Bank Regulatory News
August 2001
August 31, 2001 – NCUA - Use of Consumer Credit Reports for Business
Loans - Staff from the Federal Trade Commission recently reconsidered a
prior interpretation of the Fair Credit Reporting Act concerning the use
of consumer credit reports in certain business loan situations.
www.ncua.gov/ref/reg_alerts/01-RA-09.pdf
August 31, 2001 – NCUA - Interim Final Rules Amending Regulations B, E,
M, Z, and DD - Electronic Delivery of Required Disclosures - As credit unions continue to expand their use of electronic
technology, they should carefully consider compliance issues governing
electronic commerce.
www.ncua.gov/ref/reg_alerts/01-RA-08.pdf
August 31, 2001 – NCUA - Risk-Based Examination Scheduling Policy - On
July 26, 2001, the National Credit Union Administration Board approved an
examination scheduling policy that allows the Agency more flexibility in
balancing numerous risk factors and priorities with available resources
without compromising the safety and soundness of credit unions.
www.ncua.gov/ref/letters/01-FCU-05.pdf
August 31, 2001 - NCUA - Electronic Data Security Overview - In response
to the Gramm-Leach-Bliley Act (GLBA), the National Credit Union
Administration recently issued a revision to the NCUA Rules &
Regulations Part 748, Security Program, Report of Crime and
Catastrophic Act and Bank Secrecy Act Compliance.
www.ncua.gov/ref/letters/01-CU-11.pdf
August 31, 2001 - NCUA - Authentication in an Electronic Banking
Environment - The purpose of this letter is to make you aware of guidance
recently released by the Federal Financial Institutions Examination
Council to financial institutions regarding authenticating users in an
electronic banking environment.
www.ncua.gov/ref/letters/01-CU-10.pdf
_______________
August 31, 2001 - FDIC ISSUES FOURTH QUARTER CRA EXAMINATION SCHEDULE
- The Federal Deposit Insurance Corporation has issued the
public list of institutions that it has scheduled for a Community
Reinvestment Act examination during the fourth quarter of 2001.
www.fdic.gov/news/news/press/2001/pr5901.html
August 30, 2001 - OCC Summary of Community Development Investments
Underscores the Impact of Local Partnership Efforts - The Office of the
Comptroller of the Currency today released a directory summarizing all
Part 24 national bank investments made during 2000.
www.occ.treas.gov/ftp/release/2001-73.txt
August 30, 2001 – NCUA - FOIA Appeal Decision 01-0774R -- exemptions 5,
6, 7(C), (D), & (E)
www.ncua.gov/ref/FOIA/FOIA-Decisions/01-0774R.htm
August 30, 2001 - FDIC MAKES PUBLIC JULY ENFORCEMENT ACTIONS; NO
ADMINISTRATIVE HEARINGS SCHEDULED -
The Federal Deposit Insurance
Corporation today released a list of orders of administrative enforcement
actions taken against banks and individuals in July. No administrative
hearings are scheduled for September.
www.fdic.gov/news/news/press/2001/pr5801.html
August 29, 2001 - DONALD E. POWELL SWORN IN AS 18TH FDIC CHAIRMAN -
Donald E. Powell was sworn in today as the 18th Chairman of the Federal
Deposit Insurance Corporation (FDIC).
www.fdic.gov/news/news/press/2001/pr5701.html
August 29, 2001 - Federal Financial Institutions Examination Council
CD-ROM on Financial Privacy and Information Security - The enclosed
CD-ROM, developed by the Federal Financial Institutions Examination
Council, contains reference and training materials on consumer financial
privacy.
www.fdic.gov/news/news/financial/2001/fil0173.html
August 29, 2001 – NCUA - Corporate
Credit Union 5310 Report - From
this page, you can view the 5310 for the corporate credit union and cycle
date of your choice.
www.ncua.gov/data/5310/5310rpt.html
August 28, 2001 - Aging Populations Will Challenge Economies,
Chicago Fed Study Says - The future growth of aging populations
will cause economic stress for both wealthy and poor nations, according to
Jack Hervey, senior economist at the Federal Reserve Bank of Chicago.
