Latest Compliance - Bankruptcy Topics

Between April, 1993 and the end of 1995, the OCC referred 20 fair lending cases to the Department of Justice.

As we enter 1996, we enter a new era for CRA. First, we passed through implementing the new law.

The good news is that they really are uniform, as written. In implementation, time will tell. However, keeping them uniform is partly the responsibility of banks.

The Federal Reserve has proposed revisions to Regulation DD, Truth in Savings.

Question: Are there any special rules or exemptions for "small banks" (those under $250 million in assets) when it comes to data reporting under HMDA and CRA?