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Banks Are Here to Help

Banks are your partners, through good times and bad. With the partial government shutdown affecting thousands of government employees, many banks are proactively reaching out to customers and offering various forms of assistance. Here are examples:

CFPB Seeks Clear Authority to Supervise for MLA Compliance

The Consumer Financial Protection Bureau yesterday called on Congress to grant the bureau clear authority to supervise for Military Lending Act compliance.

Morris Morgan Named OCC’s Chief Operating Officer

The Office of the Comptroller of the Currency today announced Morris Morgan as its new Senior Deputy Comptroller and Chief Operating Officer.

FHFA Raises Threshold for FHLB Community Bank Membership Status

The Federal Housing Finance Agency is raising the asset threshold used to determine whether a Federal Home Loan Bank member is considered a “community financial institution.”