Regulatory Agencies to Host Mutual Forum in August
The OCC and FDIC will host a joint forum for mutual institutions on August 4 in Arlington, Va.
Browsing: Mutual Banks
Bankers Urge Congress to Pass HOLA Flexibility Bills
A total of 130 OCC-regulated savings associations signed onto an ABA letter today thanking Congressional leaders for supporting legislation that would allow institutions chartered under the Home Owners’ Loan Act to elect to operate more like banks without having to change their charters — a key part of ABA’s Agenda for America’s Hometown Banks.
The Community Bank Incubator: Unbanked Customers
Armed with insight and tailored educational outreach, these banks are catering to nontraditional customers that, in turn, boost their bottom lines.
Heitkamp, Moran Introduce Senate Version of HOLA Flexibility Bill
Sens. Heidi Heitkamp (D-N.D.) and Jerry Moran (R-Kan.) today introduced ABA-advocated legislation that would allow institutions chartered under the Home Owners Loan Act to elect to operate more like national banks without having to change their charters.
Rep. Rothfus Seeing Progress on Mutual, Thrift Bills
Speaking today at ABA’s Mutual Community Bank Conference, Rep. Keith Rothfus (R-Pa.) provided an update on two key pieces of legislation he introduced that are part of ABA’s Agenda for America’s Hometown Banks.
Mutual Bankers Anticipate Growth, Higher Profitability in 2016
An increasing number of bankers believe their regulatory examiners understand the mutual model, according to ABA’s annual survey of the nation’s mutual institutions, which was released today as the association kicks off its Mutual Community Bank Conference in Washington, D.C.
House Panel Advances ABA-Advocated Thrift Flexibility Bill
The House Financial Services Committee yesterday approved by a voice vote a bipartisan bill that would allow thrifts chartered under the Home Owners’ Loan Act to elect to receive the lending powers — and compliance responsibilities — of national banks without changing their HOLA charters.
ABA-Advocated Bills to Get Committee Vote This Week
The House Financial Services Committee is expected to vote this week on several bipartisan bills that are part of ABA’s Agenda for America’s Hometown Banks. H.R. 1309, introduced by Rep. Blaine Luetkemeyer (R-Mo.) with 112 bipartisan co-sponsors, would eliminate the automatic designation of banks as systemically important based solely on asset size, recognizing that regulators should consider many different components of risk.
A Conversation with the Comptroller
Frank Keating discusses top banking issues—from regulatory relief and cybersecurity to de novos and the future of the mutual charter—with Comptroller of the Currency Thomas Curry.