Agencies Provide Temporary Relief to Community Banking Organizations

The federal bank regulatory agencies on Friday announced an interim final rule that provides temporary relief for certain community banking organizations related to certain regulations and reporting requirements as a result, in large part, of their gro…

The federal bank regulatory agencies on Friday announced an interim final rule that provides temporary relief for certain community banking organizations related to certain regulations and reporting requirements as a result, in large part, of their growth in size from the coronavirus response.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-157.html