The public comment periods close this week on banking agencies’ proposal to raise the real estate appraisal threshold for banks to $400,000 and, separately, a proposed adjustment in the funds-availability amounts under Regulation CC. Both […]
A joint agency proposal to hike the major assets prohibition thresholds below which banks and thrifts would be exempt from a prohibition on management official interlocks is detailed in a bulletin issued Monday by the […]
A revised “Subsidiaries and Equity Investments” booklet of the Comptroller’s Licensing Manual was issued Jan. 31 by the Office of the Comptroller of the Currency (OCC), the agency said in its most recent bulletin to […]
An asset-size adjustment by the Consumer Financial Protection Bureau (CFPB) for lenders exempt from escrow requirements for higher-priced loans was published in the Federal Register Monday – the last of several CFPB notices that had […]
Eleven banks and thrifts located in Colorado, Florida, Wisconsin, and Illinois have been rated “outstanding” for Community Reinvestment Act (CRA) compliance, according to the list of 48 CRA ratings made public in January by the […]
Support for the Community Reinvestment Act (CRA) runs “broad and deep” among commenters and industry and community panels on the advance notice of proposed rulemaking issued last August, a Federal Reserve Board governor said in […]
Final guidance for 2019 and later resolution plans (“living wills”) that the eight largest, complex U.S. banking institutions are required to submit each July 1 is slated for publication in the Federal Register Monday. The Federal […]
A former employee of Frost Bank in San Antonio, Texas, has entered into a consent and cease-and-desist order with the Federal Reserve that bars him from future service in any federally insured financial institution and […]
A prohibition order barring Linda S. Pelham, a former CEO of the $35.5 million-in-assets Everglades Federal Credit Union in Clewiston, Fla., from future service in any federally insured financial institution was executed Jan. 14 and […]
A 60-day window for credit union service organizations (CUSOs) to complete their annual, required reaffirmations with the CUSO Registry maintained by the National Credit Union Administration (NCUA) opens Friday and concludes March 31. Launched in […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info