Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Federal savings associations (FSAs) that had total consolidated assets of $20 billion or less as of Dec. 31, 2017, can elect to operate as “covered” savings associations and enjoy the same rights and privileges as […]
At least four variations of counterfeit checks bearing the routing number of 081906275, which belongs to Farmers & Merchants National Bank, Nashville, Ill., are reportedly being presented for payment nationwide in connection with various online […]
The number of banks and mutual savings associations with exam ratings of 4 or 5 is at its lowest level since 2011, continuing a decline that began eight years ago, the federal regulator for the […]
Four bankers are now members of the Mutual Savings Association Advisory Committee (MSAAC) of the regulator of national banks, the agency announced Wednesday. They join five other current members of the committee. The Office of […]
A proposal to determine the application of regulatory capital requirements for intermediate-sized holding companies of foreign banking organizations (FBOs) is set to be published Friday by the federal banking agencies. Comments will be due June […]
Congress should establish a consistent, nationwide requirement that legal entities provide and update accurate beneficial ownership information, a top official of the regulator of national banks told a Senate committee Tuesday. In testimony before the […]
Financial system risk, the government’s fight against illicit financing, and low-income-designated credit unions’ ability to accept deposits from public units and nonmembers are the key topics showing up on federal regulators’ schedules for the week […]
Three national banks and one federal savings association (FSA) supervised by the Office of the Comptroller of the Currency (OCC) were rated “outstanding” for their Community Reinvestment Act (CRA) compliance efforts in evaluations that became […]
Two workshops focusing on credit risk and compliance risk are slated June 4 and 5 in Kentucky for directors of national banks and federal savings associations (FSAs) supervised by the Office of the Comptroller of […]
An “Innovation Pilot Program” that will test novel or innovative products, services, processes and other activities by financial institutions was unveiled Tuesday by the regulator of national banks. The Office of the Comptroller of the […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info