Tag: community_banks
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Comptroller Gould Tells Military Banking Summit Regulatory Framework Must Support Military Community
Comptroller of the Currency Jonathan V. Gould told the Military Banking Summit that supervisors must back banks serving servicemembers, veterans and military families, saying a Community Bank Comeback must include them.
BusinessPolitics and GovernmentBankingFederal GovernmentMilitaryEconomy Office of the Comptroller of the CurrencyJonathan V. GouldMilitary Banking Summitmilitary bankscommunity banksbank supervisionveteransOffice of the Comptroller of the Currency (OCC)
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OCC Updates Cybersecurity Supervision Work Program Structure, Keeps Procedures Unchanged
OCC Bulletin 2026-48 updates the Cybersecurity Supervision Work Program structure to align with the NIST Cybersecurity Framework, adds no new procedures, and rescinds Bulletin 2023-22.
BusinessScience & TechnologyLaw EnforcementUSABankingComputers and InternetFederal GovernmentLegal Office of the Comptroller of the CurrencyCybersecurity Supervision Work ProgramNIST Cybersecurity FrameworkFFIECCommunity BanksBank Information TechnologyCybersecurityOffice of the Comptroller of the Currency (OCC)
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OCC Proposes Tailored Third-Party Risk Management Guidance for Community Banks
The OCC proposed guidance tailoring third-party risk management to actual risk and issued a joint statement clarifying supervision of core service providers, part of its community bank burden-reduction push.
BusinessPolitics and GovernmentUSABankingFederal GovernmentEconomyLegal Office of the Comptroller of the Currencycommunity banksthird-party risk managementJonathan V. Gouldcore service providersbank supervisionregulatory burdenOffice of the Comptroller of the Currency (OCC)
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Four Federal Regulators Seek Comment on Proposed Third-Party Risk Management Guidance
FDIC, Federal Reserve, NCUA and OCC request comment on principles-based, non-binding guidance for banks' third-party relationships, plus a statement on community bank core service providers.
BusinessPolitics and GovernmentUSABankingFederal GovernmentFinancial MarketsLegal Office of the Comptroller of the CurrencyFederal Deposit Insurance CorporationFederal Reserve BoardNational Credit Union Administrationthird-party risk managementcommunity bankscore service providersOffice of the Comptroller of the Currency (OCC)
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Federal Reserve and Agencies Seek Comment on Third-Party Risk Management Guidance
Federal banking agencies propose new third-party risk management guidance for comment and issue a statement on community bank engagement with core service providers.
BusinessPolitics and GovernmentBankingFederal GovernmentEconomyLegal Federal Reserve Boardthird-party risk managementcommunity bankscore service providersbanking regulationpublic commentBoard of GovernorsU.S. Federal Reserve
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OCC Raises Asset Threshold to $6 Billion, Extending Exam Cycle for About 50 More Community Banks
The OCC published an interim final rule raising the asset threshold to $6 billion under the 21st Century ROAD to Housing Act, making roughly 50 more institutions eligible for an 18-month exam cycle.
BusinessPolitics and GovernmentUSABankingFederal GovernmentEconomyLegal Office of the Comptroller of the Currency21st Century ROAD to Housing ActJonathan V. Gouldcommunity banksexamination cyclebank regulationScott BessentOffice of the Comptroller of the Currency (OCC)
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OCC Raises Asset Threshold for 18-Month Bank Examination Cycle to $6 Billion
Interagency interim final rule lets qualifying 1- and 2-rated banks under $6 billion in assets move to an 18-month on-site examination cycle, up from the previous $3 billion threshold.
BusinessPolitics and GovernmentUSABankingFederal GovernmentLegalEconomy Office of the Comptroller of the CurrencyFederal Reserve BoardFederal Deposit Insurance Corporation18-month examination cycle21st Century ROAD to Housing Actcommunity banks12 CFR 4Office of the Comptroller of the Currency (OCC)
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Federal Regulators Expand 18-Month Exam Cycle to More Community Banks
Interagency interim final rule raises the asset threshold from $3 billion to $6 billion, letting more well-managed, well-capitalized community banks qualify for an 18-month on-site exam cycle.
