Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Banks and savings institutions reporting small-business lending data under the Community Reinvestment Act (CRA) said they originated and purchased an aggregate $264.9 billion in such loans during 2019, according to data made available Monday by […]
A period of “no-action” relief for certain noncleared legacy swaps affected by “Brexit” – or the United Kingdom’s (UK) withdrawal from the European Union (EU) – and the expiration of certain “passporting” rights was announced […]
The nation’s bank charterer on Monday named two individuals to senior deputy comptroller positions for midsize and community bank supervision and large bank supervision, completing staffing for two slots vacated due to another promotion and […]
Fourteen banks were rated “outstanding” for their compliance with the anti-redlining Community Reinvestment Act (CRA), and 25 were deemed “satisfactory,” the Office of the Comptroller of the Currency (OCC) said in announcing CRA ratings made […]
A pledge to develop partnerships with minority depository institutions is being promoted to all large and midsize banks by the agency that charters and supervises national banks and federal savings associations. The Office of the […]
Title: Community Reinvestment Act Regulations Subject: CRA Agency: OCC Status: Proposed rule Summary: The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to request comment on the OCC’s […]
The federal agency that charters and supervises national banks and federal savings associations on Wednesday named three individuals who will, by year-end, transition to deputy comptroller posts for the Western District, for midsize bank supervision, […]
Title: Temporary Asset Thresholds Subject: Regulatory asset thresholds Agency: FDIC, Federal Reserve, OCC Status: Interim final rule; COVID response Summary: To mitigate temporary transition costs on banking organizations related to the coronavirus disease 2019 (COVID […]
A 3% reduction in calendar 2021 assessment rates in all fee schedules applied to national banks, federal savings associations, and federal branches and agencies of foreign banks was announced Tuesday by the Office of the Comptroller […]
Community banks could use asset data from the end of last year to determine applicability of various regulatory assets thresholds for the remainder of this year and all of next under an interim final rule […]
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