Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Banks’ evaluation ratings under the federal anti-redlining statute included six “outstanding” and 16 “satisfactory” ratings, the national bank regulator said of the ratings that became public in September. The Office of the Comptroller of the […]
The group that advises the national bank regulator on mutual savings association issues is slated to meet publicly Oct. 22, the agency said Monday. The Office of the Comptroller of the Currency (OCC) said the […]
Nasty weather in the northeast, the Midwest and the southeast – particularly the effects of an approaching hurricane – have prompted federal banking regulators to offer regulatory relief to institutions in those areas, the agencies […]
A 1.4% increase in bank trading revenue from the previous quarter – and 16% rise from a year earlier – was reported Tuesday for second quarter 2024 by the national bank regulator. The Office of […]
An alleged scheme to steal bank funds by falsely reporting receipt of counterfeit bills to conceal the theft has earned a former bank employee a prohibition from further work in the banking industry, the national […]
The percentage of performing mortgages declined slightly in the second quarter from the previous quarter, but remained at levels recorded a year ago, the regulator of national banks said Wednesday. The Office of the Comptroller […]
Enhancing the transparency around the process of reviewing bank mergers under federal law, and providing guidance to stakeholders around the review of applications, is the aim of a rule and policy statement addressing the mergers […]
Input on bank-fintech arrangements involving banking products and services is now due a month later than originally scheduled, the federal banking agencies said late Friday. In a series of releases, the agencies said responses to […]
Third-quarter and fourth-quarter schedules of examinations for banks’ compliance with the anti-redlining Community Reinvestment Act (CRA) were released recently by federal banking regulators. The 1977 statute requires the Office of the Comptroller of the Currency […]
A public meeting of the national bank regulator’s advisory committee on minority depository institutions (MDIs) is slated for Sept. 24 and will be hosted by the agency in person and virtually, the agency said Wednesday. […]
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