Community Banks

Federal Reserve: Board Announces Community Depository Institutions Advisory Council Members for 2018

The Federal Reserve Board on Wednesday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president and vice president of the council for 2018. CDIAC advises the Board on the economy, lending conditions, and other issues of interest to community depository institutions. Members are selected from representatives of commercial banks, thrift…

OCC: Fourth Quarter 2017 and First Quarter 2018 CRA Evaluation Schedule Released

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the fourth quarter of 2017 and first quarter of 2018. The OCC encourages public comment on the national banks and federal savings associations scheduled to be evaluated under the CRA, and suggests…

ABA: “Take Your Lawmaker to Work” Program Kicks Off

Members of Congress invited to experience a ‘day in the life’ as a bank employee ​WASHINGTON — August marks the start of the American Bankers Association’s “Take Your Lawmaker to Work” program – an annual initiative that encourages bankers to host their elected policymakers at a local branch. Bankers across the country have invited members…

CFPB: New Advisory Board and Council Members Announced

WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) announced the appointment of new consumer experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. The four bodies provide advice to CFPB leadership on a broad range of consumer financial issues…

FDIC: New FDIC Ombudsman Appointed

The Federal Deposit Insurance Corporation (FDIC) has appointed M. Anthony Lowe to the post of FDIC Ombudsman and Director of the Office of the Ombudsman. The Ombudsman’s office interacts extensively with bankers, other industry representatives, community groups, and members of the public to answer questions and hear concerns about FDIC policies and regulations. The office…

FDIC: List of Banks Examined for CRA Compliance Issued

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 2017. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

OCC: CRA Evaluations Released for 18 National Banks and Federal Savings Associations

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, 2017 through May 31, 2017. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received…