Bank Regulatory News
September 2003
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September
30, 2003 - 2003 Survey of Credit Underwriting Practices - The Office
of the Comptroller of the Currency conducted its ninth annual survey
of credit underwriting practices during the first quarter of 2003. www.occ.treas.gov/2003Underwriting/CreditUnderwriting2003.htm
September 30, 2003 - Electronic Banking, Audit, And Fedline Guidance
Released By Federal Financial Regulators - The Federal Financial
Institutions Examination Council today issued revised guidance for
examiners, financial institutions, and technology service providers
on electronic banking (e-banking), information technology audit, and
the FedLine electronic funds transfer application. The guidance is
contained in three booklets.
Press release: www.ffiec.gov/press/pr093003.htm
Press Release: www.ots.treas.gov/docs/77333.html
September 29, 2003 - NCUA's Post-Hearing Brief and an Errata Sheet
submitted to the Federal Labor Relations Authority. www.ncua.gov/ref/FLRA/Index.htm
September 29, 2003 - NCUA, IRS Partnership Creates Technical
Assistance Funding To Offset Costs of Volunteer Income Tax
Assistance Program www.ncua.gov/news/press_releases/2003/NR03-0926-2.htm
September 29, 2003 - OCC
Announces New Electronic Interpretations and Actions - September
2003 :www.occ.treas.gov/interp/sep03/intsep03.htm
September 29, 2003 - United States Of America Department Of The
Treasury Office Of The Comptroller Of The Currency Termination Of
The Agreement By And Between PNC Bank, National Association
Pittsburgh, Pennsylvania And The Office Of The Comptroller Of The
Currency www.occ.treas.gov/foia/PNCtermination.pdf
September 29, 2003 - OCC Releases CRA Evaluations For 42 National
Banks - The Office of the Comptroller of the Currency today released
a list of Community Reinvestment Act performance evaluations that
became public during the period of August 15, 2003 through September
14, 2003. www.occ.treas.gov/newsrelease.asp?Doc=G3HLIUOC.xml
September 29, 2003 - FDIC Launches New, Improved Web Site - The FDIC
today unveiled a new look for its Web site - www.fdic.gov
- with the primary goal of making it faster and easier for bankers,
financial analysts, consumers and others to use the agency's online
services. www.fdic.gov/news/news/press/2003/pr9203.html
__________________
September 26, 2003 - Remarks by Chairman Alan Greenspan At
the 33rd Annual Legislative Conference of the Congressional Black
Caucus, Washington, D.C.
September 26, 2003 www.federalreserve.gov/boarddocs/speeches/2003/20030926/default.htm
September 25, 2003 - The Federal Reserve Board on Thursday
announced the execution of a Written Agreement by and among United
National Corporation, Sioux Falls, South Dakota; First PREMIER Bank,
Sioux Falls, South Dakota; PREIMER Bankcard, Inc., Sioux Falls,
South Dakota; and the Federal Reserve Bank of Minneapolis. www.federalreserve.gov/boarddocs/press/Enforcement/2003/20030925/default.htm
September 25, 2003 - Today's
Credit Markets, Relationship Banking, and Tying - employed
in the financial services industry, and on the issue of possible
“tying” by banks. Most commercial banks have practices in place
to evaluate the profitability of large corporate customers on the
basis of their business relationship. www.occ.treas.gov/law/tyingwhitepaper.pdf
September 25, 2003 - OCC Directory Showcases Banks' Community
Development Investments - The Office of the Comptroller of the
Currency today published its annual directory of community
development investments made during 2002.