www.chicagofed.org/newsandevents/pressreleases/2001/pr08282001.cfm
August 28, 2001 - Entities That May Be Conducting Banking Operations in
Canada or the United States Without Authorization - The Office of the
Superintendent of Financial Institutions (OSFI) of Canada has published
the attached "Monthly Warning Advisory" (Issue No. 17), which
contains the names of entities recently brought to OSFI's attention
through an inquiry or complaint.
www.fdic.gov/news/news/financial/2001/fil0171.html
August 28, 2001 - FinCEN Publications - Attached is a copy of the June
2001 issue of SAR Bulletin, published by the Department of the
Treasury's Financial Crimes Enforcement Network.
www.fdic.gov/news/news/financial/2001/fil0172.html
August 28, 2001 - September 2001 FFIEC 031 Reporting Form & September
2001 FFIEC 041 Reporting Form
www.ffiec.gov/PDF/FFIEC_forms/FFIEC031_200109.pdf
www.ffiec.gov/PDF/FFIEC_forms/FFIEC041_200109.pdf
August 27, 2001 - NCUA Issues Order of Prohibition - The National Credit
Union Administration announced that it has issued an Order of Prohibition
against Jan Terry, former manager of Galveston Telco & Communications
Credit Union located in Texas City, Texas.
www.ncua.gov/news/press_releases/pr082701-1.html
August 27, 2001 - NCUA Issues
Order of Prohibition - The National Credit Union Administration announced
that it has issued an Order of Prohibition against Lynne Palmer, former
President/CEO of Pueblo City Employees Federal Credit Union located in
Pueblo, Colorado.
www.ncua.gov/news/press_releases/pr082701-2.html
August 27, 2001 - NEW FDIC WEB PAGE ALLOWS USERS TO SEARCH FOR UNCLAIMED
FUNDS FROM FAILED BANKS - The Federal Deposit Insurance Corporation
has launched a Web page that allows users to search a database of
unclaimed funds from failed financial institutions.
www.fdic.gov/news/news/press/2001/pr5601.html
August 27, 2001 - OTS Announces 46 CRA Exams Scheduled for 4th Quarter
2001 - The Office of Thrift Supervision (OTS) today announced that 46
savings associations are scheduled for Community Reinvestment Act (CRA)
examinations during the fourth quarter of 2001.
http://www.ots.treas.gov/docs/77156.html
August 27, 2001 - As Growth Trust Activities Increases, OTS Focuses on
Risk-Based Exams - The Office of Thrift Supervision has released its
updated Trust and Asset Management Handbook, designed to assist OTS
examiners in planning and conducting examinations of trust and asset
management products and services provided by savings associations.
www.ots.treas.gov/docs/77154.html
August 24, 2001 - Senior Loan Officer Opinion Survey on Bank Lending
Practices - The August 2001 Senior Loan Officer Opinion Survey on Bank
Lending Practices focused on changes in the supply of, and demand for,
bank loans to businesses and households over the past three months.
www.federalreserve.gov/boarddocs/SnLoanSurvey/200108/default.htm
August 24, 2001 - List of Foreign Margin Stocks - The Board publishes the List
of Foreign Margin Stocks semiannually. Each new list supersedes all
previously published lists of foreign margin stocks.
www.federalreserve.gov/boarddocs/foreignmargin/default.htm
August 24, 2001 - A WORKSHOP FOR NATIONAL COMMUNITY BANK DIRECTORS
UNDERSTANDING THE OCC'S RISK ASSESSMENT PROCESS
http://www.occ.treas.gov/workshop.htm
________________
August 24, 2001 - Surveys and Reports - Senior Loan Officer Opinion
Survey on Bank Lending Practices
www.federalreserve.gov/boarddocs/SnLoanSurvey/200108/default.htm
August 24, 2001 - FFIEC Guidance on Electronic Authentication - The
Federal Financial Institutions Examination Council (FFIEC) has issued the
attached guidance, "Authentication in an Electronic Banking
Environment."
