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OCC Notice Adjusting Civil Money Penalties for 2019
January 14, 2019 / Source: OCC
OCC BULLETIN 2019-2 Subject: Civil Money Penalties Date: January 11, 2019 To: Chief Executive Officers of All National Banks and Federal Savings Associations; Federal Branches and Agencies of Foreign Banks; Department and Division Heads; All Examining Personnel; and Other Interested Parties Description: Notice Adjusting Civil Money Penalties for 2019 Summary On December 27, 2018, the Office…
Federal Reserve Board announces approval of application by First Busey Corporation
January 14, 2019 / Source: FRB
Press Release January 11, 2019 Federal Reserve Board announces approval of application by First Busey Corporation For release at 2:30 p.m. EST Share The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by First Busey Corporation, Champaign, Illinois, to acquire The…
Federal Reserve Board announces termination of enforcement action with A.E. Bancorp, Inc.
January 10, 2019 / Source: FRB
Press Release January 10, 2019 Federal Reserve Board announces termination of enforcement action with A.E. Bancorp, Inc. For release at 11:00 a.m. EST Share The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: A.E. Bancorp, Inc., Buffalo Grove, Illinois Written Agreement dated July 1, 2010 (PDF) Terminated January 9,…
Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2018
January 10, 2019 / Source: FRB
Press Release January 10, 2019 Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2018 For release at 12:00 p.m. EST Share The Federal Reserve Board on Thursday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $65.4 billion of their estimated 2018 net…
January Compliance Huddle 2019 is Now Available!
January 10, 2019 / Source:
January 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. January Compliance Huddle is Now Available!
Minutes of the Federal Open Market Committee, December 18-19, 2018
January 9, 2019 / Source: FRB
January 09, 2019 Minutes of the Federal Open Market Committee, December 18-19, 2018 For release at 2:00 p.m. EST The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on December 18-19, 2018. A summary of economic projections made by Federal Reserve Board members…
Chau Do Named Deputy Comptroller for the Risk Analysis Division
January 9, 2019 / Source: OCC
NR 2019-3 FOR IMMEDIATE RELEASE January 9, 2019 Contact: Bryan Hubbard (202) 649-6870 Chau Do Named Deputy Comptroller for the Risk Analysis Division WASHINGTON—The Office of the Comptroller of the Currency (OCC) recently announced Chau Do as Deputy Comptroller for the Risk Analysis Division. In this role, Ms. Do will oversee the four Risk Analysis…
Back2Basics: LO Compensation Webinar is Now Available!
January 9, 2019 / Source:
Back2Basics: LO Compensation Webinar is Now Available! It can be found under “News & Events” “Past Events” “Past Webinars.” View Webinar Here
Federal Reserve Board invites public comment on proposal that would modify company-run stress testing requirements to conform with Economic Growth, Regulatory Relief, and Consumer Protection Act
January 8, 2019 / Source: FRB
Press Release January 08, 2019 Federal Reserve Board invites public comment on proposal that would modify company-run stress testing requirements to conform with Economic Growth, Regulatory Relief, and Consumer Protection Act For release at 4:00 p.m. EST The Federal Reserve Board on Tuesday invited public comment on a proposal that would modify company-run stress testing…
CFPB Announces Opening of HMDA Data Filing Period
January 8, 2019 / Source: Ballard Spahr L.L.P
CFPB Announces Opening of HMDA Data Filing Period By Richard J. Andreano, Jr. on January 4, 2019 POSTED IN CFPB GENERAL, HMDA, MORTGAGES As previously reported, late in 2018 the CFPB announced the availability of a beta version of a Home Mortgage Disclosure Act (HMDA) data platform for companies to test the filing of 2018 data. The CFPB has now announced that…
Community Reinvestment Act Regulations: Revision of Small and Intermediate Small Bank and Savings Association Asset Thresholds
January 7, 2019 / Source: OCC
OCC BULLETIN 2019-1 Subject: Community Reinvestment Act Regulations Date: January 7, 2019 To: Chief Executive Officers of National Banks and Savings Associations, All Department and Division Heads, All Examining Personnel, and Other Interested Parties Description: Revision of Small and Intermediate Small Bank and Savings Association Asset Thresholds Summary On December 27, 2018, the Office of the…
Housing Confidence Down as More Americans Believe It’s a Bad Time to Buy a Home
January 7, 2019 / Source: Fannie Mae
January 07, 2019 Housing Confidence Down as More Americans Believe It's a Bad Time to Buy a Home Matthew Classick 202-752-3662 WASHINGTON, DC – The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased in December, falling 2.7 points to 83.5, resuming its recent downward trend after November's slight uptick. The decrease can be attributed primarily to a 12-percentage…
December Compliance Huddle 2018 is Now Available!
January 7, 2019 / Source:
December 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. December Compliance Huddle is Now Available!
Consumer Financial Protection Bureau Settles with USAA Federal Savings Bank
January 3, 2019 / Source: CFPB
Consumer Financial Protection Bureau Settles with USAA Federal Savings Bank Bank Failed to Stop Payments or Resolve Errors, Must Pay $12 Million in Restitution, $3.5 Million Fine JAN 03, 2019 Washington, D.C. — The Consumer Financial Protection Bureau (Bureau) today announced a settlement with USAA Federal Savings Bank, a federally chartered savings association headquartered in San…
PRs FDIC Issues List of Banks Examined for CRA Compliance
January 3, 2019 / Source: FDIC
Press Releases FDIC Issues List of Banks Examined for CRA Compliance FOR IMMEDIATE RELEASE January 3, 2019 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 Releases CRA Evaluations for 31 National Banks and Federal Savings Associations
January 3, 2019 / Source: OCC
NR 2019-2 FOR IMMEDIATE RELEASE January 3, 2019 Contact: (202) 649-6870 OCC Releases CRA Evaluations for 31 National Banks and Federal Savings Associations WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of December 1, 2018…
OCC Releases 2019 Schedule of Workshops for Directors and Senior Management of National Community Banks and Federal Savings Associations
January 2, 2019 / Source: OCC
NR 2019-1 FOR IMMEDIATE RELEASE January 2, 2019 Contact: Stephanie Collins (202) 649-6870 OCC Releases 2019 Schedule of Workshops for Directors and Senior Management of National Community Banks and Federal Savings Associations WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced its 2019 schedule of workshops for board directors and bank…
Agencies Issue Statement on Financial Institutions Issuing Loans When National Flood Insurance Program is Unavailable
January 2, 2019 / Source: OCC
Joint Release Board of Governors of the Federal Reserve System Farm Credit Administration Federal Deposit Insurance Corporation Office of the Comptroller of the Currency NR 2018-146 FOR IMMEDIATE RELEASE December 28, 2018 Agencies Issue Statement on Financial Institutions Issuing Loans When National Flood Insurance Program is Unavailable The federal bank regulatory agencies remind banks, savings…
FIL: Bank Secrecy Act: Bank Secrecy Act Technical Assistance Video Updated
January 2, 2019 / Source: FDIC
Financial Institution Letters FIL-90-2018 December 28, 2018 Bank Secrecy Act Bank Secrecy Act Technical Assistance Video Updated Printable Format: FIL-90-2018 – PDF (PDF Help) Summary: As part of the FDIC's Community Banking Initiative, the FDIC is announcing the release of an updated technical assistance video on the Bank Secrecy Act (BSA), anti-money laundering (AML) requirements, and…