News Release 2020-117 | September 1, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemConference of State Bank SupervisorsFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit […]
Category Archives: Office of the Comptroller of the Currency
Agencies Extend Comment Period on Proposed Revisions to Interagency Questions and Answers Regarding Flood Insurance
News Release 2020-116 | September 1, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFarm Credit AdministrationFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency WASHINGTON—Five federal regulatory agencies today announced they will extend the comment period on a proposal to revise the Interagency Questions and Answers […]
OCC Hosts Mutual Savings Association Advisory Committee Meeting September 22 Via Webinar
News Release 2020-114 | September 1, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Mutual Savings Association Advisory Committee (MSAAC) on Tuesday, September 22, 2020, via webinar. The teleconference is open to the public and will begin at 8:30 a.m. Eastern […]
OCC Issues Fourth Quarter 2020 and First Quarter 2021 CRA Evaluation Schedule
News Release 2020-113 | September 1, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the fourth quarter 2020 and first quarter 2021. The OCC encourages public comment on the national banks and federal savings associations scheduled to […]
Acting Comptroller of the Currency Hosts Access to Capital Forum in Denver
News Release 2020-112 | August 28, 2020 Share This Page: DENVER—Acting Comptroller of the Currency Brian Brooks today hosted an “Access to Capital Forum” in Denver to promote investment and lending in underserved areas and to highlight activities supported by the Office of the Comptroller of the Currency’s (OCC) new Community Reinvestment Act (CRA) rule. “Today, […]
Agencies Issue Three Final Rules
News Release 2020-111 | August 26, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency The federal bank regulatory agencies today finalized three rules, which are either identical or substantially similar to interim final rules currently in effect that were issued earlier […]
OCC Allows National Banks and Federal Savings Associations Along U.S. Gulf Coast to Close
News Release 2020-110 | August 25, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices along the U.S. Gulf Coast at their discretion. In issuing the proclamation, the OCC expects that only […]
OCC Allows National Banks and Federal Savings Associations Affected by California and Colorado Wildfires to Close
News Release 2020-109 | August 24, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices affected by wildfires in California and Colorado at their discretion. In issuing the proclamation, the OCC expects […]
Agencies Issue Statement on Bank Secrecy Act Due Diligence Requirements for Customers Who May Be Considered Politically Exposed Persons
News Release 2020-108 | August 21, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationFinancial Crimes Enforcement NetworkNational Credit Union AdministrationOffice of the Comptroller of the Currency WASHINGTON—The Federal Reserve Board, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network, the National Credit Union Administration, and the […]
Bank Accounting Advisory Series Updated
News Release 2020-106 | August 17, 2020 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released an update to the Bank Accounting Advisory Series (BAAS). The BAAS covers a variety of topics and promotes consistent application of accounting standards among national banks and federal savings associations. This edition of […]