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FinCEN Issues Advisory on the Iranian Regime’s Illicit and Malign Activities and Attempts to Exploit
October 13, 2018 / Source: FinCEN
FinCEN Issues Advisory on the Iranian Regime’s Illicit and Malign Activities and Attempts to Exploit the Financial System Contact Steve Hudak 703-905-3770 Immediate Release October 11, 2018 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) issued an advisory today to help financial institutions better detect and report potentially illicit transactions related to the Islamic Republic of Iran. The…
Federal Reserve Board announces approval of applications by Security Trust & Savings Bank
October 13, 2018 / Source: FRB
Press Release October 12, 2018 Federal Reserve Board announces approval of applications by Security Trust & Savings Bank For release at 2:30 p.m. EDT The Federal Reserve Board on Friday announced its approval of the applications, under section 18(c) of the Federal Deposit Insurance Act and section 9 of the Federal Reserve Act, by Security…
Joint Release/Federal and State Financial Regulatory Agencies Issue Interagency Statement …
October 11, 2018 / Source: FDIC
Press Releases Joint Release Board of Governors of the Federal Reserve System Conference of State Bank Supervisors Federal Deposit Insurance Corporation National Credit Union Administration Office of the Comptroller of the Currency For Immediate Release October 10, 2018 Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by…
Margin and Capital Requirements for Covered Swap Entities: Final Rule
October 11, 2018 / Source: OCC
OCC BULLETIN 2018-37 Subject: Margin and Capital Requirements for Covered Swap Entities Date: October 10, 2018 To: Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies of Foreign Banking Organizations; Department and Division Heads; All Examining Personnel; and Other Interested Parties Description: Final Rule Summary The Office of the Comptroller…
October Compliance Huddle is Now Available!
October 11, 2018 / Source:
October Compliance Huddle is now available to view. A monthly, peer-to-peer forum that is driven by the topics and issues that attendees wish to talk about and explore. October Compliance Huddle is Now Available!
Board of Directors: Year End Approvals & Renewals Webinar is Now Available!
October 11, 2018 / Source:
Board of Directors: Year End Approvals & Renewals Webinar is now available! Find it by going to —> News & Events —> Past Events —> Past Webinars View Webinar Here
FDIC to Hold 8th Annual Consumer Research Symposium in Arlington, Virginia
October 10, 2018 / Source: FDIC
Press Releases FDIC to Hold 8th Annual Consumer Research Symposium in Arlington, Virginia FOR IMMEDIATE RELEASE October 5, 2018 Media contact: Julianne Fisher Breitbeil (202) 898-6895 [email protected] The Federal Deposit Insurance Corporation (FDIC) will sponsor its 8th Annual Consumer Research Symposium on October 12, 2018. The conference will feature brief remarks by FDIC Chairman Jelena McWilliams, presentations…
OCC Allows National Banks and Federal Savings Associations Affected by Hurricane Michael in the…
October 10, 2018 / Source: OCC
NR 2018-109 FOR IMMEDIATE RELEASE October 9, 2018 Contact: William Grassano (202) 649-6870 OCC Allows National Banks and Federal Savings Associations Affected by Hurricane Michael in the Gulf Coast Region to Close WASHINGTON — The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks, federal savings associations, and federal…
FDIC Issues List of Banks Examined for CRA Compliance
October 5, 2018 / Source: FDIC
Press Releases FDIC Issues List of Banks Examined for CRA Compliance FOR IMMEDIATE RELEASE October 5, 2018 Media contact: Greg Hernandez (202) 898-6984 [email protected] 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 that the…
OCC to Host Innovation Office Hours in Dallas
October 5, 2018 / Source: OCC
NR 2018-108 FOR IMMEDIATE RELEASE October 4, 2018 Contact: William Grassano (202) 649-6870 OCC to Host Innovation Office Hours in Dallas WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced it will hold Innovation Office Hours, November 14-15, 2018, in Dallas, Texas, to promote responsible innovation in the federal banking system….
Treyton Thomas Pleads Guilty to Multi-Million Dollar Investment Fraud Scheme and Income Tax Evasion
October 4, 2018 / Source: FDICIG
PRESS RELEASE FOR IMMEDIATE RELEASE Tuesday, October 2, 2018 Treyton Thomas Pleads Guilty to Multi-Million Dollar Investment Fraud Scheme and Income Tax Evasion RALEIGH – Robert J. Higdon, Jr., United States Attorney for the Eastern District of North Carolina, announces that today, in federal court, TREYTON LEE THOMAS, age 62, pled guilty to wire fraud, affecting a…
Comment on potential actions to facilitate real-time interbank settlement of faster payments
October 4, 2018 / Source: FRB
Press Release October 03, 2018 Federal Reserve Board seeks public comment on potential actions to facilitate real-time interbank settlement of faster payments For release at 2:00 p.m. EDT The Federal Reserve Board on Wednesday invited public comment on actions the Federal Reserve could take to support faster payments in the United States. The potential actions,…
Federal agencies issue a joint statement on banks and credit unions sharing resources to improve…
October 4, 2018 / Source: FRB
Joint Press Release October 03, 2018 Federal agencies issue a joint statement on banks and credit unions sharing resources to improve efficiency and effectiveness of Bank Secrecy Act compliance Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Financial Crimes Enforcement Network National Credit Union Administration Office of the Comptroller of the…
FDIC Announces Meeting of Advisory Committee on Community Banking
October 4, 2018 / Source: FDIC
Press Releases FDIC Announces Meeting of Advisory Committee on Community Banking FOR IMMEDIATE RELEASE October 4, 2018 Media contact: Julianne Fisher Breitbeil (202) 898-6895 [email protected] The Federal Deposit Insurance Corporation (FDIC) today announced that it will hold a meeting of the Advisory Committee on Community Banking on Wednesday, October 10. The Committee will discuss local…
Back2Basics: Appraisals Webinar is Now Available!