Press Release: www.occ.treas.gov/newsrelease.asp?Doc=ZI16N4Q7.xml
Attachment: www.occ.treas.gov/cdd/2002Part24Dir.pdf
September 25, 2003 - San
Francisco Fed President to Retire Next Year - www.frbsf.org/news/releases/2003/0925.html
September 25, 2003 - Incentives To Encourage Private Behavior in the
Public Interest Are Key in Designing New Pension System, St. Louis
Fed's Poole Tells Russian Audience www.stlouisfed.org/news/releases/2003/09_25_03.html
September 25, 2003 - Minutes of Board discount rate meetings, July 7
through August 11, 2003 www.federalreserve.gov/boarddocs/press/monetary/2003/20030925/default.htm
September 24, 2003 - NCUA
Board Actions Taken September 24, 2003 www.ncua.gov/news/board_reports/board_reports.html
September 24, 2003 - NCUA - Statement
of Board Member Matz on Final Member Business Lending Rule www.ncua.gov/news/speeches/2003/Matz03-0924.htm
September 24, 2003 - NCUA - Statement
of Vice Chair Johnson on Final Member Business Lending Rule www.ncua.gov/news/speeches/2003/Johnson03-0924.htm
September 24, 2003 - Statement of
Board Member Matz on Bethpage FCU Community Charter - www.ncua.gov/news/speeches/2003/Matz03-0924-2.htm
September 24, 2003 - Productivity
and Monetary Policy - Remarks by Governor Donald L. Kohn At
the Federal Reserve Bank of Philadelphia Monetary Seminar,
Philadelphia, Pennsylvania September 24, 2003 www.federalreserve.gov/boarddocs/speeches/2003/20030924/default.htm
September 24, 2003 - NCUA - Revisions
to Member Business Lending Regulation Adopted - In its open
monthly meeting, the National Credit Union Administration Board
voted unanimously to issue revisions to the agency's member business
lending rule for federally insured credit unions. www.ncua.gov/news/press_releases/2003/NR03-0924.htm
September 23, 2003 - Steps
to Help Rebuild Areas Affected by Hurricane Isabel - The Federal Deposit
Insurance Corporation (FDIC) has announced a series of steps
intended to facilitate the rebuilding process in areas damaged by
the recent hurricane. www.fdic.gov/news/news/financial/2003/fil0372.html
September 23, 2003 - Reports of Condition and Income (Call
Report) for Third Quarter 2003
Press release: http://www.ffiec.gov/pdf/ffiec_forms/FFIEC031_041_FIL73_0903.pdf
Attachment: www.ffiec.gov/PDF/FFIEC_forms/FFIEC019_200309_f_i.pdf
September 23, 2003 - OCC Encourages National Banks to Work
with Customers Affected by Hurricane Isabel - The Office of the
Comptroller of the Currency has outlined measures to assist national
banks and their customers affected by Hurricane Isabel. www.occ.treas.gov/newsrelease.asp?Doc=1EJ8SJJB.xml
September 22, 2003 - Seizing High-Skill Services In Rural
America - Rural America is becoming more service oriented with
advances in technology and increasing recreational demand. Coupled
with a shrinking manufacturing base, service-producing industries
are emerging as the cornerstone of many rural communities.
www.kc.frb.org/pubaffrs/pressrel/pr03-22.htm
September 22, 2003 - The Outlook For U.S. Agricultural Exports - .S.
agricultural exports have been sluggish since the Asian financial
crisis in 1996, but recent signs point to some improvements. Trade
with our NAFTA partners - Canada and Mexico - has grown rapidly over
the last few years. www.kc.frb.org/pubaffrs/pressrel/pr03-23.htm
September 22, 2003 - Comptroller Hawke Addresses ABA Convention -
Comptroller of the Currency John D. Hawke, Jr., addressed the annual
convention of the American Bankers Association in Waikoloa, Hawaii
today.
