The Office of the Comptroller of the Currency (OCC) has reappointed Kelly Skalicky, CEO and President, Stearns Bank N.A., to serve on its Minority Depository Institutions Advisory Committee (MDIAC). The OCC officially announced its new and returning...
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April 12, 2023, 07:15 AM
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New York Community Bancorp, Inc. and Flagstar Bancorp, Inc. announced the receipt of approval from the Office of the Comptroller of the Currency (the OCC) to convert Flagstar Bank, FSB to a national bank to be known as Flagstar Bank, N.A., and to...
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October 31, 2022, 07:15 AM
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WSFS Financial Corporation, the parent company of WSFS Bank, announced it received approval from the Office of the Comptroller of the Currency (OCC) to merge with Bryn Mawr Bank Corporation. Subject to the remaining regulatory approvals and the...
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July 27, 2021, 07:16 AM
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Huntington Bancshares Incorporated and TCF Financial Corporation jointly announced that the Board of Governors of the Federal Reserve System (the Federal Reserve Board) and the Office of the Comptroller of the Currency, with input from the United...
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May 26, 2021, 07:20 AM
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The PNC Financial Services Group, Inc. today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of BBVA...
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May 17, 2021, 07:20 AM
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The Office of the Comptroller of the Currency (OCC) has selected Kelly Skalicky, CEO and President, Stearns Bank N.A., along with six additional new committee members, to serve on its Minority Depository Institutions Advisory Committee (MDIAC). The...
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March 24, 2021, 07:15 AM
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Eight ex-Wells Fargo & Co. executives are facing a record $59 million in fines and the bank’s former CEO received a ban from the industry as regulators took unprecedented steps in holding individuals to account for corporate scandals, Bloomberg...
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January 24, 2020, 07:30 AM
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The federal bank regulatory agencies approved a final rule modifying their regulatory capital rules and providing an option to phase in over a period of three years the day-one regulatory capital effects of the update to the accounting standard known...
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December 27, 2018, 07:15 AM
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Risk in the portfolio of large syndicated bank loans declined slightly but remains elevated, according to the Shared National Credit (SNC) Program Review released by the Federal Reserve Board (Federal Reserve), the Federal Deposit Insurance...
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August 04, 2017, 07:25 AM
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Accelerating loan growth accompanied by eased underwriting is a leading concern for U.S. banks in the Office of the Comptroller of the Currency's (OCC) semiannual Risk Perspective Report released last week. The report, a review of key risks facing...
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December 30, 2014, 07:12 AM
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