trust powers – Regulatory Report

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[ July 7, 2026 ] Fed gets in on the act for anti-money laundering changes with other regulators, proposing focus on risk The Fed
[ July 7, 2026 ] OCC sets places, dates for summer director, senior manager workshops OCC
[ July 2, 2026 ] Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution The Fed
[ July 2, 2026 ] Agency promotes from within for leader to oversee supervisory data, systems OCC
[ July 1, 2026 ] Noncash payments up 300% overall since year 2000, led by debit cards, Fed study finds The Fed

Old thrift supervisor’s rules on trusts powers removed, but agency retains requirements for explicit permission before powers are exercised

November 26, 2018 0

The Federal Deposit Insurance Corp. (FDIC) is removing from its roster of regulations some old rules on trust powers that were promulgated by the Office of Thrift Supervision (OTS), but it’s modifying FDIC rules to […]

Proposal would require FDIC consent for state savings associations to exercise trust powers

April 9, 2018 0

The federal agency that insures bank deposits is proposing to eliminate regulations written by a long-departed federal thrift regulatory agency regarding state savings associations’ exercise of trust powers. The proposal would also bring state savings […]

Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution

July 2, 2026 0

A Lenexa, Kansas, bank is “significantly undercapitalized” and has adopted a prompt corrective action directive prepared by the Federal Reserve, the agency said Thursday. Small Business Bank of Lenexa adopted the prompt corrective action directive after being found undercapitalized by [...]
Agency promotes from within for leader to oversee supervisory data, systems

July 2, 2026 0

Supervisory data, systems, reports and analytics, in support of supervision objectives and the national bank regulator’s mission, will be the responsibility of Jamie Wilds, the agency announced Thursday. In a release, the Office of the Comptroller of the Currency (OCC) [...]