Banker Compliance News

Banking compliance professionals require hot-topic news on consumer and regulatory compliance updates, decisions, amendments, changes and launches from across a wide spectrum of news agencies and federal websites. Not only do we update our News pages with individual news items and their links, but these are sent to members in a Daily Bank Compliance email that can be signed up for once new members log-in. Compliance Alliance monitors these agencies for bank compliance news updates throughout the day—posting relevant information to our News page. This is a valuable resource for Bank Managers and their employees.

Whitelist to ensure that you receive your update email.

If you're still having difficulties receiving this Daily Email Campaign, please contact us at once through

  • NACHA and IFX Announce Intent to Combine

    February 28, 2018 / Source: NACHA

    Combination Will Accelerate and Strengthen Development of Standardized APIs To Support the Global Financial Services Industry HERNDON, Va., Feb. 28, 2018 – NACHA—The Electronic Payments Association® and the Interactive Financial eXchange (IFX) Forum today jointly announced their intention to pursue a strategic combination of their organizations to accelerate and strengthen the development of standardized Application Programming Interfaces (APIs) in support of the diverse global financial services industry.

  • OCC Issues Second and Third Quarter 2018 CRA Evaluation Schedule

    February 28, 2018 / Source: OCC

    WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second and third quarters of 2018.

  • FDIC-Insured Institutions Report Net Income of $25.5 Billion in Fourth Quarter 2017

    February 28, 2018 / Source: FDIC

    Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $25.5 billion in the fourth quarter of 2017, down $17.7 billion (40.9 percent) from a year ago. The decline in net income is primarily due to one-time income tax effects from the new tax law, including the revaluation of deferred tax assets and repatriation of income from foreign subsidiaries. Financial results for the fourth quarter of 2017 are included in the FDIC’s latest Quarterly Banking Profile released today.

  • OCC Publication Focuses on Single-Family Rehabilitation Financing Programs

    February 28, 2018 / Source: OCC

    WASHINGTON — The Office of the Comptroller of the Currency (OCC) published the latest edition of its Community Developments Investments newsletter titled “Expanding Housing Opportunities: Single-Family Rehabilitation Financing Programs.”

  • Semiannual Monetary Policy Report to the Congress

    February 27, 2018 / Source: Federal Reserve

    Chairman Jerome H. Powell Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C.

  • Brief Thoughts on the Financial Regulatory System and Cybersecurity

    February 27, 2018 / Source: Federal Reserve

    Vice Chairman for Supervision Randal K. Quarles At the Financial Services Roundtable 2018 Spring Conference, Washington, D.C.

  • An Assessment of the U.S. Economy

    February 27, 2018 / Source: Federal Reserve

    Vice Chairman for Supervision Randal K. Quarles At "Promoting Sustained Growth: Policy Tensions and Risks" 34th Annual NABE Economic Policy Conference, Washington, D.C.

  • FDIC Office of Inspector General Press Releases

    February 26, 2018 / Source: FDIC

    The following press releases, issued by the U.S. Department of Justice, were recently posted to the Federal Deposit Insurance Corporation’s (FDIC) Office of Inspector General (OIG) Web site: Such press releases reflect actions resulting from the OIG’s partnerships with U.S. Attorneys’ Offices throughout the country and other OIGs and law enforcement entities.

  • Black Knight’s First Look: Mortgage Delinquencies Decline Sharply in January…

    February 26, 2018 / Source: Nasdaq Global Newswire

    JACKSONVILLE, Fla., Feb. 23, 2018 (GLOBE NEWSWIRE) -- Black Knight, Inc. (NYSE:BKI) reports the following “first look” at January 2018 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

  • Palmprint-Authentication Planned for Wells Fargo ATMs

    February 26, 2018 / Source: Bank Innovation

    EXCLUSIVE – Wells Fargo wants to enable biometric authentication at its ATMs, Bank Innovation has learned.

  • Quarterly consumer credit trends: Public records

    February 23, 2018 / Source: CFPB

    This is part of a series of quarterly reports of consumer credit trends produced by the Consumer Financial Protection Bureau using a longitudinal, nationally-representative sample of approximately five million de-identified credit records maintained by one of the three nationwide credit reporting companies.

