank of Ohio, in Galion, Ohio, have been reported as being presented for payment nationwide in connection with online auction and job opportunity scams, […]
National banks and federal savings associations in the southeastern and mid-Atlantic states affected by the severe weather expected to develop from Hurricane Florence may close, their federal regulator said Tuesday. In a statement, the Office […]
Federal savings associations with $20 billion or less in consolidated assets could elect to operate with national bank powers – while taking on the duties and restrictions applied to national banks – under a proposed rule issued Monday […]
Questions about rulemaking under the recently enacted regulatory relief law – with the first hearing set to feature appointees to the four bank and credit union agencies by the current president – will get at […]
Trading revenue declined by more than 16% in the second quarter by commercial banks and federal savings associations, the regulator of national banks said Monday in a release, representing a drop of $1.3 billion from […]
The 30-day extension of the comment period on proposed changes to the “Volcker Rule” was made by federal banking and trading markets regulators after commenters – in three letters in particular – suggested doing so […]
Two financial institutions earned “outstanding” ratings in their evaluations for compliance with rules implementing anti-redlining laws – and 14 others received “satisfactory” – according to results for August released Thursday by the federal regulator of […]
President Donald Trump’s appointees to each of the four federal bank and credit union regulatory agencies will testify together for the first time during a Senate Banking Committee hearing next week on implementation of the […]
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