Examination

OCC: Agency Ceases Examinations for Reputation Risk

The Office of the Comptroller of the Currency (OCC) today announced that it will no longer examine its regulated institutions for reputation risk and is removing references to reputation risk from its Comptroller’s Handbook booklets and guidance issuances. Today’s actions support the OCC’s mission and its supervisory objectives to ensure that banks have appropriate and…

Federal Reserve: Statement by Governor Bowman on Accepting Nomination as Vice Chair for Supervision

Statement by Governor Michelle W. Bowman: I would like to express my thanks to President Trump for nominating me as the Vice Chair for Supervision. I am grateful for the continued faith and confidence he has placed in me to fulfill this vital role. If confirmed, I will promote a safe and sound banking system…

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 December 2024. The CRA is a 1977 law that requires the FDIC to assess a bank’s record of meeting…

OCC: CRA Performance Evaluations Released for 26 National Banks and Federal Savings Associations

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 February 1, 2025, through February 28, 2025. Under the CRA, the OCC assesses an institution’s record of meeting the credit needs of its entire community, including low- and…

FDIC: CRA Examination Schedules for Second Quarter 2025 and Third Quarter 2025 Issued

The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the second quarter 2025 and third quarter 2025. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter.  The…

OCC: Second and Third Quarter 2025 CRA Evaluation Schedule Issued

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second and third quarters of 2025. The OCC encourages public comment on the CRA-related activities of the national banks and federal savings associations (collectively, banks) scheduled to be evaluated under the…

ICBA: Statement Issued Opposing Consolidation of the Nation’s Banking Regulators

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement opposing the consolidation of the nation’s banking regulators.  “While Wall Street bank executives and others have called for consolidating the nation’s banking regulators, ICBA and community bankers have long supported the independence of the federal banking agencies and our…

FDIC: Documents Released Related to Supervision of Crypto-Related Activities

Today, the Federal Deposit Insurance Corporation (FDIC) released 175 documents related to its supervision of banks that engaged in, or sought to engage in, crypto-related activities. Acting Chairman Travis Hill issued the following statement in connection with the release:  “I have been critical in the past of the FDIC’s approach to crypto assets and blockchain….

Congressman Williams Introduces 1071 Repeal to Protect Small Business Lending Act

Today, Congressman Roger Williams (TX-25) introduced legislation to repeal the small business loan data collection requirements established under Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This bill seeks to eliminate costly regulatory burdens on financial institutions, ensuring greater access to credit for small businesses. “Small businesses are the backbone of the American…

Senators Scott, Hagerty, Lummis, and Gillibrand Introduce Bipartisan Legislation to Establish a Stablecoin Regulatory Framework

Today, Chairman Tim Scott (R-S.C.) joined Senate Banking Committee members Senators Bill Hagerty (R-Tenn.) and Cynthia Lummis (R-Wyo.), as well as Senator Kirsten Gillibrand (D-N.Y.), in introducing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, legislation to establish a clear regulatory framework for payment stablecoins. “Stablecoins enable faster, cheaper, and competitive transactions in our…