On Jan. 31, 2014, five federal agencies each adopted a common interim final rule (Interim Final Rule) that would permit banking entities to retain
The federal banking agencies have released a regulatory capital estimation tool to help community banks understand the potential effects of the
The federal bank regulatory agencies on November 19 released an estimation tool to help community banks understand the potential effects of the
On November 19, 2013, the Federal Deposit Insurance Corporation, Federal Reserve Board, and Office of the Comptroller of the Currency released an
As fall arrives and football returns, banking headlines seem removed from the daily challenges and operations of community banks.
This has been a fairly quiet week for Washington's regulation of financial services providers.
After Call Reports are filed and earnings are released in January, the attention of boards and management at many publicly-held community banks and bank holding companies turns to preparation of 10-K filings and Annual Reports to shareholders, with Proxy Statements next on the horizon.
On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act") which significantly amends Federal oversight of the financial industry.
Yesterday, the Financial Crisis Inquiry Commission (FCIC) held its first public hearing to discuss the causes of the financial markets crisis.
Last week, House Financial Services Committee Chairman Barney Frank (D-MA) and Rep. Walt Minnick (D-ID) co-authored a letter to the heads of the Federal Reserve, FDIC, OCC, OTS and NCUA calling on them to “apply a measured approach to examinations” of community banks and for “regulators to show some temperance in their regulation of traditional banks.”