OCC’s Curry Details Plans to Speed Up CRA Examinations
Comptroller of the Currency Thomas Curry today described several changes the OCC is making to improve how it examines for compliance with the Community Reinvestment Act.
Browsing: Community Reinvestment Act
Dems Press Regulators for CRA Reform
A group of Democratic lawmakers from both the House and Senate wrote to the federal regulatory agencies asking them to take steps to modernize the Community Reinvestment Act to address changes in the banking industry.
Agencies Issue Final Updates to CRA Q&As
The federal banking agencies issued revised questions and answers today on Community Reinvestment Act compliance. In their final guidance, the agencies clarified nine of the 10 proposed Q&As.
OCC Names Deputy Comptroller for Compliance Risk
The OCC today announced that Donna Murphy has been named deputy comptroller for compliance risk.
Curry: Regulators Updating CRA Q&As as Part of Fintech Response
The federal banking agencies are preparing updates to the Community Reinvestment Act questions and answers to provide guidance on how alternative delivery methods for financial services, including those provided through financial technology platforms, Comptroller of the Currency Thomas Curry said today at a community reinvestment conference in Washington, D.C.
Curry: OCC to Issue Guidance on Higher LTV Lending
The OCC will issue guidance in the coming months on managing risk for higher loan-to-value lending in communities targeted for revitalization, Comptroller of the Currency Thomas Curry announced today in his remarks at the 2016 National Interagency Reinvestment Conference in Los Angeles.
Agencies Release CRA Asset-Size Threshold Adjustments for Small Banks
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.
FDIC Updates Compliance Examination Manual
The FDIC today updated its Compliance Examination Manual with new guidance and examples for examiners conducting compliance and Community Reinvestment Act examinations.
Fed Approves M&T, Hudson City Deal
The Federal Reserve today approved the acquisition of Hudson City Bancorp, Paramus, N.J., by the Buffalo, N.Y.-based M&T Bank Corporation.