Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Nearly 600 banks are scheduled to receive their Community Reinvestment Act (CRA) evaluations sometime during the first or second quarters of 2025, according to schedules released by two regulators. The Office of the Comptroller of […]
Fees the national bank regulator charges supervised banks are going up next year, with a 16% increase planned for rates in the general assessment fee schedule for assets above $40 billion and 2.65% for all […]
Two long-time bank examiners – Robert Barnes and Kevin Greenfield – were promoted to the posts of deputy comptrollers for large bank supervision, the Office of the Comptroller of the Currency (OCC) said Wednesday. The […]
The national bank regulator has named three of its examiners as “senior national bank examiners,” a rare designation that Comptroller of the Currency Michael Hsu said has been bestowed on just a “select few” examiners […]
Operational resilience standards for critical operations at banks will be the subject of a forthcoming advance notice of proposed rulemaking (ANPR), the leader of the Office of the Comptroller of the Currency (OCC) said Friday. […]
Revised recovery planning standards for certain large insured national banks, federal savings associations, and federal branches, were published late Tuesday by the national bank regulator; the standards are effective Jan. 1 with staggered compliance dates, […]
Interest rate risk (IRR) data gathered during examinations of midsize and community banks and federal savings associations are presented in the annual statistics report issued by the national bank regulator, published Monday. The Office of […]
Formal agreements with five banks for “unsafe or unsound practices” were reached by the national bank regulator in October, so far, the agency said in a Thursday release. The five actions included the agreement reached […]
Fines of $1.8 billion announced Oct. 10 against TD Bank N.A. (TDBNA) for violations of anti-money laundering laws were the result of a coordinated resolution among the federal banking agencies and law enforcement, according to […]
Federal financial institution regulators and Florida’s financial regulatory office teamed up in a joint statement Tuesday on their supervisory considerations in addressing the needs of customers and financial institutions affected by Hurricane Milton. In a […]
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