technology audits -
As a former bank examiner
with over 40 years IT audit experience, I will bring an examiner's
perspective to the FFIEC information technology audit for bankers in
Texas, New Mexico, Colorado, and Oklahoma.
August 17, 2018 - OCC Enforcement Actions and Terminations for
August 2018 - The Office of the Comptroller of the Currency
(OCC) today released new enforcement actions taken against
national banks, federal savings associations, and individuals
currently and formerly affiliated with national banks and
federal savings associations.
August 16, 2018 - GoCPS: A First Look at Applications and Offers
By Lisa Barrow, Lauren Sartain, & Marisa de la Torre - Chicago
Public Schools offers many options when it comes to high school
enrollment. In fact, about three of every four incoming ninth
graders choose to attend a high school other than their assigned
August 16, 2018 - Federal Reserve Board announces termination of
enforcement actions with Flagstar Bancorp, Inc., and Santander
Holdings USA, Inc.
August 16, 2018 - Federal Reserve to offer seven-day term
deposits on August 23 - The Federal Reserve plans to continue
its previously announced periodic testing of the Term Deposit
Facility with one operation in August.
August 15, 2018 - Community Reinvestment Act: Revisions to
Impact of Evidence of Discriminatory or Other Illegal Credit
Practices on Community Reinvestment Act Ratings - The Office of
the Comptroller of the Currency is issuing this bulletin to make
public the revised Policies and Procedures Manual 5000-43, which
clarifies the OCC’s policy for applying the regulatory framework
to determine the effect of evidence of discriminatory or other
illegal credit practices on the Community Reinvestment Act
rating of a national bank, federal savings association, or
August 15, 2018 - OCC Hosts Compliance and Operational Risk
Workshops in Houston - The Office of the Comptroller of the
Currency will host two workshops in Houston at the Houston
Marriott South at Hobby Airport, September 25 and 26, for
directors of national community banks and federal savings
associations supervised by the OCC.
August 15, 2018 - Bank Accounting Advisory Series Updated - The
Office of the Comptroller of the Currency today released an
update to the Bank Accounting Advisory Series.
August 15, 2018 - Statistical Release - Industrial Production
and Capacity Utilization - G.17 - Industrial production edged up
0.1 percent in July after rising at an average pace of 0.5
percent over the previous five months. Manufacturing production
increased 0.3 percent, the output of utilities moved down 0.5
percent, and, after posting five consecutive months of growth,
the index for mining declined 0.3 percent.
August 14, 2018 - St. Louis Fed Announces 2018-2019 Student
Board of Directors - High school seniors from across the greater
St. Louis area are selected based on a rigorous application
process, which includes an essay and letters of recommendation.
August 14, 2018 - Report to the Congress on
Government-Administered, General-Use Prepaid Cards, August 2018
- The Board's annual report to the Congress on the use of
general-use prepaid cards in federal, state, and local
government-administered payment programs and on the interchange
fees and cardholder fees charged with respect to the use of
August 14, 2018 - Hidden Baggage: Behavioral Responses to
Changes in Airline Ticket Tax Disclosure - Sebastien Bradley and
Naomi E. Feldman - We examine the impact on air travelers of an
enforcement action issued by the U.S. Department of
Transportation in January 2012 that required U.S. air carriers
and online travel agents to incorporate all mandatory taxes and
fees into their advertised fares.
August 14, 2018 - Federal Reserve Board announces termination of
enforcement actions with HSBC North America Holdings, Inc.,
Capital Funding Bancorp, Inc. and CFG Community Bank, and
August 13, 2018 - NCUA - McWatters: Financial Literacy is Key to
Protecting Service Members - Financial regulatory agencies,
non-profits, schools financial institutions, and the military
must work together to improve the personal finance knowledge of
service members and their families to prevent them from being
financially exploited, NCUA Board Chairman J. Mark McWatters
August 13, 2018 - FEDS Notes - SOMA's Unrealized Loss: What does
it mean? - Brian Bonis, Lauren Fiesthumel, and Jamie Noonan - In
May 2018, the Federal Reserve published its Federal Reserve
Banks Combined Quarterly Financial Report for the first quarter
August 13, 2018 - Are Income and Credit Scores Highly
Correlated? - Rachael Beer, Felicia Ionescu, and Geng Li -
Credit scores, a numerical indicator constructed to predict
borrowers' credit risk, represent a crucial element of a
person's financial life and are used extensively in loan
underwriting and pricing.
August 13, 2018 - A Shadow Rate or a Quadratic Policy Rule? The
Best Way to Enforce the Zero Lower Bound in the United States -
Martin M. Andreasen and Andrew Meldrum -
We study whether it is better to enforce the zero lower bound in
models of U.S. Treasury yields using a shadow rate model or a
quadratic term structure model.
August 10, 2018 - St. Louis Fed Ag Survey: Bankers See Decline
in Farm Income and Quality Land Values in Second Quarter - The
latest survey shows the majority of agricultural bankers expect
farm income to decline next quarter, just as it did in this
second quarter report. Quality farmland values also fell in the
most recent survey, according to the latest Agricultural Finance
Monitor published by the Federal Reserve Bank of St. Louis.
August 10, 2018 - Credit and Liquidity Programs and the Balance
Sheet - Recent balance sheet trends, weekly chart update.
August 10, 2018 - Federal Reserve Board fines Citigroup $8.6
million for the improper execution of residential
mortgage-related documents and announces termination of 2011
August 9, 2018 - Anna Paulson Discusses Market Resiliency -
Market Resiliency: Evidence from Money Market Mutual Fund Reform
- A speech delivered by Anna Paulson on June 26, 2018, before
the People’s Bank of China and Chicago Fed’s Symposium on
Over-the-Counter Derivatives in Shanghai, China.
August 9, 2018 - OCC Allows Federally Chartered Financial
Institutions Affected by Wildfires in California to Close - The
Office of the Comptroller of the Currency today issued a
proclamation allowing national banks, federal savings
associations, and federal branches and agencies of foreign banks
affected by wildfires and high winds in California to close.
August 9, 2018 - Guidance to Help Financial Institutions and
Facilitate Recovery in Areas of California Affected by Wildfires
and High Winds - The FDIC has announced a series of steps
intended to provide regulatory relief to financial institutions
and facilitate recovery in areas of California affected by
wildfires and high winds.