www.fdic.gov/news/news/financial/2001/fil0169.html
August 24, 2001 - Examination Procedures to Evaluate Customer Information
Safeguards - Section 501(b) of the Gramm-Leach-Bliley Act (GLBA) required
the Federal Deposit Insurance Corporation (FDIC), the Board of Governors
of the Federal Reserve System, the Office of the Comptroller of the
Currency, and the Office of Thrift Supervision to establish financial
institution standards for protecting the security and confidentiality of
financial institution customers' non-public personal information. The
effective date of the Section 501(b) provisions was July 1, 2001
www.fdic.gov/news/news/financial/2001/fil0168.html
August 23, 2001 - 2001 NCUA Credit Union Directory http://www.ncua.gov/download/cudir.html
August 22, 2001 - Working Papers - International Finance Discussion Papers
2001-707 through 2001-708
www.federalreserve.gov/whatsnew.htm
August 23, 2001 - Federal Open Market Committee - Minutes of the June
26-27, 2001, FOMC meeting
http://www.federalreserve.gov/fomc/minutes/20010627.htm
August 22, 2001 - OTS Announces 14 July CRA Ratings - The Office of Thrift
Supervision (OTS) today announced savings associations' Community
Reinvestment Act (CRA) performance evaluation ratings that became
available in July 2001.
www.ots.treas.gov/docs/77155.htm
August 21, 2001 - Updated the UBPR order form.
www.ffiec.gov/PDF/UBPR/UBPR_Order_Form.pdf
August 21, 2001 - OCC Announces New Electronic Interpretations and Actions
- August 2001
www.occ.treas.gov/interp/aug01/intaug01.htm
August 21, 2001 - Transmittal letter dated 8/17/01 and interagency
responses to questions from the ABA and ABIA on the insurance consumer
protection rules.
www.occ.treas.gov/abaqaltr.doc
www.occ.treas.gov/abaqa8-13.doc
August 21, 2001 - Electronic Interpretations and Actions
www.occ.treas.gov/interp/monthly.htm
August 21, 2001 - The Federal Open Market Committee at its meeting today
decided to lower its target for the federal funds rate by 25 basis points
to 3-1/2 percent. In a related action, the Board of Governors approved a
25 basis point reduction in the discount rate to 3 percent
federalreserve.gov/boarddocs/press/general/2001/20010821/default.htm
August 21, 2001 - OCC Announces New Electronic Interpretations and Actions
- August 2001
www.occ.treas.gov/interp/aug01/intaug01.htm
August 20, 2001 - The Federal Reserve Board on Monday announced it has
contracted to purchase from Mack-Cali Realty Corporation of Cranford,
N.J., an eight-story, 173,390 square-foot* office building located at 1709
New York Avenue, N.W., Washington, D.C., for $67 million.
www.federalreserve.gov/boarddocs/press/BoardActs/2001/20010820/default.htm
August 20, 2001 -International Finance Discussion
Papers - 2001-704 through 2001-706
www.federalreserve.gov/pubs/ifdp/2001/default.htm
August 20, 2001 - The Board of Directors of the Federal Deposit
Insurance Corporation (FDIC) today announced that John D. Broderick has
been appointed president and chief executive officer of Superior Federal,
FSB, Hinsdale, Illinois (New Superior).
www.fdic.gov/news/news/press/2001/pr5501.html
August 20, 2001 - Community Reinvestment Act Description: Advance Notice
of Proposed Rulemaking Regulations - The attached Advance Notice of
Proposed Rulemaking was published in the Federal Register on July 19,
2001.
Press Release - www.occ.treas.gov/ftp/bulletin/2001-41.txt
Attachment - www.occ.treas.gov/ftp/bulletin/2001-41a.pdf
August 17, 2001 -The Federal Reserve Board today announced its approval of
the application of Canadian Imperial Bank of Commerce, Toronto, Canada, to
acquire shares of Juniper Financial Corp. and thereby acquire control of
Juniper Bank, both in Wilmington, Delaware.
www.federalreserve.gov/boarddocs/press/BHC/2001/20010817/default.htm
_______________
August 17, 2001 – NCUA - Preliminary June 2001 FOIA Data and CBS data
files are available
www.ncua.gov/data/foia/foia.html
August 16, 2001 - Reports – UBPR Corrections to the March
31, 2001 UBPR - Non
Current
Loans and Leases (page 8) There is a calculation error on the March
31, 2001 UBPR that effects the 8,184 banks that file the 041 call form.
