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What's up
  • [ May 8, 2025 ] OCC restores previous merger act rules; comments due in 30 days OCC
  • [ May 7, 2025 ] Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles OCC
  • [ May 6, 2025 ] ‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered CFPB
  • [ May 5, 2025 ] OCC’s RFI asks about obstacles to community banks going digital OCC
  • [ May 5, 2025 ] FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’ FDIC
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The Fed

Nominations of Clarida, Bowman to Fed Board sent to Senate

April 25, 2018 0

The Senate on Tuesday received the president’s nominations of Richard Clarida and Michelle Bowman to complete unexpired terms on the Federal Reserve Board that continue through Jan. 31, 2022, and Jan. 31, 2020, respectively. Clarida […]

NCUA

More brief insured-status statement for CU TV/radio ads allowed beginning May 25

April 25, 2018 0

A final rule that allows credit unions to use a shorter statement regarding their federally insured status in brief television and radio advertisements goes into effect May 25, according to a Federal Register notice published […]

FDIC

FDIC’s Hoenig notes potentially ‘profound’ impact of banks’ capital distributions

April 25, 2018 0

The federal bank deposit insurer’s vice chairman harkens back to the financial crisis in a statement released Wednesday on the agency’s latest “global capital index” (GCI) reading, which shows big banks seeing a capital increase […]

OCC

Proposal to revise CRA rules expected within four weeks, Comptroller says; AML/BSA changes under discussion

April 25, 2018 0

Proposed changes will be unveiled within the next four weeks about revised rules implementing community reinvestment by banks and other financial institutions, the regulator of national banks told a meeting of bankers in Washington Wednesday. […]

CFPB

Consumer bureau’s research council eyes methodology, direction of future research

April 25, 2018 0

A council of academics that advises the Consumer Financial Protection Bureau (CFPB) Office of Research is set to meet May 2 to discuss methodology and direction for the bureau’s consumer finance research. The Academic Research […]

Today

  • OCC restores previous merger act rules; comments due in 30 days

    May 8, 2025 0
    The national bank regulator is restoring its pre-2024 business combinations rule under the Bank Merger Act (BMA), undoing the rule adopted last September and also rescinding its related policy statement. The changes by the Office of the Comptroller of the [...]
  • Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles

    May 7, 2025 0
    National banks and federal savings associations may buy and sell crypto assets held in custody, the national bank regulator confirmed Wednesday in an interpretive letter. The Office of the Comptroller of the Currency (OCC) said the banks may transact the [...]
  • ‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered

    May 6, 2025 0
    Enforcement of last year’s interpretive rule on “buy now, pay later” loans will not be prioritized and could be rescinded in the future, the Consumer Financial Protection Bureau (CFPB), the bureau said Tuesday. As with other rules the bureau has [...]
  • OCC’s RFI asks about obstacles to community banks going digital

    May 5, 2025 0
    Questions about the key challenges and barriers faced by community banks in adopting and implementing digital banking solutions are posed in a request for information (RFI) announced Monday by the national banking regulator. The Office of the Comptroller of the [...]
  • FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’

    May 5, 2025 0
    Of the 64 banks assigned ratings under the federal anti-redlining statute this February, three were rated “outstanding” and 2 were rated “needs to improve,” the federal bank deposit insurer said Monday. The remaining 57 banks were deemed “satisfactory” under the [...]
  • Enforcement of ECOA small-business loan data collection deprioritized at CFPB

    May 1, 2025 0
    Add the agency’s Equal Credit Opportunity Act (ECOA) small-business loan data collection rule to those the Consumer Financial Protection Bureau (CFPB) won’t be going out of its way to enforce. The bureau said Wednesday that in light of a stay [...]
  • Nearly half of 25 banks evaluated in April by OCC earn ‘outstanding’ CRA ratings

    May 1, 2025 0
    About half of banks – out of 25 total – earned “outstanding” ratings for their compliance with anti-redlining regulations during April, the regulator of national banks said Thursday. In its latest monthly release of ratings for compliance with Community Reinvestment [...]
  • Texas commissioner re-elected as chair of state liaison committee to Exam Council

    May 1, 2025 0
    The Texas commissioner of banking will serve as the chair of the state regulator liaison committee for another year to the umbrella group of federal financial institution regulators, the agency announced Thursday. Charles G. Cooper, commissioner of the Texas Department [...]

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