OCC’s Brooks Warns Governors, Mayors on Risks to Banks of Long-Term ‘Lockdowns’
As governors and municipal officials make decisions on reopening local economies in the wake of the coronavirus pandemic, Acting Comptroller...
Community Banking
ECORA Tax Relief Also Benefits Farms, Single-Family Rural Residences
Recent legislation introduced in both houses of Congress―the Enhancing Credit Opportunities in Rural America Act―would amend the Internal Revenue Code...
SBA, Treasury Allocate $10B of Round Two PPP Funds for CDFIs
To help ensure that Paycheck Protection Program funds reach all small businesses in need, the Small Business Administration and Treasury...
OCC Rule Clarifies Virtual Meeting Options for National Banks, Federal Thrifts
To facilitate banks’ needs to hold meetings during the coronavirus pandemic, the OCC is issuing an interim final rule clarifying...
Podcast: Supporting Small Business Cashflows in the COVID Recovery
Memorial Day signified the beginning of summer in many parts of the country, and the slow but steady reopening of...
Four Ways Banks Protect Seniors by Reducing Social Isolation
For seniors, social distancing saves lives but breeds vulnerability to fraud. Here’s how banks are protecting older Americans’ finances in...
Agencies Issue FAQs on Coronavirus, Community Reinvestment Act Activities
The OCC today released a list of 13 interagency frequently asked questions related to the Community Reinvestment Act and the...
Remembrance of the Debt We All Owe: Memorial Day 2020
In observance of Memorial Day, USAA has launched a campaign to help Americans honor and remember those who have given...
New Video Highlights Banking Industry Response to COVID-19
A new video released by the American Bankers Association today highlights the many ways America’s banks have stepped up to support...
Fed Survey: Amid Pandemic, Americans Remain Able to Cover Emergency Expenses
One in five adults employed in February had been furloughed or laid off by April, according to the Federal Reserve’s...