www.ffiec.gov/UBPR_corrections_200103.htm
August 16, 2001 - Reports – UBPR -
Changes Effective with the June 30, 2001 UBPR
The following ratios were added or revised with the June 30, 2001
UBPR. Page
5
Assets Securitized or Sold with
Recourse Replaced Principal Balance of Mortgage Pools. Formula was
revised to include the following from June 30, 2001 forward from schedule
RC-S:
www.ffiec.gov/UBPR_changes_200106.htm
August 16, 2001 - NCUA Employment Vacancy Announcements –
updated
www.ncua.gov/news/vacancies/vacancies.html
August 15, 2001 -
RELEASES CRA EVALUATIONS FOR 20 NATIONAL BANKS - The Office of the
Comptroller of the Currency (OCC) today released a list of Community
Reinvestment Act (CRA) performance evaluations that became public during
the period of July 15 through August 14.
www.occ.treas.gov/ftp/release/2001-71.txt
August 15, 2001 - Community Reinvestment Act Description: Income Level,
Median Family Income - Attached are 1990 U.S. Census and 2001 Department
of Housing and Urban Development (HUD) estimated median family incomes for
metropolitan statistical areas (MSA) and non-MSA portions of each state.
Press Release: www.occ.treas.gov/ftp/bulletin/2001-40.txt
Attachment: www.occ.treas.gov/ftp/bulletin/2001-40a.pdf
August 15, 2001 – NCUA – Legal Opinion Re: Officials Conflict of
Interest
www.ncua.gov/ref/opinion_letters/01-0739.html
August 15, 2001 – NCUA – Legal Opinion Re: Permissible Credit
Union Service Organization (CUSO) Activities
www.ncua.gov/ref/opinion_letters/01-0746.html
August 15, 2001 - INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION -
Industrial production contracted 0.1 percent in July, its tenth
consecutive monthly decline. Production in the second quarter was revised
up but still fell at an annual rate of 4.2 percent.
www.federalreserve.gov/Releases/G17/Current/default.htm
August 15, 2001 - FFIEC Guidance on Authentication - The federal
banking agencies recently issued the attached guidance for examiners and
banking organizations. The guidance addresses authentication in an
electronic banking environment.
www.federalreserve.gov/boarddocs/SRLETTERS/2001/sr0120.htm
August 15, 2001 - Income Level, Median Family Income - Attached are 1990
U.S. Census and 2001 Department of Housing and Urban Development (HUD)
estimated median family incomes for metropolitan statistical areas (MSA)
and non-MSA portions of each state.
Press Release: www.occ.treas.gov/ftp/bulletin/2001-40.txt
Attachment: www.occ.treas.gov/ftp/bulletin/2001-40a.pdf
August 14, 2001 – NCUA - Assets, deposits and investments surge at
midyear 2001 - Expanding rapidly, federally insured credit union assets
grew 8.9 percent, while savings grew nearly 10 percent and the amount of
money placed in investments grew 11.4 percent in the first six months of
2001, according to midyear call report data.
www.ncua.gov/news/press_releases/pr081401.html
August 14, 2001 - Financial
Holding Companies - Under the Bank Holding Company Act, bank
holding companies may elect to be financial holding companies.
www.federalreserve.gov/generalinfo/fhc/default.htm
August 14, 2001 - Counterfeit Cashier's Checks - The Federal Deposit
Insurance Corporation (FDIC) has learned that counterfeit cashier's checks
drawn on Atlantic Bank, New York, New York, are in circulation.
www.fdic.gov/news/news/financial/2001/fil0167.html
August 14, 2001 - InfoBase on Financial Privacy - The
InfoBase provides a vehicle for the prompt delivery of educational,
reference, and introductory training material on specific topics of
interest to field examiners.
www.ffiec.gov/exam/infobase.htm
August 14, 2001 - Welcome to
the Examiner Education
Office of the Federal Financial Institutions Examination Council. As the
education office of the Council, we provide training for examiners from
the five financial institution regulatory agencies that comprise the
Council.
www.ffiec.gov/exam/education.htm
August 13, 2001 - Press Release Announcing
August 2001 Manufacturing Survey - Manufacturing activity in the
Kansas City Federal Reserve District weakened further in July. While
optimism about future production was lower than at any time in the
survey's history, more firms continued to expect increased activity in six
months than expected a decrease.
