Office of the Comptroller of the Currency Issues Final Rule to Enhance Business Flexibility for Federal Savings Associations

The Office of the Comptroller of the Currency (OCC) has issued a final rule that provides more business flexibility to federal savings associations. The final rule implements section 206 of the Economic Growth, Regulatory Relief, and Consumer Protectio…

The Office of the Comptroller of the Currency (OCC) has issued a final rule that provides more business flexibility to federal savings associations. The final rule implements section 206 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. The Act requires the OCC to issue regulations to allow federal savings associations with total consolidated assets of $20 billion or less as of December 31, 2017, to elect to operate with national bank powers.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-54.html

Office of the Comptroller of the Currency Issues Final Rule to Enhance Business Flexibility for Federal Savings Associations

The Office of the Comptroller of the Currency (OCC) has issued a final rule that provides more business flexibility to federal savings associations. The final rule implements section 206 of the Economic Growth, Regulatory Relief, and Consumer Protectio…

The Office of the Comptroller of the Currency (OCC) has issued a final rule that provides more business flexibility to federal savings associations. The final rule implements section 206 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. The Act requires the OCC to issue regulations to allow federal savings associations with total consolidated assets of $20 billion or less as of December 31, 2017, to elect to operate with national bank powers.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-54.html?utm_source=RSS_feed&utm_medium=RSS

“Operation Choke Point” Lawsuit Dismissed

The Office of the Comptroller of the Currency (OCC) today released a statement regarding the dismissal of the long-running lawsuit alleging regulatory pressure to close payday lender bank accounts.

The Office of the Comptroller of the Currency (OCC) today released a statement regarding the dismissal of the long-running lawsuit alleging regulatory pressure to close payday lender bank accounts.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-53.html

“Operation Choke Point” Lawsuit Dismissed

The Office of the Comptroller of the Currency (OCC) today released a statement regarding the dismissal of the long-running lawsuit alleging regulatory pressure to close payday lender bank accounts.

The Office of the Comptroller of the Currency (OCC) today released a statement regarding the dismissal of the long-running lawsuit alleging regulatory pressure to close payday lender bank accounts.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-53.html?utm_source=RSS_feed&utm_medium=RSS

OCC Hosts Minority Depository Institutions Advisory Committee Meeting in Dallas

The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Wednesday, June 12, 2019, beginning at 1:00 p.m., Central Daylight Time (CDT).

The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Wednesday, June 12, 2019, beginning at 1:00 p.m., Central Daylight Time (CDT).

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-52.html

OCC Hosts Minority Depository Institutions Advisory Committee Meeting in Dallas

The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Wednesday, June 12, 2019, beginning at 1:00 p.m., Central Daylight Time (CDT).

The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Wednesday, June 12, 2019, beginning at 1:00 p.m., Central Daylight Time (CDT).

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-52.html?utm_source=RSS_feed&utm_medium=RSS

OCC Appoints Four New Members to Mutual Savings Association Advisory Committee

The Office of the Comptroller of the Currency (OCC) today appointed four new members to its Mutual Savings Association Advisory Committee (MSAAC).

The Office of the Comptroller of the Currency (OCC) today appointed four new members to its Mutual Savings Association Advisory Committee (MSAAC).

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-51.html

OCC Appoints Four New Members to Mutual Savings Association Advisory Committee

The Office of the Comptroller of the Currency (OCC) today appointed four new members to its Mutual Savings Association Advisory Committee (MSAAC).

The Office of the Comptroller of the Currency (OCC) today appointed four new members to its Mutual Savings Association Advisory Committee (MSAAC).

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-51.html?utm_source=RSS_feed&utm_medium=RSS

Senior Deputy Comptroller Discusses Bank Secrecy Act and Anti-Money Laundering Compliance

Senior Deputy Comptroller for Bank Supervision Policy Grovetta N. Gardineer today discussed efforts to protect the financial system from being misused for illegal purposes during a hearing before the U.S. Senate Committee on Banking, Housing, and Urban…

Senior Deputy Comptroller for Bank Supervision Policy Grovetta N. Gardineer today discussed efforts to protect the financial system from being misused for illegal purposes during a hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-50.html

Senior Deputy Comptroller Discusses Bank Secrecy Act and Anti-Money Laundering Compliance

Senior Deputy Comptroller for Bank Supervision Policy Grovetta N. Gardineer today discussed efforts to protect the financial system from being misused for illegal purposes during a hearing before the U.S. Senate Committee on Banking, Housing, and Urban…

Senior Deputy Comptroller for Bank Supervision Policy Grovetta N. Gardineer today discussed efforts to protect the financial system from being misused for illegal purposes during a hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-50.html?utm_source=RSS_feed&utm_medium=RSS