OCC Releases CRA Evaluations for 19 National Banks and Federal Savings Associations The Office of the Comptroller of the Currency (OCC) released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of February 1, 2020 through February 29, 2020. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.
OCC Requests Comments on Proposals to Eliminate Unnecessary Licensing Requirements The Office of the Comptroller of the Currency (OCC) today released a proposal for public comment to update and clarify licensing policies and procedures and eliminate unnecessary requirements consistent with safe, sound, and fair operation of the federal banking system.
OCC Hosts Risk Governance and Credit Workshops in West Virginia The Office of the Comptroller of the Currency (OCC) will host two workshops at the Holiday Inn & Suites in Charleston, West Virginia, April 14 and 15, 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.
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 ...
InformationWeek's IT Chief Of The Year: Bank Of America's Cathy Bessant Bessant leads BofA's 100,000-person technology and operations group as the bank scraps back from financial and regulatory disaster. Her formula: steady, reliable performance over glitz.
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...
OCC Issues Second and Third Quarter 2020 CRA Evaluation Schedule The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second quarter and third quarter 2020.
Agencies Invite Comment on Updates to Resolution Plan Guidance for Large Foreign Banks Joint Press Release March 6, 2020 Board of Governors of the Federal Reserve SystemFederal Deposit Insurance Corporation Agencies Invite Comment on Updates to Resolution Plan Guidance for Large Foreign Banks FOR RELEASE AT 3:45PM EST WASHINGTON The Federal Deposit Insurance Corporation and the Federal Reserve Board on Friday invited public comment on proposed changes to the guidance for resolution...
2020 National Interagency Community Reinvestment Conference March 9-12 in Denver Has Been Postponed Joint Press Release March 5, 2020 Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency 2020 National Interagency Community Reinvestment ConferenceMarch 9-12 in Denver Has Been Postponed FOR IMMEDIATE RELEASE WASHINGTON After careful consideration of the growing public health concerns associated with the coronavirus (COVID-1...
FDIC Offers Voluntary Retirement and Early Separation Program Press Release March 5, 2020 FDIC Offers Voluntary Retirement and Early Separation Program Incentive is designed to reshape agency to meet future skills needs and enhance preparedness FOR IMMEDIATE RELEASE Media Contact:Brian Sullivan(202) 898-6534brsullivan@fdic.gov WASHINGTON WASHINGTON The Federal Deposit Insurance Corporation (FDIC) today announced it will offer voluntary retirement and early ...
FDIC and OCC Extend Comment Period for Proposed Changes to Community Reinvestment Act Regulations FDIC and OCC Announce 30-day Extension of Comment Period for Proposed Changes to Community Reinvestment Act Regulations WASHINGTON The Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) today extended the public comment period for proposed changes to the regulations implementing the Community Reinvestment Act (CRA) until April 8, 2020. On December 12,...
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...
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.
FDIC and OCC Announce 30-day Extension of Comment Period for Proposed Changes to Community Reinvestment Act Rules The Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) today extended the public comment period for proposed changes to the rules implementing the Community Reinvestment Act (CRA) until April 8, 2020.
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....
FDIC Issues CRA Examination Schedules for Second and Third Quarter 2020 Press Release February 28, 2020 FDIC Issues CRA Examination Schedules for Second and Third Quarter 2020 FOR IMMEDIATE RELEASE Media Contact:David BarrOffice: (202) 898-6992Cell: (703) 622-4790DBarr@fdic.gov The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the second and third quarter 2020. C...
Revised: FDIC-Insured Institutions Reported Net Income of $55.2 Billion in Fourth Quarter 2019 Press Release February 26, 2020 Revised Paragraph for Total Loans and Lease Balances information. FDIC-Insured Institutions Reported Net Income of $55.2 Billion in Fourth Quarter 2019 FOR IMMEDIATE RELEASE Media contact:Julianne Fisher Breitbeil(202) 898-6895jbreitbeil@fdic.gov FullYear 2019 Net Income Declined 1.5 Percent to $233.1 Billion Quarterly Net Income Declined 6.9 Percent from Fourth Qu...
OCC Releases CRA Evaluations for 28 National Banks and Federal Savings Associations The Office of the Comptroller of the Currency (OCC) released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of January 1, 2020 through January 31, 2020. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.
OCC Releases CRA Evaluations for 28 National Banks and Federal Savings Associations The Office of the Comptroller of the Currency (OCC) released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of January 1, 2020 through January 31, 2020. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.