March 17, 2010 News Release 2010-30, OCC Assesses Civil Money Penalty Against Wachovia
News Release 2010-29, Comptroller of the Currency Hosts Community Bank Directors Workshops in Shreveport, Louisiana
News Release 2010-28, Comptroller of the Currency Hosts Community Bank Directors Workshop in Philadelphia
News Release 2010-27, Federal Banking Agencies Issue Policy Statement on Funding and Liquidity Risk Management
March 11, 2010 OCC 2010-12, Community Reinvestment Act: 2010 Interagency Questions and Answers HTML
New guidance(PDF 388KB) provides examples of ways an institution can determine whether its community services target intended persons. Agencies also adopted revisions relating to mixed-income housing provision.
March 10, 2010 Economics Working Paper 2008-3(PDF 224KB), "Limits to Relative Performance Evaluation: Evidence from Bank Executive Turnover" by Irina Barakova and Ajay Palvia
This paper revisits the topic of relative performance evaluation of top management using a large panel of community banks.
Community Development Capital Initiative
This program will invest lower-cost capital in Community Development Financial Institutions (CDFIs) that lend to small businesses in the country's hardest-hit communities. More information.
The Office of the Comptroller of the Currency was created by Congress to
charter national banks, to oversee a nationwide system of banking institutions,
and to assure that national banks are safe and sound, competitive and
profitable, and capable of serving in the best possible manner the banking
needs of their customers.