www.kc.frb.org/Mfgsurv/Aug01mfg.htm
August 13, 2001 - OCC ANNOUNCES 6 NEW ENFORCEMENT ACTIONS AND 1
TERMINATION - The Office of the Comptroller of the Currency (OCC) today
announced 6 new enforcement actions taken against national banks and
individuals currently and formerly affiliated with national banks and 1
termination of an existing enforcement action.
www.occ.treas.gov/ftp/release/2001-70.txt
August 13, 2001 - Fraud Prevention Regarding the Issuance of Tax Relief
Treasury Checks - Attached is a copy of an update to the Department of the
Treasury, U.S. Secret Service - Financial Crimes Division memorandum
alerting financial institutions and others who negotiate U.S. Treasury
checks to the possibility of fraud associated with the issuance of Tax
Relief Treasury checks.
Press Release: www.occ.treas.gov/ftp/alert/2001-7.txt
Attachment: www.occ.treas.gov/ftp/alert/2001-7a.pdf
August 13, 2001 - The Federal Reserve Board today announced its approval
of the application of First Union Corporation, Charlotte, North Carolina,
to merge with Wachovia Corporation, Winston-Salem, North Carolina.
www.federalreserve.gov/boarddocs/press/BHC/2001/20010813/default.htm
August 13, 2001 - The Federal Reserve Board on Monday announced the
approval of a final rule relating to financial subsidiaries of state
member banks.
www.federalreserve.gov/boarddocs/press/BoardActs/2001/20010813/default.htm
August 13, 2001 - Reports of Examination of Community Banking
Organizations -Developments in technology, the expansion of financial
services, and a risk-focused approach to examinations necessitate
increased flexibility in structuring and organizing the content of reports
of examination.
www.federalreserve.gov/boarddocs/srletters/2001/sr0119.htm
August 13, 2001 - The Federal Reserve Board today announced its approval
of the application of First Union Corporation, Charlotte, North Carolina,
to merge with Wachovia Corporation, Winston-Salem, North Carolina.
www.federalreserve.gov/boarddocs/press/bhc/2001/20010813/default.htm
August 13, 2001 - Lifting of
Mandatory Compliance Date for Interim Rules Amending Regulations B, E, M,
Z, and DD - On August 3, 2001, the Federal Reserve Board (FRB) announced
it had lifted the October 1, 2001, mandatory compliance date for interim
rules governing the electronic delivery of certain consumer disclosures.
www.fdic.gov/news/news/financial/2001/fil0166.html
August 10, 2001 - Reports of Examination of Community Banking
Organizations -Developments in technology, the expansion of financial
services, and a risk-focused approach to examinations necessitate
increased flexibility in structuring and organizing the content of reports
of examination.
www.federalreserve.gov/boarddocs/SRLETTERS/2001/sr0119.htm
__________
August 10, 2001 - Federal Open Market Committee - Transcripts of 1988
meetings
www.federalreserve.gov/fomc/transcripts/transcripts_1988.htm
August 9, 2001 - The Federal Reserve Board today announced its approval of
the application of Banco de Credito del Peru, Lima, Peru, to establish an
agency in Miami, Florida.
www.federalreserve.gov/boarddocs/press/BHC/2001/20010809/default.htm
August 9, 2001 - The Federal Reserve Board today announced its approval of
the application by First Western Bancorp, Inc., Huron, South Dakota, to
acquire at least 74.8 percent of the voting shares of American Bank
Shares, Inc., and thereby acquire American Bank Shares' subsidiary bank,
American State Bank, both of Rapid City, South Dakota.
www.federalreserve.gov/boarddocs/press/BHC/2001/200108092/default.htm
August 9, 2001 - The Federal Reserve Board announced today the approval of
the application of DePfa Bank AG, Wiesbaden, Germany, to establish a
representative office in New York, New York.
www.federalreserve.gov/boarddocs/press/BHC/2001/200108093/default.htm
August 8, 2001 - Reports from most Federal Reserve Districts point to slow
growth or lateral movement in economic activity in June and July. Retail
sales generally were sluggish and frequently below expectations, despite
substantial discounting on a wide range of consumer goods.
www.federalreserve.gov/fomc/beigebook/2001/20010808/default.htm
August 8, 2001 - FFIEC Releases Guidance on Authentication in Electronic
Banking - The Federal Financial Institutions Examination Council (FFIEC)
today released guidance on the risks and risk management controls
necessary to authenticate the identity of customers accessing electronic
financial services.
www.ffiec.gov/press/pr080801.htm
August 8, 2001 - Comptroller Highlights Opportunities for Banks in
ethnically-Diverse Financial Services Market - Comptroller of the currency
John D. Hawke, Jr. today underscored the opportunities for national banks
to meet the fast-growing needs of an ethnically-diverse financial services
market.
