The OCC today proposed changes to its current rules on national bank or federal savings association ownership of real property. The proposal will provide a set of general standards—including an occupancy test and excess capacity standards—that the OCC will use for determining whether the acquisition and holding of real estate Is necessary for the transaction of an institution’s business.
Banks have been investing in appointment tools and solutions long before the pandemic.
As part of its ongoing effort to review and rescind outdated or irrelevant regulations and guidance, the FDIC has issued a final rule amending its application requirements for the establishment and relocation of branches and offices.
Go on the offensive on social media and take advantage of creative branding opportunities, as well as provide clear communications to your team members and clients.
The share of U.S. households that are unbanked continued falling in 2019, reaching 5.4%, the lowest rate yet recorded in a biennial FDIC report.
Banks are trying new ways to inspire their communities to bring in coins, which are not circulating as much as usual because of the coronavirus shutdown.
Banks will win clients during and following the pandemic by providing in-person experiences that combine smart health protections, engaging personal interactions and useful technology enhancements.
In an email to member CEOs yesterday, ABA President and CEO Rob Nichols urged banks to adopt and publicly announce a policy requiring anyone entering a bank branch to wear a mask or face covering.
The time is right to leverage the experiences of the past few months to make significant and sustainable changes to the branch environment.