Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
National banks and thrifts are getting a break on the fees they pay to cover the operations of their federal regulator due to the impact of the coronavirus crisis, the agency said Monday. In an […]
A bulletin that reminds banks that federal laws and rules governing their activities, including any relief they provide customers affected by the coronavirus (COVID-19) pandemic, generally preempt state laws was issued Wednesday by the Office […]
The use of state loan-to-deposit (LTD) ratios to ensure against banks using interstate branches primarily for deposit production is explained in a bulletin issued Wednesday by the Office of the Comptroller of the Currency (OCC). […]
Mortgage data collected from seven national banks with large mortgage-servicing portfolios shows that 96.5% of first-lien residential mortgage loans serviced there remained current in the first quarter, up slightly from a year earlier (96.2%). These […]
The first batch of quarterly bank data since the declaration of the global health pandemic (the novel coronavirus, or COVID-19) is slated for release next week, which also brings – among other things – Federal Reserve […]
A final rule that clarifies accounting requirements and makes it easier for federal savings associations (FSAs) to convert from mutual to stock form was approved Tuesday by the Office of the Comptroller of the Currency […]
A public meeting, held by webinar, of the Mutual Savings Association Advisory Committee (MSAAC) for the Office of the Comptroller of the Currency (OCC) is slated for 1 p.m. ET June 29, according to a […]
Updates on rules for bank activities and operations – including addressing permissible derivatives activities for national banks – and a comment request on banks’ digital activities were issued Thursday by the banks’ federal regulator. In […]
State loan-to-deposit ratios for 2020 are now public, replacing last year’s ratios, to help to determine whether a bank may establish or buy a branch (or branches) without triggering prohibitions on doing so primarily for […]
The “stability and orderly functioning of the financial system” is potentially threatened by local orders of mayors and governors, the acting top federal regulator of national banks said Monday. In letters to groups representing state […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info