As the OCC’s long-awaited HOLA flexibility rule took effect this week, the agency issued several documents to help bankers understand the new rule and provide guidance to institutions wishing to elect to become “covered associations.”
Browsing: Mutual Banks
The OCC has issued a long-awaited final rule implementing a new section of the Home Owners’ Loan Act permitting certain federal stock and mutual savings associations to elect the rights and duties of national banks.
The OCC today named four 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.
A multibank mutual holding company validates its model by adding a third bank.
Charlie Schmalz talks about policy issues facing community banks in 2019, the persistence of the mutual banking model, community bank technology plays — and the best place to get Wisconsin cheese curds.
Meet Charlie Schmalz, ABA’s 2018-19 Community Bankers Council chairman.
The American Bankers Association today called on the OCC to quickly finalize a proposal to implement a new section of the Home Owners’ Loan Act permitting certain federal thrifts to elect the rights and duties of national banks, as mandated by the regulatory reform law S. 2155.
To conclude the first season of the ABA Banking Journal Podcast, co-host Evan Sparks tells the story of nine young bankers who changed America.
On the latest episode of the ABA Banking Journal Podcast, leaders at a New Hampshire mutual holding company to discuss how the MHC structure allows each bank to retain its unique community presence but benefit from shared services.
When it comes to banking, Laurie Stewart has seen it all. She started her career as a teller at a regional thrift; later, she worked as a bank examiner, and more recently, she served as chief executive of a credit union, a mutual bank and a commercial bank.