A 30-year veteran of the federal regulator of national banks and savings associations will be the agency’s central district supervisor, the agency said Monday. Brian James, who the Office of the Comptroller of the Currency […]
A proposal to reform anti-redlining rules will be under congressional scrutiny – twice – later this month, according to a schedule released Sunday by the chairwoman of a House committee. In December, the Office of […]
Federally chartered credit unions (FCUs) have until April 15 to pay their 2020 operating fees to their federal regulator, which are generally higher than the 2019 fees, the regulator said Monday. The National Credit Union […]
A “needs to improve” rating was given to one bank out of 40 whose anti-redlining exam results were released by the federal insurer of banks Friday; the remaining 39 banks received “satisfactory” ratings. The Federal […]
In case you were wondering, the 2019 global indicator amounts used by global systemically important bank holding companies (GSIBs) under a risk-based capital surcharge rule were revised in December by the Federal Reserve Board. The […]
A series of five workshops throughout six regions is planned this year for board directors and bank management of national community banks and federal savings associations, the Office of the Comptroller of the Currency (OCC) […]
Federal banking, housing finance, and securities regulators have begun a review of credit risk retention rules affecting federally insured banks and thrifts that securitize residential mortgage loans. The agencies said they would accept public comments […]
Eight banks earned “outstanding” ratings for their compliance with anti-redlining rules, the regulator of national banks said Thursday, noting the remaining 16 banks for which the evaluations were released received “satisfactory” evaluations. No banks earned either […]
The maximum civil money penalties (CMPs) the Office of the Comptroller of the Currency (OCC) may assess against banks for violations under the agency’s jurisdiction have been adjusted upward for the year ahead by 1.764%, […]
A civil money penalty (CMP) of $1.35 million assessed against a Seattle bank was among the enforcement actions and orders taken in November by the federal insurer of bank deposits, the agency said Dec. 27. […]
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