OCC

Bulletin highlights key changes proposed for CRA regs

September 22, 2017 0

A bulletin outlining key proposed changes implementing Community Reinvestment Act (CRA) regulations by three supervisory agencies has been issued by the Office of the Comptroller of the Currency (OCC), noting both highlights and technical amendments. […]

Federal financial regulation

Indiana regulator named to state panel of Exam Council

September 22, 2017 0

The coordinating group for the federal financial institution regulators has named an Indiana regulator to its state advisory group, filling out the group’s membership roster. Tom Fite, director of the Indiana Department of Financial Institutions […]

NCUA

$39.5 million awarded to 56 CUs for community development

September 21, 2017 0

Awards totaling $39.5 million will be awarded to 56 federally insured credit unions from the Community Development Financial Institutions (CDFI) Fund, with nearly half (27) of the credit unions being first-time awardees, NCUA announced Thursday. According […]

Other

FAQs for Basel updated (with flowcharts)

September 21, 2017 0

Updates to frequently asked questions (FAQs) on the definition of capital were published Sept. 19 by the Basel Committee (the international group that recommends capital benchmarks for financial institutions). The FAQs are supplemented by two […]

NCUA

Board to decide on merging funds, distributions

September 21, 2017 0

Adoption of a final rule to merge the federal credit union savings insurance fund with a fund set up to stabilize “corporate” credit unions in the wake of the financial crisis will be considered by […]

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