Links in “OCC”

Terminating relationships that aren't problematic because they are in an industry that is viewed unfavorably in order to avoid regulatory scrutiny is called "de-risking," and Thomas Curry of the OCC thinks additional guidance on this issue is in order. [3/8/16]

A schedule of institutions to be examined for CRA between April 1, 2016 to June 30, 2016, is now available. OCC releases its schedule, too. Time to check that public file. [3/1/16]

OCC released its list of new enforcement actions. New Jersey wins the month for new actions, while Delaware takes home the prize for terminations of enforcement actions. [2/22/16]

The Fed has published interim final rules that raise the asset size limit for qualifying, well-capitalized banks from $500 million to $1 billion. So did the FDIC and OCC. [2/22/16]

With the unsteadiness of the market, the OCC's Comptroller says the banking system is far more resilient after recent reforms. [2/12/16]

When it is consistent with safe and sound lending and will have a positive impact in stabilizing and revitalizing distressed communities. [2/11/16]

The OCC announced the termination of the mortgage servicing-related consent orders against U.S. Bank and Santander Bank, but not before assessing civil money penalties against both Banks for previous violations of the orders. The $10 million and $3.4 million fine respectively for the two Banks ends business restrictions imposed by the Orders. [2/10/16]

Comptroller of the Currency Thomas J. Curry's speech to the National Interagency Community Reinvestment Conference discussed efforts to help revitalize communities and highlighted how community members can voice their concerns regarding performance of Banks. [2/10/16]

The OCC issues its 2015 annual report, recapping the progress of legislative proposals to provide regulatory relief. Among the proposals are extending the examination cycle for community banks and exempting community banks from the Volcker rule. [2/9/16]

Pursuant to the Paperwork Reduction Act of 1995, the OCC is soliciting comments regarding extension of  its current information collection entitled "Privacy of Consumer Financial Information." [2/9/16]