Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Of the 85 banks listed in the most recent releases of Community Reinvestment Act (CRA) evaluation ratings, eight were deemed “outstanding” and two were rated “needs improvement,” according to federal banking regulators. Monday, the Federal […]
Banks making loans under the Paycheck Protection Program (PPP) are urged to “prudently document” their decisions for the loans – if nothing else, to help the banks qualify for credit under anti-redlining rules, the regulator […]
The regulator of national banks on Friday issued a bulletin to supervised institutions underscoring the federal regulator’s “exclusive visitorial authority” over the institutions, including with respect to their involvement in federal COVID-19 (coronavirus) financial support […]
Title: Regulatory Capital Rule: Temporary Changes to and Transition for the Community Bank Leverage Ratio Framework Subject: CBLR framework Agency: Final rule Status: Interim final rule; request for comments Summary: The Office of the Comptroller […]
Title: Temporary changes to the community bank leverage ratio framework Subject: CBLR framework Agency: FDIC, Federal Reserve, OCC Status: Final rule Summary: The Office of the Comptroller of the Currency, the Board of Governors of […]
A webinar slated Thursday by the federal bank and credit union regulatory agencies will answer the question of how banks and credit unions can be lenders in the Small Business Administration (SBA) Paycheck Protection Program […]
The comment period opens Thursday for 45 days on an interim final rule (IFR) making temporary changes to the community bank leverage ratio (CBLR), according to filings made by federal banking agencies Wednesday. The IFR […]
Awareness of programs in the face of the coronavirus crisis by the Federal Reserve to help consumers, businesses and state and local governments is the focus of a bulletin issued Monday by the federal regulator […]
Blake Paulson is the national bank regulator’s next chief national bank examiner, adding to his duties now as the head of midsize and community bank supervision, the agency said Thursday. Paulson will assume his additional […]
Accounting and regulatory reporting considerations of a revised interagency statement issued April 7 on loan modifications and reporting by financial institutions working with customers affected by the coronavirus (COVID-19) are the subject of a webinar […]
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