Press Release - www.occ.treas.gov/ftp/release/2001-69.txt
Attachment - www.occ.treas.gov/cdd/Summer2001.pdf
August 7, 2001 - The "Community Bank Supervision"
booklet, a revision of a 1998 booklet in the Comptroller's Handbook,
integrates the Canary early warning process into community bank
supervision and makes the assessment of a community bank's information
technology part of its safety and soundness examination.
www.occ.treas.gov/handbook/cbfinal.pdf
August 7, 2001 - The Federal Reserve Board on Tuesday announced that it
has published a Spanish version of its brochure for consumers, Cómo puede
un consumidor presentar una queja acerca de un banco (How to File a
Consumer Complaint About a Bank).
www.federalreserve.gov/boarddocs/press/General/2001/20010807/default.htm
August 7, 2001 - Financial Holding
Companies - Under the Bank Holding Company Act, bank holding
companies may elect to be financial holding companies.
www.federalreserve.gov/generalinfo/fhc/default.htm
August 7, 2001 - Finance and
Economics Discussion Series - 2001 FEDS papers
www.federalreserve.gov/pubs/feds/2001/index.html
August 7, 2001 - Suspicious Activity Report Database - Board staff
and the Reserve Banks have long recognized that, as part of the Federal
Reserve's on-going supervision of financial institutions, it is necessary
that there be a continuing, thorough and timely review of Suspicious
Activity Reports (SARs).
www.federalreserve.gov/boarddocs/srletters/2001/sr0118.htm
August 7, 2001 - The Federal Reserve Board today announced the settlement
of its administrative enforcement proceeding against Incus Co., Ltd. and
Carlos Hank Rhon of Mexico City, Mexico, Incus's registered owner.
www.federalreserve.gov/boarddocs/press/enforcement/2001/20010531/default.htm
August 7, 2001 – NCUA - FOIA Appeal Decision 01-0740 -- exemptions 6,
7(C), &7(D), & 7(E)
www.ncua.gov/ref/FOIA/FOIA-Decisions/01-0740R.htm
August 6, 2001 -FDIC issues august list of banks examined for CRA
compliance - The Federal
Deposit Insurance Corporation (FDIC) today issued its monthly list of
state nonmember banks recently evaluated for compliance with the Community
Reinvestment Act (CRA).
www.fdic.gov/news/news/press/2001/pr5401.html
August 6, 2001 – NCUA - Community Charter Approvals Under Irps 99-1 -
The community charter report identifies community conversions, expansions,
and new community charters approved under IRPS 99-1, as amended by IRPS
00-1 and IRPS 01-1.
www.ncua.gov/ref/comm_charter_rpt/2001-06report.htm
August 6, 2002 – NCUA - Corporate
Credit Union 5310 Report
www.ncua.gov/data/5310/5310rpt.html
August 6, 2001 – NCUA -Appropriations’ Legislation Affecting NCUA’s
Central Liquidity Facility and the Revolving Loan Fund
www.ncua.gov/news/legislation/LEGISLATION.html
August 6, 2001 - NCUA - Statement
Of Dennis Dollar, Acting Chairman National Credit Union Administration
Before The Subcommittee On VA, HUD, And Independent Agencies Of The
Committee On Appropriations U.S. Senate
www.ncua.gov/news/speeches/dollar062201.html
August 6, 2001 - Draft
Check Truncation Act - The Federal Reserve Board staff is
developing a draft law that would facilitate check truncation by removing
several existing legal impediments to the use of electronics in check
processing.