Press Release www.occ.treas.gov/newsrelease.asp?Doc=XRDKQZ5F.xml
Attachment: www.occ.treas.gov/ftp/release/2003-75a.pdf
September 22, 2003 - NCUA Activates
Disaster Assistance for Isabel Hurricane Victims - The National Credit Union Administration has
activated its disaster relief policy to assist credit unions and
members in areas where offices and homes were damaged and destroyed
by wind, rain and flooding caused by Hurricane Isabel. www.ncua.gov/news/press_releases/2003/NR03-0922-2.htm
September 22, 2003 - At the America's Community Bankers - Remarks
by Governor Mark W. Olson2003 National Compliance and
Attorney's Conference and Marketplace, San Antonio, Texas September
22, 2003 www.federalreserve.gov/boarddocs/speeches/2003/20030922/default.htm
September 22, 2003 - Matz
Releases Study of Community Charters - NCUA
Board Member's Speech to NAFCU Addresses Likely Questions from
Congress www.ncua.gov/news/press_releases/2003/NR03-0922.htm
September 21, 2003 - Chairman Donald E. Powell Federal Deposit
Insurance Corporation Remarks Prepared for Delivery to the American
Bankers Association Waikoloa, Hawaii, September 21, 2003 www.fdic.gov/news/news/press/2003/pr9103.html
_______________
September 18, 2003 - Thrifts in States Affected by Hurricane Isabel
are Encouraged by OTS to Assist Customers in Need - The Office of
Thrift Supervision today announced steps thrifts could take to
assist their customers in the areas affected by Hurricane Isabel. www.ots.treas.gov/docs/77332.html
September 18, 2003 - Minutes
of the Federal Open Market Committee August
12, 2003 - A meeting of the Federal Open Market Committee was
held in the offices of the Board of Governors of the Federal Reserve
System in Washington, D.C., on Tuesday, August 12, 2003, at 9:00
a.m. www.federalreserve.gov/FOMC/minutes/20030812.htm
September 18, 2003 - NCUA Board Meeting Rescheduled to September 24
- The NCUA Board has rescheduled today’s Board meeting to 10
a.m. Wednesday, September 24 to avoid exposing visitors and staff to
the severe weather conditions of Hurricane Isabel. The hurricane has
hit the Washington metropolitan area and the federal government is
closed today. www.ncua.gov/news/press_releases/2003/NR03-0918.htm
September 17, 2003 - NCUA - Opinion
Letter 03-0908 - Payroll Cards www.ncua.gov/ref/opinion_letters/2003_letters/03-0908.htm
September 17, 2003 - NCUA - Opinion
Letter 03-0817 - Membership Eligibility of Charitable Remainder
Unitrust -
www.ncua.gov/ref/opinion_letters/2003_letters/03-0817.htm
September 17, 2003 - OCC Announces Six New Enforcement Actions and
Four Terminations - The Office of the Comptroller of the Currency
(OCC) today announced six new enforcement actions taken against
national banks and individuals currently and formerly affiliated
with national banks and four terminations of existing enforcement
actions. www.occ.treas.gov/newsrelease.asp?Doc=YQSDU0Q0.xml
September 17, 2003 - OCC Allows National Bank Offices Affected by
Hurricane Isabel to Close - The Office of the Comptroller of the
Currency today issued a proclamation allowing national bank offices
affected by Hurricane Isabel to close at their discretion.
Press Release: www.occ.treas.gov/newsrelease.asp?Doc=3LCA8C9G.xml
Attachment: www.occ.treas.gov/ftp/release/2003-74a.pdf
September 17, 2003 - Revisiting the Border: An Assessment of the Law
of One Price Using Very Disaggregated Consumer Price Data - We
reexamine the evidence for border effects in deviations from the law
of one price, using data for consumer prices from Canadian and U.S.
