Upcoming Events
Effective Date: Interim Final Rule and Request for Comment to Revise Community Bank Leverage Ratio Framework
April 23, 2020
This interim final rule makes temporary changes to the community bank leverage ratio framework, pursuant to section 4012 of the Coronavirus Aid, Relief, and Economic Security Act (statutory interim final rule). As of the second quarter 2020, a banking organization with a leverage ratio of 8 percent or greater (and that meets other qualifying criteria)…
Comment Period: Interim Final Rule and Request for Comment to Revise Community Bank Leverage Ratio Framework
June 08, 2020
This interim final rule makes temporary changes to the community bank leverage ratio framework, pursuant to section 4012 of the Coronavirus Aid, Relief, and Economic Security Act (statutory interim final rule). As of the second quarter 2020, a banking organization with a leverage ratio of 8 percent or greater (and that meets other qualifying criteria)…
Effective Date: Agencies Issue Interim Final Rule and Request for Comment to Regarding a Graduated Transition to Community Bank Leverage Ratio Framework
April 23, 2020
This interim final rule provides a graduated transition to a community bank leverage ratio requirement of 9 percent from the temporary 8-percent community bank leverage ratio requirement (transition interim final rule). When the requirements in the transition interim final rule become applicable, the community bank leverage ratio will be 8 percent beginning in the second…
Comment Period: Agencies Issue Interim Final Rule and Request for Comment to Regarding a Graduated Transition to Community Bank Leverage Ratio Framework
June 08, 2020
This interim final rule provides a graduated transition to a community bank leverage ratio requirement of 9 percent from the temporary 8-percent community bank leverage ratio requirement (transition interim final rule). When the requirements in the transition interim final rule become applicable, the community bank leverage ratio will be 8 percent beginning in the second…
FRB Interim Final Rule Regarding Reg O and PPP Loans
April 22, 2020
In light of recent disruptions in economic conditions caused by the Coronavirus Disease 2019 and current strains in U.S. financial markets, the Board is issuing an interim final rule that excepts certain loans that are guaranteed under the Small Business Administration's Paycheck Protection Program from the requirements of section 22(h) of the Federal Reserve Act…
Effective Date: Interim Final Rule and Request for Comment to Suspend Certain Appraisal and Evaluation Requirements
April 17, 2020
The OCC, Board, and FDIC (collectively, the agencies) are adopting an interim final rule to amend the agencies' regulations requiring appraisals of real estate for certain transactions. The interim final rule defers the requirement to obtain an appraisal or evaluation for up to 120 days following the closing of a transaction for certain residential and…
Comment Period: Interim Final Rule and Request for Comment to Suspend Certain Appraisal and Evaluation Requirements
June 01, 2020
The OCC, Board, and FDIC (collectively, the agencies) are adopting an interim final rule to amend the agencies' regulations requiring appraisals of real estate for certain transactions. The interim final rule defers the requirement to obtain an appraisal or evaluation for up to 120 days following the closing of a transaction for certain residential and…
Comment Period: Main Street Lending Program
April 16, 2020
To send a question or comment about the Federal Reserve's Main Street Lending Program, please fill out the feedback form on its website – to access the form and read more about the Program, click here.
Effective Date: PPP Interim Final Rule #2
April 15, 2020
Elsewhere in this issue of the Federal Register, the U.S. Small Business Administration (SBA) is publishing an interim final rule (the Initial Rule) announcing the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). Section 1102 of the Act temporarily adds a new program, titled…
Comment Period: PPP Interim Final Rule #2
June 30, 2020
Elsewhere in this issue of the Federal Register, the U.S. Small Business Administration (SBA) is publishing an interim final rule (the Initial Rule) announcing the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). Section 1102 of the Act temporarily adds a new program, titled…
Effective Date: PPP Interim Final Rule #1
April 15, 2020
This interim final rule announces the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). Section 1102 of the Act temporarily adds a new product, titled the “Paycheck Protection Program,” to the U.S. Small Business Administration's (SBA's) 7(a) Loan Program. Section 1106 of the…
Comment Period: PPP Interim Final Rule #1
June 30, 2020
This interim final rule announces the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). Section 1102 of the Act temporarily adds a new product, titled the “Paycheck Protection Program,” to the U.S. Small Business Administration's (SBA's) 7(a) Loan Program. Section 1106 of the…
Effective Date: Federal Reserve Issues Interim Final Rule to Allow Revise Total Leverage Coverage
April 14, 2020
In light of recent disruptions in economic conditions caused by the coronavirus disease 2019 (COVID-19) and current strains in U.S. financial markets, the Board is issuing an interim final rule that revises, on a temporary basis for bank holding companies, savings and loan holding companies, and U.S. intermediate holding companies of foreign banking organizations, the…
Comment Period: Federal Reserve Issues Interim Final Rule to Allow Revise Total Leverage Coverage
May 29, 2020
In light of recent disruptions in economic conditions caused by the coronavirus disease 2019 (COVID-19) and current strains in U.S. financial markets, the Board is issuing an interim final rule that revises, on a temporary basis for bank holding companies, savings and loan holding companies, and U.S. intermediate holding companies of foreign banking organizations, the…
PPP Compliance Huddle (4/29/2020)
April 29, 2020
To help bankers with the COVID-19 crisis, C/A has opened its huddles to members and non-members part of an FDIC-insured bank. This is an interactive event facilitated by our compliance professionals. Ways to Participate: Upon registration, you can submit a topic for disussion! During the huddle, feel free to use the 'raise hand' feature to…
PPP Compliance Huddle (5/6/2020)
May 06, 2020
To help bankers with the COVID-19 crisis, C/A has opened its huddles to members and non-members part of an FDIC-insured bank. This is an interactive event facilitated by our compliance professionals. Ways to Participate: Upon registration, you can submit a topic for discussion! During the huddle, feel free to use the 'raise hand' feature to…
Board of Directors Webinar: BSA/AML
April 30, 2020
Description: Join us for our 2020 Board of Directors webinar on the Bank Secrecy Act and anti-money Laundering (BSA/AML) laws. BSA/AML remains one of the highest (and most-penalized) risks for financial institutions, requiring effective and efficient Board management and oversight. This webinar will serve as comprehensive training for the Board of Directors, providing an overview of Bank Secrecy Act…
Board of Directors Webinar: Succession Planning
July 15, 2020
Description: It is known that succession planning is vital to a bank’s continued success and independence. It is crucial that financial institutions have the foresight to develop the bank’s succession plan, especially with increased regulator expectations. Succession plans assess what skills and competencies future executives will need as banking evolves. It cultivates and identifies those individuals…
Board of Directors Webinar: Enterprise Risk Management
October 14, 2020
Description: Many banks recognize the need for Enterprise Risk Management and are rapidly implementing a risk management program. This presentation will focus on an in-depth discussion of the ERM methodology and its applicability to your bank. The specific topics covered will include key terms and definitions, risk identification and assessment, quantitative and qualitative analytics, reporting meaningful…
PPP Compliance Huddle (4/15/2020)
April 15, 2020
To help bankers with the COVID-19 crisis, C/A has opened its huddles to members and non-members part of an FDIC-insured bank. This is an interactive event facilitated by our compliance professionals. Ways to Participate: Upon registration, you can submit a topic for disussion! During the huddle, feel free to use the 'raise hand' feature to…
PPP Compliance Huddle (4/22/2020)
April 22, 2020
To help bankers with the COVID-19 crisis, C/A has opened its huddles to members and non-members part of an FDIC-insured bank. This is an interactive event facilitated by our compliance professionals. Ways to Participate: Upon registration, you can submit a topic for disussion! During the huddle, feel free to use the 'raise hand' feature to…
Comment Period: FDIC Extends Comment Period on Modernizing Brokered Deposit Restrictions
June 09, 2020
In light of the challenges associated with COVID-19, the Federal Deposit Insurance Corporation (FDIC) today announced that it will extend the public comment period for its proposed rule to modernize its brokered deposit regulations by 60 days. Interested parties responding to FDIC's Notice of Proposed Rulemaking on Brokered Deposit Restrictions Applicable to Less Than Well Capitalized…
Effective Date: Interim Final Rule and Request for Comment to Revise CECL Implementation
March 31, 2020
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) are inviting comment on an interim final rule that delays the estimated impact on regulatory capital stemming from the implementation of Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses,…
Comment Period: Interim Final Rule and Request for Comment to Revise CECL Implementation
May 15, 2020
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) are inviting comment on an interim final rule that delays the estimated impact on regulatory capital stemming from the implementation of Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses,…