News stories tagged OCC

BRIEFLY: NCUA charters 2nd credit union of year; OCC ‘retires’ position of COO; NASCUS present at international CU regulators conference

(July 9, 2021) Community First Fund Federal Credit Union, of Lancaster, Penn., was chartered this week by NCUA, the second credit union chartered so far this year by the federal...

BRIEFLY: Biden replaces FHFA director after high court ruling; FCU usury ceiling stays at 18%; TRANSITION: Murray retires at Vizo Financial Corporate; Congress votes to repeal ‘true lender’ rule

(June 25, 2021) The Supreme Court ruled this week that the director of the Federal Housing Finance Authority (FHFA) may be fired by the president, overturning the agency’s structure which...

BRIEFLY: In a first for states, OH achieves four-way accreditation; OCC to reconsider last year’s CRA rule; TRID FAQs updated for housing assistance, BUILD Act lending

(May 21, 2021) Congratulations to the Ohio Department of Commerce/Division of Financial Institutions to be the first state supervisory authority to become accredited under all four accreditation programs: credit union...

New acting comptroller vows review of ‘regulatory standards’

(May 14, 2021) The OCC has – once again – a new leader, who said this week he would soon conduct a review of “regulatory standards” at the agency. Michael...

BRIEFLY: Biden settles on Barr to lead bank regulator; OCC issues national charter for digital assets bank

(Jan. 22, 2021) President Biden has reportedly determined that Michael S. Barr – a former assistant Treasury secretary for financial institutions (a position that interfaces with credit unions and banks)...

BRIEFLY: New state charter in FL; NCUA Deputy CFO tapped; More turnover in comptroller’s office

(Jan. 15, 2021) Florida (and NASCUS) welcome a new state-chartered credit union this week: Radiant CU of Gainesville (formerly SunState FCU). The 64-year-old credit union holds $570 million in assets...

Nominees for Fed, OCC see action; NCUA candidate soon?

(Nov. 20, 2020) Two federal banking agencies saw action for their leadership futures this week, as a nominee for one barely failed to be confirmed to the position and another...