💼Lending Limits Agency Information Collection Notice from OCC
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Lending Limits."
Learn More🏦Regulatory Notice on Bank Control and Acquisitions
The Federal Reserve System announced application procedures under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. Notificants must comply with specific standards during the application process, which are subject to public comment and disclosure. Interested parties can express their views regarding applications under review.
Learn More🏦FDIC Notice of Termination of Receiverships Summary
The Federal Deposit Insurance Corporation (FDIC) issues a notice regarding the termination of the receivership for New City Bank in Chicago, Illinois. The FDIC has fulfilled its obligations by liquidating assets and distributing dividends as required by law. The receivership will officially cease to exist following the stated termination date, with FDIC-Corporate authorized to act on the Receiver's behalf for necessary documentation.
Learn More🏦Implications of Changes in Bank Control Notices for Businesses
The Federal Reserve System announces changes related to the acquisition of shares in banks and bank holding companies under the Change in Bank Control Act. The notice invites public comment on applications, ensuring transparency and adherence to regulatory standards, while detailing the review process for potential mergers and acquisitions in the banking sector.
Learn More🏦Overview of Change in Bank Control Notices and Acquisitions
The Federal Reserve System has issued a notice regarding changes in bank control, detailing the application process for acquiring shares of banks or bank holding companies. Interested parties can contribute comments on these applications, which will be publicly disclosed, ensuring transparency in the acquisition process. The notice outlines the compliance requirements under the Change in Bank Control Act.
Learn More💳Proposed Extension of Interchange Fees Survey - Comment Request
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Interchange Transaction Fees Survey (FR 3064; OMB No. 7100-0344).
Learn More🏦Change in Bank Control Notices
The Federal Reserve is accepting applications for changes in bank control under the Change in Bank Control Act. Interested parties can publicly comment on applications for acquiring shares of banks and bank holding companies, emphasizing the importance of transparency and compliance in financial dealings within the banking sector.
Learn More📑Rescission of State Notification Rules and Business Implications
This direct final rule rescinds the Consumer Financial Protection Bureau's (Bureau's) procedures by which a State official must notify the Bureau when the official takes an action to enforce the Consumer Financial Protection Act.
Learn More🏦FDIC Sunshine Act Meeting
The Federal Deposit Insurance Corporation (FDIC) will hold a public meeting to discuss vital matters, including updates on the Deposit Insurance Fund Restoration Plan. The board's discussions may influence banking policies and regulatory frameworks affecting financial institutions and stakeholders. Participants can observe the meeting via webcast for further engagement.
Learn More🏦Federal Reserve Notice on Bank Control and Acquisition Requirements
The Federal Reserve System has issued a notice detailing applications under the Change in Bank Control Act for acquiring bank shares. Interested parties can submit comments on related regulations, with guidance on where and how to express their views. The notice outlines the processes for public disclosure and compliance in such acquisitions.
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