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Federal Reserve Board announces that results from its bank stress tests will be released on Thursday, June 24, at 4:30 p.m. EDT
June 8, 2021 / Source: FRB
Press Release June 07, 2021 Federal Reserve Board announces that results from its bank stress tests will be released on Thursday, June 24, at 4:30 p.m. EDT The Federal Reserve Board announced on Monday that results from its bank stress tests will be released on Thursday, June 24, at 4:30 p.m. EDT. Stress tests help…
Federal Open Market Committee announces its tentative meeting schedule for 2022
June 4, 2021 / Source: FRB
Press Release June 04, 2021 Federal Open Market Committee announces its tentative meeting schedule for 2022 The Federal Open Market Committee on Friday announced its tentative meeting schedule for 2022: January 25-26 (Tuesday-Wednesday) March 15-16 (Tuesday-Wednesday) May 3-4 (Tuesday-Wednesday) June 14-15 (Tuesday-Wednesday) July 26-27 (Tuesday-Wednesday) September 20-21 (Tuesday-Wednesday) November 1-2 (Tuesday-Wednesday) December 13-14 (Tuesday-Wednesday) January…
OCC Releases CRA Evaluations for 18 National Banks and Federal Savings Associations
June 4, 2021 / Source: OCC
News Release 2021-63 | June 4, 2021 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 May 1, 2021 through May 31, 2021. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that…
FDIC Issues List of Banks Examined for CRA Compliance Thursday, June 3, 2021
June 3, 2021 / Source: FDIC
FDIC Issues List of Banks Examined for CRA Compliance Thursday, June 3, 2021 For Release WASHINGTON – 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 FDIC assigned to institutions in March 2021….
Federal Reserve Board announces plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility
June 3, 2021 / Source: FRB
Press Release June 02, 2021 Federal Reserve Board announces plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility The Federal Reserve Board on Wednesday announced plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility (SMCCF), a temporary emergency lending facility that closed on December…
Federal Reserve Board issues final rule amending Regulation D with regard to interest on reserve balances
June 2, 2021 / Source: FRB
Press Release June 02, 2021 Federal Reserve Board issues final rule amending Regulation D with regard to interest on reserve balances For release at 10:00 a.m. EDT The Federal Reserve Board announced on Tuesday the approval of a final rule amending Regulation D to eliminate references to an interest on required reserves (IORR) rate and…
Summary of Deposits Survey and Filing for June 30, 2021
June 2, 2021 / Source: FDIC
Summary: The Summary of Deposits (SOD) is the annual survey of branch office deposits as of June 30 for all FDIC-insured institutions, including insured U.S. branches of foreign banks. All institutions with branch offices are required to submit the survey; institutions with only a main office are exempt. All survey responses are required by July…
Addressing racial inequities in consumer finance markets
June 2, 2021 / Source: CFPB
Addressing racial inequities in consumer finance markets By Dave Uejio – JUN 02, 2021 Over the last year, our country has faced many significant challenges, including the COVID-19 pandemic, the murder of George Floyd, and other acts of violence and racism. As a result, our nation has started a critical and long overdue conversation around race and equity….
Guidance to Help Financial Institutions and Facilitate Recovery in Areas of West Virginia Affected by Severe Storms
June 1, 2021 / Source: FDIC
Financial Institution Letter Regulatory Relief June 1, 2021 | FIL-38-2021 Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of West Virginia affected by severe storms. A copy of the Guidance can be found on the FDIC’s website. Statement of Applicability: This Financial Institution Letter (FIL)…
Federal Reserve Board invites public comment on proposed rule to govern funds transfers over the Federal Reserve Banks’ FedNow Service
June 1, 2021 / Source: FRB
Press Release June 01, 2021 Federal Reserve Board invites public comment on proposed rule to govern funds transfers over the Federal Reserve Banks' FedNow Service The Federal Reserve Board on Tuesday invited comment on a proposed rule to govern funds transfers over the Federal Reserve Banks' FedNow℠ Service. The FedNow Service is a new 24x7x365…