Tag Archives: regulatory burden

Banker Op-Ed Calls for Modernization of CRA

The OCC should act now to update the Community Reinvestment Act so banks can better serve their communities, wrote Zions Bank President and CEO A. Scott Anderson in a Deseret News op-ed on Thursday. The op-ed came just a few weeks after the OCC issued its advanced notice of proposed rulemaking seeking input on the best ways to modernize CRA ...

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Zions Bank Sheds SIFI Status

The Financial Stability Oversight Council today voted to de-designate Zions Bank as a systemically important financial institution as the bank merges with its holding company.

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Fed Issues Rule Offering Relief for Small Bank Holding Companies

The Federal Reserve Board today issued an interim final rule implementing a provision in S. 2155 that raises the asset threshold for relief under the Fed’s small bank holding company policy statement from $1 billion to $3 billion. It also applies to savings and loan holding companies with less than $3 billion in total consolidated assets. ABA has long advocated ...

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