Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
A pledge to develop partnerships with minority depository institutions is being promoted to all large and midsize banks by the agency that charters and supervises national banks and federal savings associations. The Office of the […]
Title: Community Reinvestment Act Regulations Subject: CRA Agency: OCC Status: Proposed rule Summary: The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to request comment on the OCC’s […]
The federal agency that charters and supervises national banks and federal savings associations on Wednesday named three individuals who will, by year-end, transition to deputy comptroller posts for the Western District, for midsize bank supervision, […]
Title: Temporary Asset Thresholds Subject: Regulatory asset thresholds Agency: FDIC, Federal Reserve, OCC Status: Interim final rule; COVID response Summary: To mitigate temporary transition costs on banking organizations related to the coronavirus disease 2019 (COVID […]
A 3% reduction in calendar 2021 assessment rates in all fee schedules applied to national banks, federal savings associations, and federal branches and agencies of foreign banks was announced Tuesday by the Office of the Comptroller […]
Community banks could use asset data from the end of last year to determine applicability of various regulatory assets thresholds for the remainder of this year and all of next under an interim final rule […]
A total of 570 banks and savings associations throughout the country are scheduled for Community Reinvestment Act (CRA) evaluations over the first and second quarters of 2021, according to the schedules released Monday by the […]
Instructions and technical specifications for preparing and submitting quantitative measurements under the Volcker rule are outlined in a bulletin issued Monday by the federal regulator of national banks. The instructions and specifications issued by the […]
Banks, “as soon as practicable,” should cease entering into new contracts that employ a widely used reference rate that is being phased out, the three federal banking agencies in a statement issued Monday. The recommendation is […]
An overview of policy considerations and decision criteria that the regulator of national banks and federal thrifts considers when reviewing applications from thrifts to convert from mutual to stock form of ownership has been published […]
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