Tag Archives: Office of the Comptroller of the Currency

Regulators Offer Guidance for Troubled Debt Restructurings

The Fed, FDIC, NCUA, OCC, CFPB) and state banking regulators issued an interagency statement for financial institutions working with borrowers affected by the coronavirus. FASB concurs with the approach.

First Federal and CBC Receive Regulatory Approval for Merger

First Federal Bancorp and Coastal Banking Company received all required approvals from the Federal Reserve Bank of Atlanta, the Office of the Comptroller of the Currency, and the South Carolina Office of the Commissioner of Banking for their previously announced merger.