Links in “OCC”

Among other enforcement actions, former banker in South Dakota banned from banking for selling customer information to an outside party, which used that information in a fraudulent check-cashing scheme that cost the bank nearly $50K. [8/19]

On the same day, the OCC released the results for CRA examinations for the months of May and June (1 NI out of 49 or 2%). Must have wanted to batch results. May is here. [8/15]

OCC Director Workshops Schedule is heading to town near you. Topics include:
Mastering the Basics Workshop: A Director’s Challenge, Risk Assessment Workshop: Directors, Where is the Risk in Your Institution? Compliance Risk Workshop: What Directors Need to Know, and Credit Risk Workshop: A Director’s Focus. Link: https://www.seiservices.com/occ/welcome.aspx [8/13]

Celebrating its 150th, a bank in tiny McConnelsville, Ohio (population 2,000), is the oldest national bank still operating under the same name and the same OCC charter (number 46). Read about one of its first examination reports. (Times have changed.) [8/6]

FDIC, OCC, FRB promote workout program guidance for FIs under $1B in handling problem student loan borrowers. [8/1]

OCC issues fraud warning on letters that falsely claim OCC holding funds for would-be marks. [7/25]

OCC provides strong guidance on Debt Collection including 8 Best Practices elements. Emphasis remains on Controls, Oversight, Monitoring and, if needed, Look-back reviews. [7/18]

Links to Remarks and Testimony promote Flexibility, Transparency, Awareness (think UDAAP). [6/25]

Banks in Missouri, Kansas, Nebraska and Mississippi hit with C&D and civil money penalties. [6/24]

Report targets ERM, Cyber, Underwriting, Earnings & BSA/AML risks. That'll keep you busy. [6/19]