October 3, 2018 / Source:
Back2Basics – Appraisals Webinar is Now Available! It can be found under “News & Events” “Past Events” “Past Webinars.” View Webinar Here
Flood Insurance Webinar is Now Available!
October 3, 2018 / Source:
Flood Revisions Webinar is now available! Find it by going to —> News & Events —> Past Events —> Past Webinars View Webinar Here
Comptroller of the Currency Discusses Implementation of the Economic Growth Act
October 2, 2018 / Source: OCC
NR 2018-105 FOR IMMEDIATE RELEASE October 2, 2018 Contact: Bryan Hubbard (202) 649-6870 Comptroller of the Currency Discusses Implementation of the Economic Growth Act WASHINGTON—Comptroller of the Currency Joseph M. Otting today discussed the implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 during testimony before the Senate Committee on Banking,…
FDIC Releases Report on Small Business Lending Survey
October 2, 2018 / Source: FDIC
Press Releases FDIC Releases Report on Small Business Lending Survey FOR IMMEDIATE RELEASE October 1, 2018 Media contact: Julianne Fisher Breitbeil (202) 898-6895 [email protected] The Federal Deposit Insurance Corporation (FDIC) today published a report on the findings of its Small Business Lending Survey, which collected data on how banks conduct their lending to small businesses….
FDIC Requests Information on Improving Communication with Banks and Other Stakeholders
October 2, 2018 / Source: FDIC
Press Releases FDIC Requests Information on Improving Communication With Banks and Other Stakeholders FOR IMMEDIATE RELEASE October 1, 2018 Media contact: Julianne Fisher Breitbeil (202) 898-6895 [email protected] The Federal Deposit Insurance Corporation (FDIC) today announced that it is seeking comments on how the agency can maximize efficiency and minimize burden when communicating information to insured…
Federal Reserve Board announces termination of enforcement action
September 28, 2018 / Source: FRB
Press Release September 27, 2018 Federal Reserve Board announces termination of enforcement action with Presidential Holdings, Inc. For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Presidential Holdings, Inc., Bethesda, Maryland Supervisory Agreement, issued by the Office of Thrift Supervision, dated May 3,…
FDIC Makes Public August Enforcement Actions
September 28, 2018 / Source: FDIC
Press Releases FDIC Makes Public August Enforcement Actions; No Administrative Hearings Scheduled for October 2018 FOR IMMEDIATE RELEASE September 28, 2018 Media contact: Greg Hernandez (202) 898-6984 [email protected] The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in August. There are no administrative…
Bureau of Consumer Financial Protection Issues Report and RFI on the Bureau’s Sources and Uses of Da
September 26, 2018 / Source: CFPB
Bureau of Consumer Financial Protection Issues Report and RFI on the Bureau’s Sources and Uses of Data SEP 25, 2018 WASHINGTON, D.C. — The Bureau of Consumer Financial Protection (Bureau) today issued a report and Request for Information (RFI) regarding the Bureau’s sources of data and how data is used. The report provides transparency into how…
Federal Open Market Committee release economic projections from the September 25-26 FOMC meeting
September 26, 2018 / Source: FRB
Press Release September 26, 2018 Federal Reserve Board and Federal Open Market Committee release economic projections from the September 25-26 FOMC meeting For release at 2:00 p.m. EDT The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for…
Liquidity Coverage Ratio Rule: Interim Final Rule
September 26, 2018 / Source: OCC
OCC BULLETIN 2018-32 Subject: Liquidity Coverage Ratio Rule: Treatment of Certain Municipal Obligations as High-Quality Liquid Assets Date: September 26, 2018 To: Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies of Foreign Banks; Department and Division Heads; All Examining Personnel; and Other Interested Parties Description: Interim Final Rule Summary…
Truth in Lending Act: Revised Comptroller’s Handbook Booklet and Rescissions
September 26, 2018 / Source: OCC
OCC BULLETIN 2018-31 Subject: Truth in Lending Act Date: September 26, 2018 To: Chief Executive Officers and Compliance Officers of National Banks, Federal Savings Associations, Federal Branches and Agencies, Department and Division Heads, All Examining Personnel, and Other Interested Parties Description: Revised Comptroller's Handbook Booklet and Rescissions Summary The Office of the Comptroller of the Currency…