Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
The federal regulator of national banks has selected Amanda Freedle to be its next deputy comptroller and chief accountant, effective March 28, the agency announced Friday. Freedle, in her new role, will lead the Office […]
Of the 11 banks whose Community Reinvestment Act (CRA) evaluation ratings became public in February, one received the rating of outstanding and the other 10 were rated satisfactory, the national bank regulator said Tuesday. The […]
Revised booklets for the Comptroller’s Licensing Manual were released Monday by the Office of the Comptroller of the Currency (OCC) and replace booklets having the same titles that were issued between June 2017 and January […]
A total of 208 banking institutions are scheduled for Community Reinvestment Act (CRA) evaluations by the national bank regulator over the second and third quarters of 2022, according to the agency. The Office of the […]
In a sign that the current acting comptroller of the currency may stay in that position for a bit longer, the Office of the Comptroller of the Currency (OCC) advertised Wednesday for a “senior advisor […]
A new set of frequently asked questions (FAQs), with answers, addressing transitional issues related to last year’s rescission of a 2020 final Community Reinvestment Act (CRA) rule was issued Tuesday by the Office of the […]
A brief list of January enforcement actions released Thursday by the Comptroller of the Currency includes no civil money penalty assessments, cease-and-desist orders, or removal/prohibition orders against institution-affiliated persons. The list of four actions taken […]
Efforts to open up economic and financial system access for Detroit’s underserved communities were launched Tuesday by the Office of the Comptroller of the Currency (OCC). The agency said Acting Comptroller of the Currency Michael […]
Credit risk for large, syndicated loans remains high but did improve “modestly” last year, according to a joint report issued by the federal banking regulators Monday. In their 2021 Shared National Credit (SNC) Review Report, […]
A notice of proposed rulemaking on modernized Community Reinvestment Act (CRA) requirements will be released jointly in the “not-too-distant future” by the three federal bank regulators, the Acting Comptroller of the Currency said Monday. Michael […]
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