OCC

OCC: CRA Evaluations Released for 42 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 July 1, 2019 through July 31, 2019.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

August 8, 2019 CRA Examinations

OCC: CRA Guidelines for Requesting Approval of a Strategic Plan

OCC BULLETIN 2019-39 Summary The Office of the Comptroller of the Currency (OCC) is issuing this bulletin to inform national banks, federal savings associations, and federal branches of foreign banking organizations (collectively, banks) about current guidelines for requesting approval to be evaluated under the Community Reinvestment Act (CRA) using the strategic plan option or to request…

July 31, 2019 CRA Examinations

OCC: CRA Guidelines for Requesting Designation as Wholesale, Limited Purpose or Special Purpose Bank

OCC BULLETIN 2019-40 Summary The Office of the Comptroller of the Currency (OCC) is issuing this bulletin to inform national banks, federal savings associations, and federal branches of foreign banking organizations (collectively, banks) subject to the Community Reinvestment Act (CRA) about guidelines for requesting a designation as a wholesale or limited purpose bank for CRA purposes…

July 31, 2019 CRA Examinations

OCC: Supervision Support Functions Consolidated, New Units Announced

The Office of the Comptroller of the Currency today announced realignment of approximately 150 staff members to create two new units, consolidating bank supervision support, risk analysis, and oversight of national trust banks and significant service providers. “This realignment will improve the agency’s ability to supervise the federal banking system by aligning like work, eliminating…

July 31, 2019 Industry News

OCC: CRA Evaluations Released for 23 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 June 1, 2019 through June 30, 2019. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

July 2, 2019 CRA Examinations

OCC: Improvement in Mortgage Performance Reported for First Quarter 2019

The Office of the Comptroller of the Currency (OCC) reported a slight improvement in the performance of first-lien mortgages in the federal banking system during the first quarter of 2019. The OCC Mortgage Metrics Report, First Quarter 2019 showed 96.2 percent of mortgages included in the report were current and performing at the end of the quarter,…

June 26, 2019 Data & Trends

FFIEC: Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced the availability of the 2019 list of distressed or underserved nonmetropolitan middle-income geographies, where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA) consideration under the community…

June 17, 2019 Regulatory Updates

Interagency Release: List of Distressed and Underserved Nonmetropolitan Middle-Income Geographies for 2019 Released

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced the availability of the 2019 list of distressed or underserved nonmetropolitan middle-income geographies, where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA) consideration under the community…

June 17, 2019 Regulatory Updates

OCC: CRA Evaluations Released for 33 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 May 1, 2019 through May 31, 2019. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

June 5, 2019 CRA Examinations

OCC: Three New Members Appointed to Minority Depository Institutions Advisory Committee

The Office of the Comptroller of the Currency (OCC) today named three new members to its Minority Depository Institutions Advisory Committee (MDIAC). The MDIAC advises the OCC on steps it can take to ensure the continued health and viability of minority depository institutions and other issues of concern to these institutions. The new members are:…

June 4, 2019 Industry News