While noting that it appreciates the bank regulators’ intent in their recent proposal to raise the thresholds at which bank directors or other management officials are prohibited from serving at more than one depository institution or holding company—and expressing support for an inflation-indexed increase in the thresholds—ABA today cautioned against an arbitrary asset threshold for defining a community bank.
The FDIC today issued a final rule to rescind Part 350 from the Code of Federal Regulations, removing an annual disclosure requirement that was duplicated by data publicly available on the FDIC’s website.
The financial regulatory agencies today issued a joint proposal to raise the threshold at which bank directors or other management officials are prohibited from serving at more than one depository institution or holding company.
The financial regulatory agencies today issued a proposal that would raise the appraisal threshold for residential real estate transactions from $250,000 to $400,000.
The federal banking agencies today finalized additional technical revisions to the Call Report, which will take effect June 30, 2018.
The House today passed three regulatory reforms supported by the American Bankers Association.
The House Financial Services Committee today passed a number of ABA-advocated bills.
The American Bankers Association today wrote to members of the House Financial Services Committee in support of several bills scheduled for consideration tomorrow.
The federal banking agencies are inviting public comments on additional technical revisions to the Call Report, which will take effect June 30, 2018.
The federal banking agencies today issued a proposed rule that would simplify the complex Basel III regulatory capital calculations for all but the very largest banks.