cities. The study parallels Engel and Rogers (1996), except that
this study uses actual price data rather than price index data. We
find evidence of border effects both in the levels of prices and the
percentage change in prices. www.federalreserve.gov/pubs/ifdp/2003/777/ifdp777.pdf
September 16, 2003 - The Federal Open Market Committee decided today
to keep its target for the federal funds rate at 1 percent. www.federalreserve.gov/boarddocs/press/monetary/2003/20030916/default.htm
September 15, 2003 - Capital Standards for Banks: The Evolving Basel
Accord
The Basel Capital Accord has served as the framework for capital
adequacy standards for internationally active banks since 1988. www.federalreserve.gov/Pubs/Bulletin/2003/0903lead.pdf
September 15, 2003 - The Federal Reserve Board on Monday announced
its approval of the application under section 3 of the Bank Holding
Company Act by Cathay Bancorp, Inc. to merge with GBC Bancorp, and
thereby indirectly acquire its subsidiary bank, General Bank, all in
Los Angeles, California. www.federalreserve.gov/boarddocs/press/orders/2003/20030915/default.htm
September 15, 2003 - Industrial
Production And Capacity Utilization - Industrial production
rose 0.1 percent in August after having risen 0.7 percent in July.
Manufacturing output edged down 0.1 percent in August after three
consecutive months of gains. The production at utilities moved up
1.9 percent, and mining output increased 0.2 percent. www.federalreserve.gov/Releases/G17/Current/default.htm
September 15, 2003 - The Federal Reserve Board on Monday announced
the termination of the enforcement actions listed below. The Federal
Reserve's enforcement action web site,
http://www.federalreserve.gov/boarddocs/enforcement, reports the
terminations as they occur www.federalreserve.gov/boarddocs/press/Enforcement/2003/20030915/default.htm
____________
September 12, 2003 - OCC Reports Derivatives Volume Surpasses $65
Trillion - Derivatives held by U. S. commercial banks increased $4.4
trillion in the second quarter, to $65.8 trillion, the Office of the
Comptroller of the Currency reported today in its quarterly Bank
Derivatives Report.
Press Release: www.occ.treas.gov/newsrelease.asp?Doc=V1V4KK3P.xml
Attachment: www.occ.treas.gov/ftp/deriv/dq203.pdf
September 12, 2003 - Agencies Issue Rulemakings to Amend Risk-Based
Capital Treatment of Exposures to Asset-Backed Commercial Paper
Programs and Securitizations with Early Amortization Provisions -
The federal bank and thrift regulatory agencies today requested
public comment on an interim final rule and a notice of proposed
rulemaking to amend their risk-based capital standards for the
treatment of assets in asset-backed commercial paper programs
consolidated under the recently issued Financial Accounting
Standards Board Interpretation No. 46, Consolidation of Variable
Interest Entities (FIN 46). Press Release www.federalreserve.gov/boarddocs/press/bcreg/2003/20030912/default.htm
Press Release: www.ots.treas.gov/docs/77331.html
Press Release: www.fdic.gov/news/news/press/2003/pr9003.html
Press Release: www.occ.treas.gov/jointnewsrelease.asp?Doc=MK0C2QEY.xml
Attachment: www.occ.treas.gov/ftp/release/2003-72a.pdf
Attachment: www.occ.treas.gov/ftp/release/2003-72b.pdf
September 12, 2003 - Letter
to Credit Unions 03-CU-13 - Credit Union Financial Trends for the
First Half of 2003 http://www.ncua.gov/ref/letters/2003/03-CU-13.doc
September 11, 2003 - The Federal Reserve Board on Thursday announced
the issuance of a Cease and Desist Order against Craig Van Stone, a
former senior vice president, chief financial officer, and cashier
of the Premier Bank, Denver, Colorado, addressing Mr. Van Stone's
compliance with the Bank Secrecy Act. www.federalreserve.gov/boarddocs/press/Enforcement/2003/20030911/default.htm
September 11, 2003 - NCUA - Opinion
Letter - 03-0430 - Construction and Development Member Business
Loans www.ncua.gov/ref/opinion_letters/2003_letters/03-0430.pdf
September 11, 2003 - NCUA - National
Credit Union Administration Issues Prohibition Orders - The
National Credit Union Administration has issued Orders of