www.federalreserve.gov/PaymentSystems/truncation/draftinfo.htm
August 3, 2001 - The Federal Reserve Board on Friday announced the lifting
of the October 1, 2001 mandatory compliance date for interim rules
governing the electronic delivery of certain consumer disclosures
www.federalreserve.gov/boarddocs/press/boardacts/2001/20010803/default.htm
____________
August 3, 2001 - The Federal Reserve Board on Friday announced the
lifting of the October 1, 2001 mandatory compliance date for interim rules
governing the electronic delivery of certain consumer disclosures.
www.federalreserve.gov/boarddocs/press/BoardActs/2001/20010803/default.htm
August 2, 2001 - Testimony of Governor Laurence H. Meyer The
securities activities of banks Before the Subcommittee on Financial
Institutions and Consumer Credit and the Subcommittee on Capital Markets,
Insurance and Government Sponsored Enterprises of the Committee on
Financial Services, U.S. House of Representatives
www.federalreserve.gov/boarddocs/testimony/2001/20010802/default.htm
August 2, 2001 - Revised and New Interagency Questions and Answers
Regarding Community Reinvestment The Federal Financial Institutions
Examination Council published the attached "Interagency Questions and
Answers Regarding Community Reinvestment" in the Federal Register on
July 12, 2001.
www.fdic.gov/news/news/financial/2001/fil0164.html
August 2, 2001 - Advance Notice of Proposed Rulemaking Regarding the
Community Reinvestment Act - The four federal financial supervisory
agencies-the Federal Deposit Insurance Corporation, the Federal Reserve
Board, the Office of the Comptroller of the Currency, and the Office of
Thrift Supervision-published the attached joint "Advance Notice of
Proposed Rulemaking" regarding the Community Reinvestment Act
in the Federal Register on July 19, 2001.
www.fdic.gov/news/news/financial/2001/fil0165.html
August 2, 2001 - Statement of Ellen Broadman Director, Securities And
Corporate Practices Division Office Of The Comptroller Of The Currency
Before The Subcommittee On Capital Markets, Insurance And Government
Sponsored Enterprises And The Subcommittee On Financial Institutions And
Consumer Credit Committee On Financial Services
Press Release: www.occ.treas.gov/ftp/release/2001-68.txt
Attachment: www.occ.treas.gov/ftp/release/2001-68a.pdf
Attachment: www.occ.treas.gov/ftp/bulletin/2001-39.txt
Attachment: www.occ.treas.gov/ftp/bulletin/2001-39a.pdf
August 2, 2001 - OTS Issued Five Enforcement Orders In June - The
Office of Thrift Supervision today reported that it issued five
enforcement orders to three individuals and one institution during June.
www.ots.treas.gov/docs/77153.html
August, 1, 2001 - Statistical Release G.5 Foreign Exchange Rates
(Monthly)
www.federalreserve.gov/Releases/G5/Current/default.htm
August 1, 2001 - Reports to Congress Annual Report to the Congress on
Retail Fees and Services of Depository Institutions
www.federalreserve.gov/boarddocs/RptCongress/default.htm
August 1, 2001 - Financial Holding Companies As of July 27, 2001 -
Under the Bank Holding Company Act, bank holding companies may elect to be
financial holding companies.
www.federalreserve.gov/generalinfo/fhc/default.htm
August 1, 2001 - Community Development Corporation, Community
Development Project, and other Public Welfare Investments-12 CFR Part 24
Press Release - www.occ.treas.gov/ftp/bulletin/2001-38.txt
Attachment - www.occ.treas.gov/ftp/bulletin/2001-38a.pdf
Attachment - www.occ.treas.gov/ftp/bulletin/2001-38b.pdf
August 1, 2001 - OTS Approves AIG Acquisition of American
General Bank - The Office of Thrift Supervision today announced the
approval of the application from American International Group, Inc., New
York, N.Y., the savings and loan holding company of AIG Federal Savings
Bank, Wilmington, Del., to acquire control of American General Corporation
(American General), Houston, Texas, and American General Finance, Inc., a
wholly-owned subsidiary of American General and parent savings and loan
holding company of American General Bank, FSB (American General Bank),
Midvale, Utah, and to merge American General Bank into AIG Bank.
www.ots.treas.gov/docs/77152.html
August 1, 2001 - NCUA - NCUSIF Report for June 2001
www.ncua.gov/ref/ncusif/ncusif.pdf
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