Links in “OCC”
- OCC Presents Efforts on Community Banking
Comptroller of the Currency Thomas J. Curry discussed efforts to strengthen community banking through flexibility expansion of the federal thrift charter, efforts to reduce unnecessary burden in the regulatory process and enhancements made to institutional readiness regarding cyber threats. [4/3/15]
- Service Members Are Getting an Extension on Protections
The OCC extended temporary protections to service members through 2015 year-end, because of a variety of mortgage-related issues. [4/2/15]
- MDIAC to Advise OCC
The Office of the Comptroller of the Currency will hold a public meeting for the Minority Depository Institutions Advisory Committee on April 7, 2015. The OCC will be advised on steps needed to ensure the continued health of minority depository institutions. [3/24/15]
- NCUA Gets New CIO
National Credit Union Administration Board Chairman Debbie Matz announced that Edward Dorris will be the agency's new Chief Information Officer. Dorris brings over 25 years of information technology experience to his new position. Edward Dorris formerly served as Chief Information Officer at the Office of the Comptroller of the Currency. [3/24/15]
- Spring Cleaning
The OCC has released its March enforcement actionsâa smaller list than last month. [3/23/15]
- Citigroup’s Settlement Mistake Triggers Congressional Inquiry of Other Banks
A single consumer complains, which triggers an investigation at Citigroup that found 24,000 customers hadn't received their part of a settlement over foreclosure abuses. Now Maxine Waters wants to know how the OCC and the Federal Reserve are handling these large settlement cases. [3/23/15]
- OCC’s Speech on Community Development
The OCC's Deputy Comptroller for Community Affairs speech to the Association for Neighborhood and Housing Development (ANHD) included insights into how public welfare projects and Community Reinvestment Act can foster community and economic development. [3/20/2015]
- A Page Out of OCC’s Book
The OCC has released a "Deposit-Related Credit" booklet; which replaces the previous "Deposit-Related Consumer Credit". [3/9/15]
- OCC Cracks Down on Pennsylvania Bank
The OCC charged a half million civil money penalty for failing to file suspicious activity reports in a timely manner. [3/2/15]
- Youth: The Future of Financial Security
Five financial regulatory agencies (FinCEN, FRB, FDIC, NCUA, and OCC) have issued guidance encouraging institutions to promote improved financial strength of youth by offering savings programs directly geared toward young people. The guidance does not create any new regulatory policy or industry expectations; however, institutions are strongly encouraged to implement such programs. [2/25/15]
