Gregory P. Bottone Named FDIC Chicago Regional Director Press Release March 26, 2021 Gregory P. Bottone Named FDIC Chicago Regional Director WASHINGTON -- The Federal Deposit Insurance Corporation (FDIC) has appointed Gregory P. Bottone Regional Director, Chicago Region, effective, Monday, March 29, 2021. In this position, he will direct both Risk Management and Consumer Protection supervision programs for financial institutions in Indiana, Illinois, ...
FDIC Makes Public February Enforcement Actions Press Release March 26, 2021 FDIC Makes Public February Enforcement Actions No Administrative Hearings Scheduled for April 2021 WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in February. There are no administrative hearings scheduled for April 2021. The FDIC issued nine safety...
OCC Reports Decline in Mortgage Performance for Fourth Quarter 2020 The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system declined during the fourth quarter of 2020.
OCC Hosts Minority Depository Institutions Advisory Committee Meeting April 13 Via Webinar The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Tuesday, April 13, 2021, via webinar. The meeting is open to the public and will begin at 1:00 p.m. Eastern Daylight Time (EDT).
OCC Reports Fourth Quarter 2020 Bank Trading Revenue The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and savings associations of $6.3 billion in the fourth quarter of 2020.
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COVID-19 One Year Later FDIC Consumer News March 23, 2021 COVID-19 One Year Later Thriving in a Socially Distanced Banking Environment In April 2020, the FDIC published a special edition of Consumer News, COVID-19 and Your Financial Health, with information to help keep consumers and their money safe by banking remotely. One year later, both banks and consumers have adapted. More financial institutions are offering cons...
Temporary Supplementary Leverage Ratio Changes to Expire as Scheduled Joint Agency Release March 19, 2021 Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency Temporary Supplementary Leverage Ratio Changes toExpire as Scheduled The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 1...
Temporary Supplementary Leverage Ratio Changes to Expire as Scheduled The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on March 31, 2021.
OCC Enforcement Actions and Terminations The Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations.
OCC Appoints Five New Members to Mutual Savings Association Advisory Committee The Office of the Comptroller of the Currency (OCC) today appointed five new members to its Mutual Savings Association Advisory Committee (MSAAC).
OCC Appoints Seven New Members to Minority Depository Institutions Advisory Committee The Office of the Comptroller of the Currency (OCC) today named seven new members to its Minority Depository Institutions Advisory Committee (MDIAC).
US regulators end leverage ratio exemption Fed, OCC and FDIC stick to March 31 end date despite reports of industry lobbying
OCC Hosts Risk Governance and Compliance Workshops in Washington, D.C. The Office of the Comptroller of the Currency (OCC) will host two workshops at OCC Headquarters in Washington, D.C., March 17 and 18, for directors of national community banks and federal savings associations supervised by the OCC.
OCC Hosts Risk Governance and Compliance Workshops in Washington, D.C. The Office of the Comptroller of the Currency (OCC) will host two workshops at OCC Headquarters in Washington, D.C., March 17 and 18, for directors of national community banks and federal savings associations supervised by the OCC.
OCC Hosts Miami Workshop for Board Directors and Bank Management The Office of the Comptroller of the Currency (OCC) will host a workshop in Miami at the Even Hotel – Miami Airport, March 31 – April 1, for directors, senior management team members, and other key executives of national community banks and federal savings associations supervised by the OCC.
Federal Banking Agencies Host the 2020 National Interagency Community Reinvestment Conference Federal Banking Agencies Host the 2020 National Interagency Community Reinvestment Conference Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency The 2020 National Interagency Community Reinvestment Conference takes place in Denver from March 9 to 12. The conference is hosted by the three federal banking agencies, the Boar...
FDIC Issues List of Banks Examined for CRA Compliance PRESS RELEASE March 4, 2020 FDIC Issues List of Banks Examined for CRA Compliance FOR IMMEDIATE RELEASE Media Contact:LaJuan Williams-Young(202) 898-3876Lwilliams-young@fdic.gov WASHINGTON The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings th...
FDIC Makes Public January Enforcement Actions Press Release February 28, 2020 FDIC Makes Public January Enforcement Actions No Administrative Hearings Scheduled for March 2020 FOR IMMEDIATE RELEASE Media contact:David BarrOffice: (202) 898-6992Cell: (703) 622-4790dbarr@fdic.gov The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in January....
Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus Joint Press Release March 9, 2020 Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus FOR IMMEDIATE RELEASE Federal financial institution regulators and state regulators today encouraged financial institutions to meet the financial needs of customers and members affected by the coronavirus. The agencies recognize the potential impact ...