Appeals court rules New York interest-on-escrow law preempted by federal law
A federal appeals court ruled that New York State’s interest-on-escrow law is preempted by the National Bank Act, with the ...
Tag: National Bank Act
OCC finalizes revised chartering rules for national trust institutions
The OCC has finalized a rule that amends its chartering regulations to clarify that national banks with trust powers are ...
ABA urges OCC to provide stronger safeguards, clearer rules for charter applicants
As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase ...
OCC proposes revising chartering rules for national trust institutions
The OCC is proposing to amend its chartering regulations to clarify that national banks limited to the operations of trust ...
FDIC, OCC side with plaintiffs in lawsuit over Colorado rate cap
A federal court erred when it left in place a Colorado law capping interest rates and fees on loans to ...
ABA questions OCC approval of trust charters for crypto companies
ABA President and CEO Rob Nichols said the OCC's approvals raise important questions about the scope and oversight of the ...
OCC’s Gould skeptical of concerns about bank charters for crypto firms
Comptroller of the Currency Jonathan Gould dismissed concerns raised by bank advocates and others about allowing digital asset firms to ...
ABA, associations urge OCC to postpone crypto firm applications for bank charters
ABA joined four banking and credit union associations in raising concerns about a push by digital asset firms to establish ...
Former OCC heads warn that state rules for national banks are ‘a troubling threat’
Attempts by states such as Illinois and Florida to force nationally chartered banks to comply with state rules “fly in ...
OCC weighs in against Illinois interchange law in rare amicus brief
The OCC submitted an amicus brief supporting ABA, the Illinois Bankers Association and others’ request for a preliminary injunction against ...
