OCC: Agency Announces Updates to Organizational Structure
The Office of the Comptroller of the Currency (OCC) today announced a new organizational framework for bank supervision and updates to the structure of its Office of the Chief National Bank Examiner. Effective October 1, three distinct lines of business will replace the Bank Supervision and Examination group: Large and Global Financial Institutions, Regional and…
FDIC: Enforcement Actions Manual Updated Regarding Minimum Standards for Termination of Cease-and-Desist and Consent Orders
The FDIC has updated chapter four of its Formal and Informal Enforcement Actions Manual (manual), entitled Cease-and-Desist Actions, regarding the agency’s minimum standards for terminating cease-and-desist and consent orders issued under Section 8(b) of the Federal Deposit Insurance (FDI) Act. The manual provides direction for professional staff related to the work necessary to pursue formal and informal enforcement actions….
FDIC: CRA Examination Schedule for Fourth Quarter 2025 Issued
The Federal Deposit Insurance Corporation (FDIC) today issued the list of institutions scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter 2025. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. The Community Reinvestment Act is…
OCC: Fourth Quarter 2025 and First Quarter 2026 CRA Evaluation Schedule Issued
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the fourth quarter of 2025 and the first quarter of 2026. The OCC encourages public comment on the CRA-related activities of the national banks and federal savings associations (collectively, banks) scheduled to…