Prohibition against the following individuals:
www.ncua.gov/news/press_releases/2003/NR03-0910.htm
September 10, 2003 - Legal
Interpretations - Grants of exemptions from the quantitative limits
of section 23A of the Federal Reserve Act, 12 U.S.C. 371c
(August 14, 2003); www.federalreserve.gov/BoardDocs/LegalInt/FederalReserveAct/2003/20030814/default.htm
(February 27, 2003);
www.federalreserve.gov/BoardDocs/LegalInt/FederalReserveAct/2003/20030227/default.htm
(June 19, 2002);
www.federalreserve.gov/BoardDocs/LegalInt/FederalReserveAct/2002/20020619/default.htm
(March 1, 2002);
www.federalreserve.gov/BoardDocs/LegalInt/FederalReserveAct/2002/20020301/default.htm
and
(February 14, 2002) www.federalreserve.gov/BoardDocs/LegalInt/FederalReserveAct/2002/20020214/default.htm
September 10, 2003 - The Federal Reserve Board on Wednesday
announced the appointment of Winthrop P. Hambley as Assistant to the
Board and head of the Congressional Liaison Office. Mr. Hambley,
currently Deputy Congressional Liaison, succeeds Donald J. Winn, who
died August 14, 2003, after an extended illness. www.federalreserve.gov/boarddocs/press/other/2003/20030910/default.htm
September 10, 2003 - Bank
Regulators' Data Show Stabilization in Credit Quality - The quality of large syndicated bank loans
stabilized this year, according to the Shared National Credit review
released today by federal bank regulators. However, regulators noted
that adversely rated loans remain at an elevated level, and will
require continued vigilance.
Press Release: www.federalreserve.gov/boarddocs/press/bcreg/2003/20030910/default.htm
Press Release: www.fdic.gov/news/news/press/2003/pr8903.html
Press Release: www.occ.treas.gov/ftp/release/2003-70.htm
Press Release: www.ots.treas.gov/docs/77330.pdf
September 9, 2003 - Statement by Chairman Greenspan on nomination of
Vice Chairman Ferguson to a second term and Governor Bernanke to a
full term www.federalreserve.gov/boarddocs/press/other/2003/200309094/default.htm
September 9, 2003 - NCUA - Matz Addresses Risk in All Types of
Credit Unions - To confront risks facing all types of credit unions,
cooperation is needed between federal and state regulators, National
Credit Union Administration Board Member Debbie Matz told the
National Association of State Credit Union Supervisors Annual
Conference. www.ncua.gov/news/press_releases/2003/NR03-0909.htm
September 9, 2003 - Public Welfare Investments - The attached final
rule, which amends 12 CFR 24, the Comptroller of the Currency’s
rules governing public welfare investments by national banks, was
published in the Federal Register on August 15, 2003.
Press release: www.occ.treas.gov/ftp/bulletin/2003-39.txt
Attachment: http://www.occ.treas.gov/fr/fedregister/68fr48771.pdf
September 9, 2003 - Comptroller of the Currency John D. Hawke, Jr.
Addresses Women in Housing and Finance - Comptroller of the Currency
John D. Hawke, Jr. discussed federal preemption and the dual banking
system in a speech today to a professional organization, Women in
Housing and Finance.
www.occ.treas.gov/newsrelease.asp?Doc=8WRZEMO4.xml
September 9, 2003 - Appointments At The Federal Reserve Bank Of
Kansas City - Kansas City banker and an Oklahoma City business
leader have recently been appointed to positions with the Federal
Reserve. www.kc.frb.org/pubaffrs/pressrel/pr03-21.htm
September 9, 2003 - Banks Face New Challenges As U.S. Economy Heads
Toward Recovery - The Federal Deposit Insurance Corporation
announced that its insured institutions have continued to post
strong financial results during the current 21-month expansion. www.fdic.gov/news/news/press/2003/pr8803.html
September 9, 2003 - Department Of The Treasury And Federal Reserve
System Announce Date Of Issue For Series-2004 $20 Note - Safer, Smarter, More Secure $20 Note to Begin Circulating October 9
Businesses Prepare Employees and Vending Machines for "The New
Color of Money" www.federalreserve.gov/boarddocs/press/other/2003/20030909/default.htm
September 8, 2003 - Consumer credit grew at an annual rate of 4
percent in July, down from a 5 percent rate in the second quarter.
