As part of its ongoing actions to implement regulatory relief identified by the decennial Economic Growth and Regulatory Paperwork Reduction Act review, the OCC today proposed several rule changes and sought comments on prospective changes sought by ABA during the EGRPRA feedback process.
Browsing: Mutual institution policy
The OCC today named four bank CEOs to its Mutual Savings Association Advisory Committee, which advises the OCC about mutual banks, assesses their current condition, and offers feedback on regulatory changes affecting mutuals’ health and viability.
A multibank mutual holding company validates its model by adding a third bank.
Charlie Schmalz talks about policy issues facing community banks in 2019, the persistence of the mutual banking model, community bank technology plays — and the best place to get Wisconsin cheese curds.
On the latest episode of the ABA Banking Journal Podcast, leaders at a New Hampshire mutual holding company to discuss how the MHC structure allows each bank to retain its unique community presence but benefit from shared services.
The OCC, ABA and the Missouri Bankers Association have filed friend-of-the-court briefs in the appeal of a Missouri case in which two mutual thrift depositors claim that they were entitled to a distribution of their thrift’s capital at the time the bank merged into another institution.
A federal judge in Missouri yesterday dismissed a lawsuit brought by two mutual bank depositors seeking a windfall payout of their bank’s accumulated capital when it merged into another institution.
Mutual banks are increasingly exploring the use of sub debt as a vehicle for growing capital and enhancing strategic choices.
Meet ABA Treasurer George Hermann, an optimistic ambassador for mutual community banks.