CBA General Issues

Items about the Consumer Bankers Association and its initiatives, including CBA Advanced Education, CBA LIVE, CBA Team news and more.

  • October 20, 2017
    On Friday, October 20, 2017, the OCC issued a bulletin informing national banks, federal savings associations, and federal branches and agencies of foreign banks of the principles they should follow to prudently manage the risks associated with offering new, modified, or expanded products and services. New activities should be developed and implemented consistently with sound risk management...
  • October 19, 2017
    On Thursday, October 19, 2017, the FDIC issued a press release announcing several personnel changes. Chief Information Officer Howard Whyte has more than 20 years of information technology and security experience in the federal government, military, and private sector. Office of Complex Financial Institutions Director Ricardo Delfin has served as deputy director of the Resolution Policy Branch in...
  • October 13, 2017
    On Friday, October 13, 2017, the OCC issued a press release to announce Bob Phelps will be its next Deputy Comptroller for Supervision Risk Management, effective October 30, 2017. In this role, Mr. Phelps will serve as chair of the OCC’s National Risk Committee, which is charged with identifying primary and emerging areas of risk to the federal banking system and ensuring that the risks are...
  • October 13, 2017
    On Friday, October 13, 2017, the OCC released an updated list of permissible activities for national banks and federal savings associations. The publication entitled, "Activities Permissible for National Banks and Federal Savings Associations, Cumulative," updates the list of permissible activities to reflect applicable precedent for national banks, streamlines certain entries for readability,...
  • October 12, 2017
    Kiran Analytics recently conducted its third annual survey of retail banks to provide insights on branch transformation priorities, workforce strategies, and analytics solutions for workforce optimization. The research results and key takeaways are summarized in this white paper.
  • October 12, 2017
    On Thursday, October 12, 2017, the CFPB filed suit in federal court against the Federal Debt Assistance Association, LLC, and the Financial Document Assistance Administration, Inc., service providers from Baltimore, MD, for presenting themselves as affiliated in some way with the federal government. The CFPB also alleged the companies’ debt-validation programs violated the law by falsely...
  • October 12, 2017
    On Thursday, October 12, 2017, the Federal Reserve issued a press release regarding plans to continue its previously announced periodic testing of the Term Deposit Facility (TDF) with one operation in October. These operations are aimed at ensuring the operational readiness of the TDF and providing eligible institutions with an opportunity to maintain familiarity with term deposit procedures. The...
  • October 11, 2017
    On Wednesday, October 11, 2017, the OCC issued a press release that Amy Friend, Senior Deputy Comptroller and Chief Counsel, will retire from federal service and step down from her position on November 11, 2017. “Amy has made far-reaching contributions to the OCC and to the federal banking system,” said Acting Comptroller of the Currency Keith Noreika. “Her work at the agency and on Capitol Hill...
  • October 11, 2017
    On Wednesday, October 11, 2017, the Federal Reserve Board and the Federal Open Market Committee released the minutes of the Committee meeting held on September 19-20, 2017. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.
  • October 11, 2017
    October 11, 2017 The Honorable Jeb Hensarling The Honorable Maxine Waters Chairman Ranking Member House Financial Services Committee House Financial Services Committee 2129 Rayburn House Office Building 2129 Rayburn House Office Building Washington, D.C. 20515 Washington, D.C. 20515 Dear Chairman Hensarling and Ranking Member Waters: The Consumer Bankers Association (CBA) appreciates the...

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