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What's up
  • [ November 28, 2025 ] Four workers from same bank prohibited from future service; three for COVID-era loan program violations FDIC
  • [ November 28, 2025 ] 2% designated reserve ratio continued for FDIC insurance fund FDIC
  • [ November 28, 2025 ] FDIC official digital sign requirement delayed to 2027 to align with proposal FDIC
  • [ November 26, 2025 ] Latest Beige Book reports mixed economic activity, but little changed from last month The Fed
  • [ November 26, 2025 ] OCC sets schedule for CRA exams in first half of ‘26 OCC
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OCC

OCC updates bank accounting advisory guide; revises content, removes outdated questions

August 15, 2025 0

Answers to frequently asked questions from banks and examiners on a variety of accounting topics are outlined in an update to the bank accounting advisory series (BAAS) from the national bank regulator, the agency said […]

OCC

Updated accounting advisory series answers FAQs by banks, examiners

August 21, 2024 0

Agency staff responses to frequently asked questions (FAQs) on a variety of accounting topics from both banks and their examiners are addressed in an updated bank accounting series, the national bank regulator said Aug. 15. […]

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FDIC

Comments due Aug. 26 on FDIC-proposed ratio modifications addressing TDR accounting changes

July 27, 2022 0

Comments on a proposal to include modifications to borrowers experiencing financial difficulty – formerly called troubled debt restructurings (TDRs) by the accounting industry – in the underperforming assets ratio and higher-risk assets ratio for purposes […]

OCC

OCC’s bank accounting series updated to include FASB updates through March

August 16, 2021 0

An accounting series aimed at promoting consistent application of accounting standards and regulatory reporting among supervised banks has been updated by the Office of the Comptroller of the Currency (OCC) and replaces the version published […]

OCC

National bank regulator names successor to chief accountant

June 18, 2018 0

A nine-year veteran of the regulator of national banks is the agency’s next chief accountant and deputy controller, according to a release issued Monday. Sydney Menefee will be the deputy comptroller and chief accountant for […]

Today

  • Four workers from same bank prohibited from future service; three for COVID-era loan program violations

    November 28, 2025 0
    Prohibitions were ordered against or agreed to by four workers of Truist Bank in Charlotte, N.C., in October for misappropriating funds related to coronavirus crisis loan programs, and for cashing bogus checks, the federal bank deposit insurance agency said Friday. [...]
  • 2% designated reserve ratio continued for FDIC insurance fund

    November 28, 2025 0
    A 2% designated reserve ratio (DRR) will continue in 2026 for the Deposit Insurance Fund (DIF for banks, the federal bank deposit insurer said Tuesday. According to a Federal Deposit Insurance Corp. (FDIC) staff memo released for Tuesday’s open board [...]
  • FDIC official digital sign requirement delayed to 2027 to align with proposal

    November 28, 2025 0
    Insured depository institutions (IDIs) have an additional 21 months to comply with a rule requiring the display of the Federal Deposit Insurance Corp. (FDIC) official sign on their digital deposit-taking channels, according to an agency Financial Institution Letter (FIL). The [...]
  • Latest Beige Book reports mixed economic activity, but little changed from last month

    November 26, 2025 0
    Reports of loan demand across the Federal Reserve’s 12 districts were “mixed,” although some reported an ongoing recovery in the office real estate market, according to the latest Beige Book released Wednesday. The Fed’s semi-monthly summary of commentary on current [...]
  • OCC sets schedule for CRA exams in first half of ‘26

    November 26, 2025 0
    About 130 banks are scheduled to receive their anti-redlining compliance exams in the first and second quarters of next year, the national bank regulator said Wednesday. According to the Office of the Comptroller of the Currency (OCC), the largest groups [...]

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