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Nutter Bank Report: February 2021

USA - February 25 2021 The U.S. Department of Housing and Urban Development (HUD), the U.S. Department of Veterans Affairs (VA), and the U.S. Department of Agriculture…

Heather F. Merton, Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs.

Nutter Bank Report: January 2021

USA - January 28 2021 The Massachusetts Division of Banks has issued new guidance to mutual banks and mutual holding companies that have not yet held their 2020 annual…

Heather F. Merton, Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs.

Fintech in Brief: OCC Issues New Crypto-related Interpretive Letter

USA - January 6 2021 On January 4, 2021, the Office of the Comptroller of the Currency (OCC) issued the latest in a string of interpretative letters on permissible…

Armand J. Santaniello, Jeremy Halpern, Joshua E. French, Kate Henry, Kenneth F. Ehrlich, Matthew D. Hanaghan, Meghan E. Kelly, Michael K. Krebs, Seth P. Berman, William J. Bernat.

Special Edition Nutter Bank Report: COVID-19 Relief in the Consolidated Appropriations Act, 2021

USA - December 28 2020 A long-awaited bipartisan stimulus bill was signed into law by President Trump on December 27, 2020. Included in the law, known as the Consolidated…

Amanda Getchell, Joshua E. French, Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs.

Nutter Bank Report: December 2020

USA - December 22 2020 The FDIC has adopted a final rule that establishes new standards for determining whether deposits made through certain kinds of arrangements with…

Heather F. Merton, Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs.