House Democrats criticize proposed changes to CRA regulations
The Democratic members of the House Financial Services Committee warned banking regulators against “weakening” the Community Reinvestment Act and requested ...
Tag: OCC
ABA, associations urge OCC to broaden application process for stablecoin issuers
As it seeks to implement the Genius Act, the OCC should consider additional factors when reviewing applications from non-bank entities ...
OCC releases mortgage performance report for Q2 2026
The OCC released the second quarter 2026 mortgage metrics report, which showed that 97.7% of first-lien mortgages in the federal ...
Court exempts federal credit unions from Illinois interchange law
A federal court expanded an injunction against enforcement of the Illinois Interchange Fee Prohibition Act to include federal credit unions, ...
Banking agencies pledge more scrutiny of core provider business practices
The federal banking agencies pledged to step up oversight of third-party core providers whose business practices “unreasonably limit” community banks ...
Banking agencies expand bank eligibility for extended exam schedule
The federal banking agencies announced they are raising the asset threshold that certain banks must fall under to qualify for ...
Hill: FDIC on track to issue stablecoin rulemaking by year’s end
The FDIC plans to issue a final rulemaking before the end of the year to establish an application process and ...
FinCEN, banking agencies release FAQs on digital credentials, customer ID
Financial institutions may use a mobile driver’s license or other government-issued virtual ID as a form of documentary verification for ...
FDIC, OCC formally define unsafe and unsound practices
The FDIC and OCC finalized a rule to formally define “unsafe and unsound practices,” which they said would bring more ...
FDIC pushes back comment deadline for disclosure rule
The FDIC will extend the public comment deadline for its proposed bank information disclosure rule to align it with a ...
