The federal regulators today announced the annual adjustment to the asset-size thresholds they will use to differentiate small and intermediate banks and savings associations under the Community Reinvestment Act.
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The FDIC today updated its Compliance Examination Manual with new guidance and examples for examiners conducting compliance and Community Reinvestment Act examinations.
The Federal Reserve today approved the acquisition of Hudson City Bancorp, Paramus, N.J., by the Buffalo, N.Y.-based M&T Bank Corporation.
On September 30, 2015, the Federal Reserve Board of Governors approved Hudson City’s $3.7 billion merger with M&T Bank. The merger is expected to close on November 1, 2015, pending approval by the New York State Department of Financial Services.
The federal banking agencies today issued aggregate data on 2014 small-business, small-farm and community development loans that institutions reported under the Community Reinvestment Act.
The federal banking agencies yesterday released their 2015 list of distressed or underserved middle-income non-metropolitan areas where banks can receive Community Reinvestment Act credit for revitalization activities.
The FDICand OCC have released their third-quarter Community Reinvestment Act examination schedules, covering July through September 2015.
The OCC’s Community Developments Insights newsletter published today focuses on how banks can support the market for small multifamily rental housing.
ABA last week filed its second comment letter in response to the decennial EGRPRA regulatory burden review that the federal banking agencies must conduct.
Comptroller of the Currency Thomas Curry today encouraged bankers to participate in the Treasury Department’s State Small Business Credit Initiative, which has since 2010 distributed more than $1 billion to states for programs that expand access to credit for small businesses.