Banker Compliance News

Capturing the important news of the day in an easy to access way. We post news we feel is relevant to our members and community banks nationwide.

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March 03, 2020: Federal Reserve issues FOMC statement

March 3, 2020 / Source: FRB

Press Release    PDF March 03, 2020 Federal Reserve issues FOMC statement For release at 10:00 a.m. EST Share The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal…

Protecting Tenants at Foreclosure Act: Revised Comptroller’s Handbook Booklet and Rescissions

March 2, 2020 / Source: OCC

OCC Bulletin 2020-9| March 2, 2020 Protecting Tenants at Foreclosure Act: Revised Comptroller's Handbook Booklet and Rescissions   To Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division Heads; All Examining Personnel; and Other Interested Parties Summary The Office of the Comptroller of the Currency (OCC) issued today the…

Statement from Federal Reserve Chair Jerome H. Powell

March 2, 2020 / Source: FRB

Press Release February 28, 2020 Statement from Federal Reserve Chair Jerome H. Powell For release at 2:30 p.m. EST Share The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. The Federal Reserve is closely monitoring developments and their implications for the economic outlook. We will use our…