  • OCC Finalizes Technical Changes to Annual Stress Test Rule

    February 23, 2018 / Source: OCC

    WASHINGTON — The Office of the Comptroller of the Currency (OCC) today finalized a rulemaking amending the OCC’s Annual Stress Test Rule. The final rule makes several technical revisions to the stress testing regulation and becomes effective 30 days after publication in the Federal Register.

  • NACHA’s Emergency Financial Institution Contact Database: What You Need to Know

    February 22, 2018 / Source: NACHA

    Financial institutions (FIs) face increasingly sophisticated fraud schemes, such as data breaches, business email compromise, and other interrupters, e.g., distributed denial of service attacks (‘DDoS attacks’). Institutions respond by investing considerable resources in cyber protection technologies.

  • Federal Reserve Board announces approval of proposal by First Financial Bancorp and approval…

    February 22, 2018 / Source: Federal Reserve

    The Federal Reserve Board on Thursday announced its approval of the proposal under section 3 of the Bank Holding Company Act of 1956 by First Financial Bancorp, Cincinnati, Ohio, to merge with MainSource Financial Group ("MainSource"),

  • Treasury Releases Recommendations on Orderly Liquidation Authority

    February 22, 2018 / Source: Bank News

    The U.S. Department of the Treasury has released a report detailing its review and recommendations on the Orderly Liquidation Authority. The report responds to the presidential memorandum directing Treasury to provide recommendations to align OLA with the Core Principles for Financial Regulation and determine whether the Bankruptcy Code should be reformed to better enable resolution of financial companies.

  • 2018 Guide to HMDA Reporting in now available

    February 21, 2018 / Source: FFIEC

    The Guide is a valuable resource for assisting all institutions in their HMDA reporting. It includes a summary of responsibilities and requirements, directions for assembling the necessary tools, and instructions for reporting HMDA data.

  • CFPB Issues Request For Information On External Engagements

    February 21, 2018 / Source: CFPB

    WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) today issued a Request for Information (RFI) about the Bureau’s external engagements. The Bureau is seeking comments and information from interested parties on ways to engage the public and receive feedback on the work of the agency.

  • OCC Hosts Credit Risk and Operational Risk Workshops in Minneapolis

    February 21, 2018 / Source: OCC

    WASHINGTON — The Office of the Comptroller of the Currency will host two workshops at the Crowne Plaza Minneapolis Northstar Downtown, Minneapolis, Minn., March 27-28, for directors of national community banks and federal savings associations supervised by the OCC.

  • Normal C/A hours on Wednesday, February 21

    February 20, 2018

    Our office will have normal hours Wednesday, February 21, 2018 (7 AM - 6 PM CT).

  • In Cash Deserts, Under-Banked Depend on Independent ATMs

    February 20, 2018 / Source: Bank News

    February 20 — Testimony given by The National ATM Council (NAC) during a recent congressional hearing sited findings from Location Study of ATMs in the U.S. by Ownership, 2018. The study showed that the majority of ATMs in the U.S. are owned by non-bank, independent operators.

  • Weekly National Rates and Rate Caps

    February 20, 2018 / Source: FDIC

    On May 29, 2009, the FDIC Board of Directors approved a final rule making certain revisions to the interest rate restrictions applicable to less than well capitalized institutions under Part 337.6 of the FDIC Rules and Regulations.

  • What Do You Mean Claim Isn’t Covered Webinar is Now Available!

    February 16, 2018

    What Do You Mean Claim Isn't Covered Webinar

  • House approves changes to TRID rule, loan originator licensing rules

    February 16, 2018 / Source: Housingwire

    The House of Representatives last night approved a bill that could bring big changes to the mortgage industry, including making it easier for loan originators to move from a traditional bank to a nonbank.

  • OCC Enforcement Actions and Terminations for February 2018

    February 16, 2018 / Source: OCC

    WASHINGTON -- The Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations.

  • February Compliance Huddle is Now Available

    February 15, 2018

    February Compliance Huddle is now available