Tag: Office of the Comptroller of the Currency
Santander clears final regulatory hurdle in Webster acquisition
PROVIDENCE – Banco Santander S.A. and Webster Financial Corp. announced Aug. 4 that they have received final regulatory approval from the Board of Governors...
Cybersecurity more than just a line item for small community banks...
For Rhode Island’s banks, cybersecurity is no longer just a back-office function or a line item on a spreadsheet – it’s core to the...
Citizens Bank approved to relocate Quaker Lane branch in Warwick
WARWICK – Citizens Bank’s request to relocate its Warwick branch at 300 Quaker Lane to 989 Centerville Road was approved by the Office of...
Capital One $35B purchase of Discover Financial gets regulatory approvals
NEW YORK (AP) – The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up...
Real estate industry ready for some rate cuts
While many real estate agents are dream sellers, Gina Lalli, senior loan officer at Shamrock Home Loans in Newport, often has to give buyers...
BofA to pay more than $100M for doubling fees, opening accounts...
Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening accounts without...
Three local branches named as part of Webster Bank 2021 closures
WATERBURY, Conn. – One Rhode Island branch and two in Bristol County, Mass., are among the 27 Webster Bank branches slated to close next...
Citizens receives top rating for Community Reinvestment Act performance
PROVIDENCE – Citizens Bank received an “outstanding” rating from the U.S. Department of the Treasury’s Office of the Comptroller of the Currency for its...
Feds to raise ceiling for home-sale appraisals
PROVIDENCE – For the first time in a quarter century, federal banking regulators are raising the minimal price for requiring appraisals on home sales.
Beginning...
Volcker rule trading revamp approved in win for Wall Street
WASHINGTON – Wall Street watchdogs handpicked by President Donald Trump eased the Volcker Rule’s controversial ban on banks making speculative investments, wrapping up a...
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