OCC mutual savings institution advisory panel meets Sept. 25

August 31, 2018 OCC 0

The Mutual Savings Association Advisory Committee (MSAAC) will discuss topics of interest to the industry during an open meeting Sept. 25 at the headquarters of the Office of the Comptroller of the Currency (OCC).

The purpose of the meeting, scheduled to begin a 8:30 a.m. ET, is to advise the OCC on regulatory or other changes the agency may make to ensure the health and viability of mutual savings associations, according to a meeting notice scheduled for Federal Register publication Tuesday.

Members of the public may submit written statements to council but must have those in no later than 5 p.m. ET Sept. 18. Send statements by email to MSAAC@occ.treas.gov; or by mail to Michael R. Brickman, Designated Federal Officer, Mutual Savings Association Advisory Committee, Office of the Comptroller of the Currency, 400 7th Street, SW., Washington, DC 20219.

Those wishing to attend the meeting should let OCC know so they can provide information required to be allowed in. Contact the OCC no later than 5 p.m. ET Sept. 18 by email to MSAAC@OCC.treas.gov; or call (202) 649-5420.

Mutual Savings Association Advisory Committee; Meeting

Report: NCUA management agrees to seek improved examiner-in-charge rotation policy compliance

February 21, 2025 0

A self-initiated audit of the agency’s compliance with its examiner-in-charge rotation policy and procedures found rotation occurred but identified several instances where it did not comply, according to a report by the agency’s inspector general office. The report by the [...]
FDIC updates list of entities seeking brokered deposits ‘primary purpose’ exception

February 21, 2025 0

After a long pause, the federal bank deposit insurer has resumed updating its list of notices of entities seeking a “primary purpose” exception under the agency’s brokered deposits regulation. Specifically, the four firms listed are seeking a primary purpose exception [...]
GAO urges regulators to adopt rules on executive incentive compensation (after 14 years)

February 20, 2025 0

Rules on incentive compensation, which figured into the demise of three large regional banks two years ago, should be finalized, according to a recommendation made by the congressional watchdog and published Thursday. The Government Accountability Office (GAO), in a report, [...]
Barr offers seven risks to watch for in financial system, offers insights into his position to step down as supervisor, but remain on Fed Board

February 20, 2025 0

Seven specific risks ahead for national bank regulators were outlined by the outgoing Federal Reserve’s top supervisor Thursday, as he also outlined his plans ahead. Federal Reserve Board Vice Chair for Supervision Michael Barr said the seven specific risks are: [...]
Exam council publishes change to interest-rate risk analysis, says to expect further changes in other areas

February 20, 2025 0

Changes to the interest-rate risk analysis page of the consolidated financial institution performance report were announced Thursday by the umbrella group for federal regulators. The changes, according to the Federal Financial Institution Examinations Council (FFIEC), are part of a previously [...]
Six prohibition orders issued by national bank regulator, along with agreements with two banks over ‘unsafe, unsound practices’

February 20, 2025 0

Six prohibition orders were issued by the national bank regulator so far in February, the agency said Thursday. Formal agreements were also reached with both Michigan and Connecticut banks, both the result of “unsafe or unsound purposes,” the Office of [...]

Related