A rule regarding fair lending data was rescinded, and another amended related to licensing requirements for community banks, by the national bank regulator Tuesday which said the aim of both was to reduce regulatory burden. […]
The national bank regulator found nine banks to be “outstanding” and 15 to be “satisfactory” for compliance with the anti-redlining Community Reinvestment Act (CRA), according to ratings announced Monday that became public in February, the […]
Nearly 400 banks are slated for evaluations under the anti-redlining Community Reinvestment Act (CRA) over the following two calendar quarters, according to schedules released Friday. Both the Federal Deposit Insurance Corp. (FDIC) and the Office […]
A final rule that aligns regulatory language with related language in underlying statute clarifies that national trust banks may engage in non-fiduciary activities, the national bank regulator announced in a bulletin Friday. The final rule, […]
Updated for Federal Register link and comment deadline. Months after another federal banking regulator – and the federal credit union regulator – issued a proposal to implement new laws allowing banks to issue stablecoins through […]
A new “appeals board” to decide bank appeals, among other things, would be created under a proposal issued Tuesday by the national bank regulator. The proposal by the Office of the Comptroller of the Currency […]
Stress test scenarios for banks with $250 billion or more in assets were released Thursday by two federal banking regulators, with submissions due by April 5 and public release of the results required between June […]
Eight out of the 29 banks whose Community Reinvestment Act (CRA) performance ratings became public in January received “outstanding” marks from the Office of the Comptroller of the Currency (OCC). The remaining 21 banks were […]
Clarifying which documents created for, or received from, the international committee that advocates bank capital standards should be treated as records by the national bank regulator was recommended by the congressional watchdog said Thursday. In […]
A Union City, Calif., banker – alleged to have embezzled more than $800,000 from a Wells Fargo Bank branch over about eight months to cover bets on foreign exchange — has been prohibited from further […]
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