ICBA: Statement Issued on Proposal to Amend Community Reinvestment Act Rules
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) proposed rule opens in a new tabto amend Community Reinvestment Act regulations. “While ICBA looks forward to closely reviewing today’s proposed rule, we are strongly…
FDIC & OCC Issue Joint Proposal Amending the Community Reinvestment Act Rules
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the agencies) today proposed targeted changes to their current rules implementing the Community Reinvestment Act (CRA) to better align with the statutory mandate; better ensure that community development grants reach the communities they are intended to benefit; reduce burden for banks,…
Agencies Issue Joint Statement on Handling of Highly Sensitive Information During Bank Examinations
The federal bank regulatory agencies today issued a joint statement describing enhanced security procedures for review of highly sensitive information in connection with examinations of supervised banks, such as reviewing materials on-site rather than transferring them onto agency systems. The statement discusses a coordinated approach to identifying highly sensitive data and documents and discusses enhanced…
FFIEC: 2025 Data on Mortgage Lending Reported Under HMDA Published
The Federal Financial Institutions Examination Council (FFIEC) recently published data on 2025 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4782 U.S. financial institutions. The Snapshot National Loan-Level Dataset released contains the national HMDA datasets as of June 1, 2026. The FFIEC released several data products to serve a variety of data users,…
OCC: Comptroller Gould Testifies on Agency Activities
Comptroller Jonathan V. Gould today testified on the Office of the Comptroller of the Currency’s (OCC) priorities and activities before the U.S. House of Representatives Committee on Financial Services. Excerpts from Comptroller Gould’s testimony are below. The full written testimony can be found here. On risk tolerance: “After the 2008 financial crisis, Washington too often sought…
Agencies Remove Additional References to Reputation Risk
The federal bank regulatory agencies today jointly updated certain interagency documents to remove references to reputation risk. The agencies are taking this action to complement their earlier actions that ended the use of reputation risk in supervision. As the agencies have previously noted, reputation risk can be misused by supervisors as a basis to encourage…