Revolving credit posted a slight gain in July, while
nonrevolving credit increased moderately. Starting with the October 7 release, reported consumer credit
will include student loans held by the federal government and Sallie
Mae, with historical data revised back to 1977.
www.federalreserve.gov/Releases/G19/Current/default.htm
September 8, 2003 - Application Filing Information Web Page - Board
staff has developed an online resource for banking organizations and
others interested in how to submit banking applications to the
Federal Reserve. www.federalreserve.gov/boarddocs/srletters/2003/sr0316.htm
September 8, 2003 - An online guide for U.S. and foreign banking
organizations submitting applications to the Federal Reserve has
been added to the Board of Governors' public web site. www.federalreserve.gov/boarddocs/press/orders/2003/20030908/default.htm
September 8, 2003 - NCUA - Remarks
of Chairman Dollar of the NASCUS Confernce in Vail Colorado
September 7, 2003 www.ncua.gov/news/speeches/2003/Dollar03-0908.pdf
September 8, 2003 - FDIC Issues September List Of Banks Examined For
CRA Compliance - The Federal Deposit Insurance Corporation today
issued its monthly list of state nonmember banks recently evaluated
for compliance with the Community Reinvestment Act. The list covers
evaluation ratings that the FDIC assigned to institutions in June
2003. www.fdic.gov/news/news/press/2003/pr8703.html
September 8, 2003 - Financial
Holding Companies - Under the Bank Holding Company Act, bank
holding companies may elect to be financial holding companies.
Following is a list of those companies whose elections to become or
be treated as financial holding companies are effective. www.federalreserve.gov/generalinfo/fhc/default.htm
September 7, 2003 - NCUA
Chairman Encourages Effective Risk Management Strategies For Credit
Union First Mortgage Lending As Rates Begin Upward Movement -
NCUA Chairman Calls On Credit Unions To Exercise Due Diligence In
Managing Risk exposure In Mortgage Portfolios As Rate Environment
Changes, Urges State Regulators To Join NCUA In Monitoring Risks.
www.ncua.gov/news/press_releases/2003/NR03-0908.htm
September 5, 2003 - Proposals
for Comment - The following proposals were recently made
available for public comment. Comments may be submitted to the
Federal Reserve via the web using the links below. Comments may also
be submitted in writing or via electronic mail. www.federalreserve.gov/generalinfo/foia/proposedregs.cfm
September 4, 2003 - St. Louis Fed's Poole
on Bond Market: Focus on Long-Run Fundamentals Is Best in Explaining
Interest Rate Changes www.stlouisfed.org/news/releases/2003/09_04_03.html
September 4, 2003 - The 2001 Recession: Why Was It Different? -
Forecasters were caught off guard when the economy headed into a
recession during 2001, but this downturn was marked by some unusual
features that were not necessarily related to the events of
September 11, according to an economist at the Federal Reserve Bank
of St. Louis. www.stlouisfed.org/news/releases/2003/09_04_03a.htm
_________________
September 5, 2003 - The June 30, 2003 Uniform Bank Performance
Report (UBPR) is now available online. The online version of the
UBPR includes 5 years of continuous financial history that is
restated quarterly to reflect call report amendments and new
analytical tools. www.ffiec.gov/press/pr090503.htm
September 4, 2003 - Charge-Off
and Delinquency Rates on Loans at Commercial Banks - These
data are compiled from the quarterly FFIEC Consolidated Reports of
Condition and Income. Data for each calendar quarter become
available approximately sixty days after the end of the quarter.
