Federal Reserve releases findings from study of small business owners’ perspectives on online lenders and products

Federal Reserve releases findings from study of small business owners’ perspectives on online lenders and products

Federal Reserve releases findings from study of small business owners' perspectives on online lenders and products

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/other20180628a.htm

Federal Reserve Board issues enforcement actions with former employee of East Cambridge Savings Bank and former employee of SmartBank

Federal Reserve Board issues enforcement actions with former employee of East Cambridge Savings Bank and former employee of SmartBank

Federal Reserve Board issues enforcement actions with former employee of East Cambridge Savings Bank and former employee of SmartBank

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20180626a.htm

Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced the availability of the 2018 list of distressed or underserved nonmetropolitan middle-inc…

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced the availability of the 2018 list of distressed or underserved nonmetropolitan middle-income geographies, where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA)

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2018/nr-ia-2018-67.html

Agencies release list of Distressed or Underserved Nonmetropolitan Middle-income Geographies

Agencies release list of Distressed or Underserved Nonmetropolitan Middle-income Geographies

Agencies release list of Distressed or Underserved Nonmetropolitan Middle-income Geographies

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20180625a.htm

OCC Reports First Quarter 2018 Bank Trading Revenue

The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $8.2 billion in the first quarter 2018, which was $3.2 billion, 62.8 percent, higher than the previous quarter. In…

The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $8.2 billion in the first quarter 2018, which was $3.2 billion, 62.8 percent, higher than the previous quarter. In the report, Quarterly Report on Bank Trading and Derivatives Activities, the OCC also noted that trading revenue in the first quarter 2018 increased by 15 percent compared with the $7.1 billion reported in the first quarter 2017.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-66.html

OCC Reports Mortgage Performance Unchanged

Performance of first-lien mortgages remained unchanged during the first quarter of 2018 compared with a year earlier, according to the Office of the Comptroller of the Currency’s (OCC) quarterly report on mortgages.

Performance of first-lien mortgages remained unchanged during the first quarter of 2018 compared with a year earlier, according to the Office of the Comptroller of the Currency's (OCC) quarterly report on mortgages.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-65.html

Sydney Menefee Named Deputy Comptroller and Chief Accountant

The Office of the Comptroller of the Currency (OCC) today announced the selection of Sydney Menefee to be the agency’s next Deputy Comptroller and Chief Accountant.

The Office of the Comptroller of the Currency (OCC) today announced the selection of Sydney Menefee to be the agency's next Deputy Comptroller and Chief Accountant.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-64.html