BusinessPolitics and GovernmentUSABankingFederal GovernmentEconomyLegal Office of the Comptroller of the CurrencyFederal Deposit Insurance CorporationFederal Reserve Boardcommunity banks18-month exam cycle21st Century ROAD to Housing Actinterim final ruleOffice of the Comptroller of the Currency (OCC)
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Agencies Reduce Regulatory Burden for Community Banks, Increase 18-Month Exam Cycle Eligibility
The Federal Reserve Board released a notice stating that agencies are reducing regulatory burden for community banks and increasing eligibility for the 18-month examination cycle.
BusinessPolitics and GovernmentBankingFederal GovernmentEconomyLegal Federal Reserve Boardcommunity banksregulatory burden18-month examination cyclebank regulationfinancial regulationBoard of GovernorsU.S. Federal Reserve
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OCC Opens Registration for Fall 2026 Community Bank Workshops
The OCC is accepting registrations for its fall 2026 in-person workshops for community bank directors and senior management. These final workshops of the year include a new Asset Management session, offering practical training across various U.S. cities.
BusinessPolitics and GovernmentEconomyBankingFinancial MarketsFederal GovernmentEducation Office of the Comptroller of the CurrencyCommunity BanksFinancial ServicesProfessional DevelopmentAsset ManagementRisk ManagementOffice of the Comptroller of the Currency (OCC)
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OCC Opens Registration for Fall 2026 Community Bank Workshops
The OCC is accepting registrations for its fall 2026 in-person workshops for community bank directors and senior management. These workshops, including a new Asset Management session, offer practical training to strengthen community banks.
BusinessPolitics and GovernmentEconomyBankingFederal GovernmentEducationFinancial Markets Office of the Comptroller of the CurrencyCommunity BanksBank DirectorsSenior ManagementWorkshopsAsset ManagementOffice of the Comptroller of the Currency (OCC)
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Trump Administration Highlights Community Bank Support and Financial Security Efforts
Treasury Secretary Scott Bessent and Comptroller Jonathan Gould discussed the Trump Administration's initiatives to ease regulatory burdens on community banks, boost Main Street economic growth, and protect the financial system from illicit activities in Arizona.
Politics and GovernmentBusinessLaw EnforcementGeneral PoliticsFederal GovernmentEconomyBankingLegalSocial Issues Scott BessentJonathan V. GouldTrump AdministrationCommunity BanksRegulatory ReliefEconomic GrowthFinancial SystemOffice of the Comptroller of the Currency (OCC)
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Treasury Secretary Bessent Calls on Arizona Bankers to Bolster National Security Against Illicit Finance
Treasury Secretary Scott Bessent urged Arizona bankers to combat illicit finance linked to border issues, emphasizing their vital role in national security and economic growth. He also criticized past regulations for weakening community banks.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyBankingSocial Issues Scott BessentArizonaCommunity BanksFinancial CrimesNational SecurityDodd-FrankUS Treasury
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OCC Proposes Major Changes to Information Disclosure Rules
The OCC proposes new rules for disclosing its information, creating "confidential supervisory information" (CSI) and expanding exceptions for sharing. The changes aim to balance confidentiality with transparency, business efficiency, and FOIA request improvements for banks.
BusinessPolitics and GovernmentLaw EnforcementBankingFederal GovernmentLegalGeneral Politics OCCBank SupervisionConfidential Supervisory InformationFinancial RegulationFreedom of Information ActRulemakingCommunity BanksOffice of the Comptroller of the Currency (OCC)
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OCC and FDIC Propose Targeted Changes to Community Reinvestment Act Rules
The OCC and FDIC propose changes to Community Reinvestment Act rules, aiming to better align with the mandate, ensure grants reach communities, reduce bank burden, and provide clarity, especially for community banks.
BusinessPolitics and GovernmentBankingFederal GovernmentEconomyLegalSocial Issues Community Reinvestment ActOCCFDICfinancial regulationcommunity developmentcommunity banksOffice of the Comptroller of the Currency (OCC)
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OCC Releases Revised Guide to Boost Community Bank Lending
The OCC released a revised guide for the community bank leverage ratio framework, aiming to provide regulatory relief. This move could free up $64 billion for Main Street lending, benefiting 95% of community banks by simplifying capital requirements and reducing…
Politics and GovernmentBusinessFederal GovernmentEconomyBankingLegal Office of the Comptroller of the CurrencyCommunity Bank Leverage RatioRegulatory ReliefCommunity BanksMain Street LendingFinancial RegulationOffice of the Comptroller of the Currency (OCC)
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OCC Comptroller Gould Emphasizes Financial Literacy and Digital Innovation
Comptroller Jonathan V. Gould highlighted the OCC's efforts to boost financial literacy, support responsible innovation, and provide practical consumer resources at a recent commission meeting, emphasizing digital tools and community bank partnerships.