www.federalreserve.gov/releases/chargeoff/
September 4, 2003 - The
Economic Outlook - Remarks
by Governor Ben S. Bernanke Before the Bloomberg Panel for
the Outlook on the U.S. Economy, New York, New York September 4,
2003 www.federalreserve.gov/boarddocs/speeches/2003/200309042/default.htm
September 4, 2003 - Economic and
financial education - Remarks
by Governor Edward M. Gramlich At the Georgia Summit on
Economic and Financial Education, Federal Reserve Bank of Atlanta,
Atlanta, Georgia September 4, 2003 www.federalreserve.gov/boarddocs/speeches/2003/20030904/default.htm
September 4, 2003 - FDIC-Insured Institutions Post Record
Second-Quarter Earnings - Commercial
banks and savings institutions insured by the Federal Deposit
Insurance Corporation (FDIC) earned a record $30.2 billion in the
second quarter of 2003, breaking the previous quarterly high of
$29.4 billion set in the first quarter of the year. www.fdic.gov/news/news/press/2003/pr8603.html
September 3, 2003 - The OCC
has published its strategic plan for the years 2003 through 2008. The plan sets forth the strategic
goals, program objectives, and strategies that will guide the agency
for the next five years. www.occ.treas.gov/spln2003.pdf
September 3, 2003 - Removal,
Suspension, and Debarment of Accountants from Performing Annual
Audit Services - The attached final rule, published in the Federal
Register on August 13, 2003, concerns the removal, suspension, and
debarment of accountants from performing annual audit and
attestation services. The final rule will become effective on
October 1.
Press Release: www.occ.treas.gov/ftp/bulletin/2003-38.txt
Attachment: www.occ.treas.gov/fr/fedregister/68fr48256.pdf
September 3, 2003 - 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/2003/pr8503.html
September 3, 2003 - Beige
Book - Informal review by the Federal Reserve Banks of current
economic conditions in their Districts www.federalreserve.gov/fomc/beigebook/2003/20030903/default.htm
September 2, 2003 - Banking
Information and Regulation - New web site "Application Filing
Information" to provide general guidance on administrative
procedures This web site contains general information about
the types of filings required by the Federal Reserve and how they
are processed. Banking organizations are generally required to
notify the Federal Reserve or seek its approval before acquiring
banks or companies or engaging in new activities www.federalreserve.gov/generalinfo/applications/afi/
September 2, 2003 - OTS Lists 116 CRA Exams Scheduled For Fourth
Quarter 2003 - The Office of Thrift Supervision announced today that
116 savings associations are scheduled for Community Reinvestment
Act examinations during the fourth quarter of 2003. www.ots.treas.gov/docs/77329.html
September 2, 2003 - OCC Issues Fourth Quarter 2003 CRA Examination
Schedule - The Office of the Comptroller of the Currency today
released its schedule of Community Reinvestment Act examinations to
be conducted in the fourth quarter of 2003.
Press Release: www.occ.treas.gov/newsrelease.asp?Doc=YJ5I5T8.xml
Attachment: www.occ.treas.gov/cra/craq403.pdf
September 2, 2003 - The Federal Reserve Board on Tuesday announced
the execution of a Written Agreement by and between the Ridgedale
State Bank, Minnetonka, Minnesota and the Federal Reserve Bank of
Minneapolis. www.federalreserve.gov/boarddocs/press/Enforcement/2003/20030902/default.htm
September 2, 2003 - The Federal Reserve Board on Tuesday announced
the execution of a Written Agreement by and among Gold Banc
Corporation, Leawood, Kansas; the Gold Bank, Leawood, Kansas; the
Office of the State Bank Commissioner; and the Federal Reserve Bank
of Kansas City. www.federalreserve.gov/boarddocs/press/Enforcement/2003/200309022/default.htm
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