Community Banking

OCC Names New Members to Mutual Advisory Committee

The OCC today named six bank CEOs to its Mutual Savings Association Advisory Committee, which advises the OCC about mutual banks, assesses their current condition, and offers feedback on regulatory changes affecting mutuals’ health and viability.

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Financial Choice Act Clears House Committee

The House Financial Services Committee today voted to advance the Financial Choice Act, Chairman Jeb Hensarling’s (R-Texas) sweeping, 600-page bill aimed at reforming parts of the Dodd-Frank Act’s extensive supervisory regime and providing regulatory relief for banks.

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