Politics and GovernmentBusinessGeneral PoliticsFederal GovernmentEconomyBankingEducation Jonathan V. GouldOffice of the Comptroller of the CurrencyFinancial Literacy and Education Commissionfinancial literacydigital financecommunity banksconsumer protectionOffice of the Comptroller of the Currency (OCC)
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OCC Opens Registration for July and August 2026 Community Bank Workshops
The OCC is registering participants for its July and August 2026 in-person workshops. These examiner-led sessions offer practical training for board directors and senior management of national community banks and federal savings associations on critical banking challenges.
BusinessPolitics and GovernmentBankingFederal GovernmentEconomyEducation Office of the Comptroller of the CurrencyCommunity BanksBank DirectorsWorkshopsRisk ManagementFinancial ServicesOffice of the Comptroller of the Currency (OCC)
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OCC Clarifies Filing Decision Standards for Financial Institutions
The OCC has issued new guidance clarifying its filing decision process for banks and federal savings associations. The bulletin emphasizes complete submissions and outlines criteria for approval, conditional approval, denial, and returning deficient filings.
BusinessPolitics and GovernmentBankingFederal GovernmentLegalEconomy OCCFiling DecisionsNational BanksFederal Savings AssociationsCommunity Banks12 CFR 5.13Charters & LicensingOffice of the Comptroller of the Currency (OCC)
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Treasury Secretary Bessent Urges Community Banks to Bolster Financial Security Against Illicit Activity
Treasury Secretary Scott Bessent called on community banks to be the first line of defense against financial crime, highlighting new guidance and an Executive Order to combat fraud and illicit activity, particularly in areas like Houston.
BusinessPolitics and GovernmentLaw EnforcementEconomyFederal GovernmentEmployment and LaborWhite House US TreasuryCommunity BanksFinancial SecurityFraudExecutive OrderFinCENTexas
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OCC Releases Third Quarter 2026 CRA Evaluation Schedule
The OCC has released its Q3 2026 Community Reinvestment Act evaluation schedule, a departure from its usual two-quarter advance notice. This change is due to updates for community banks and supervisory reforms, with public comments encouraged.
Politics and GovernmentBusinessFederal GovernmentEconomyLegalBanking OCCCommunity Reinvestment ActBank RegulationFinancial ServicesEvaluation ScheduleCommunity BanksPublic CommentOffice of the Comptroller of the Currency (OCC)
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OCC Announces 2026 Workshop Series for Community Bank Leaders
The OCC is offering workshops for community bank directors and senior management throughout 2026, focusing on risk management, governance, and compliance to strengthen operations and support economic vitality.
BusinessPolitics and GovernmentBankingFinancial MarketsEconomyFederal GovernmentEducation Office of the Comptroller of the CurrencyCommunity BanksRisk ManagementBanking WorkshopsFinancial ServicesJonathan V. GouldBusiness EducationOffice of the Comptroller of the Currency (OCC)
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OCC Advances Regulatory Relief for Community Banks to Boost Economic Growth
The OCC is implementing reforms to reduce regulatory burden on community banks, tailoring supervision, simplifying capital calculations, and updating examination guidance to support their economic growth role.
Politics and GovernmentBusinessFederal GovernmentBankingEconomyComputers and Internet Community BanksRegulatory ReformOffice of the Comptroller of the CurrencyBanking SupervisionEconomic DevelopmentCommunity Bank Leverage RatioCybersecurityOffice of the Comptroller of the Currency (OCC)
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OCC Codifies Bank Discretion for Real Estate Escrow Accounts
The OCC's new final rule clarifies national banks' and federal savings associations' powers to manage real estate lending escrow accounts. It grants them discretion over terms, fees, and customer compensation, applying to all community banks.
BusinessPolitics and GovernmentEconomyBankingLegalReal Estate Office of the Comptroller of the CurrencyReal Estate LendingEscrow AccountsNational BanksFederal Savings AssociationsCommunity BanksFinancial RegulationOffice of the Comptroller of the Currency (OCC)