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3 R.I. banks score highly in efforts to serve low-income...

PROVIDENCE – The federal Office of the Comptroller of the Currency announced performance evaluations of 32 national banks’ efforts to honor the terms of...
THE FEDERAL DEPOSIT Insurance Corp. and the Office of the Comptroller of the Currency recently issued a joint proposal that would reduce the standard settlement cycle for securities purchased or sold by national banks, federal savings associations and FDIC-backed institutions to two days from the current three-day cycle.

Federal agencies propose shortening settlement cycle for securities sales

WASHINGTON – Federal agencies last week proposed a new rule to shorten the settlement cycle for securities sales, which could save broker-dealers and financial...
THE OFFICE OF THE COMPTROLLER of the Currency will examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods as part of its regular fourth-quarter schedule of Community Reinvestment Act evaluations. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Federal regulators to examine Santander Bank’s practices under CRA

BOSTON – Federal regulators are scheduled to examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods, an area where...
FEDERAL AND STATE banking agencies, including the Federal Deposit Insurance Corp., have released supervisory practices related to financial institutions in impacted by Hurricane Harvey, which has reportedly devastated the Texas coast and flooded several inland areas.

Federal agencies provide guidance for financial institutions affected by Hurricane Harvey

WASHINGTON – Federal and state banking agencies released supervisory practices related to financial institutions impacted by Hurricane Harvey. The Office of the Comptroller of the...
THE OFFICE OF THE COMPTROLLER of the Currency recently reported its top concerns for the federal banking system, including strategic, credit, operational and compliance risks.

OCC details federal banking system concerns in Semiannual Risk Perspective

WASHINGTON – The Office of the Comptroller of the Currency last week reported its top concerns for the federal banking system, including strategic, credit,...
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