The OCC will host the Building Blocks for Directors workshop in Pittsburgh, PA for directors of national community banks and federal savings associations supervised by the OCC. The workshop will discuss the roles and responsibilities of board participation for both new and experienced directors. The workshop will also discuss major laws and regulations, and exam processes. The cost is $99 and limited to the first 35 registrants. Registration is available online or by calling 240.485.1700.

https://www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-25.html

The OCC released the performance evaluations of 17 institutions that became public during the month of February. One is rated outstanding, 15 are rated satisfactory, and one is rated needs to improve. There were no evaluations rated substantial noncompliance.

https://www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-24.html

The CFPB released the monthly complaint report, which highlighted complaints about credit reporting. The geographic spotlight for complaints is Louisiana.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-monthly-snapshot-spotlights-credit-reporting-complaints/

The CFPB issued a blog post with useful tips for savings including a worksheet with tips that can help you manage your spending.

https://www.consumerfinance.gov/about-us/blog/managing-your-spending-achieve-your-goals/

NCUA Board Chairman, J. Mark McWatters addressed the Credit Union National Association’s Annual Governmental Affairs Conference discussing what to look for in 2017, including a loosening of regulations, a streamlined agency budget, and the possible closure of the Temporary Corporate Credit Union Stabilization Fund.

https://www.ncua.gov/newsroom/Pages/news-2017-feb-mcwatters-outlines-plans.aspx

FDIC issued the list of banks that will be evaluated during the second quarter for compliance with the CRA. Examination schedules are subject to change and will be updated appropriately if necessary.

https://www.fdic.gov/news/news/press/2017/pr17017.html

The FTC released its agenda for the upcoming FinTech forum. The forum will feature two panel discussions with one focusing on the potential benefits and risks for consumers with the use of AI and the other examining the potential applications and consumer implications of blockchain. Full details are available on the forum’s webpage.

https://www.ftc.gov/news-events/press-releases/2017/02/ftc-announces-agenda-march-9-fintech-forum-artificial

The OCC released a statement encouraging national banks and savings associations to promote savings by participating in activities such as financial literacy programs, school-based savings programs, and by offering products such as individual development accounts that are bank sponsored savings match programs. Resources on savings and financial literacy can be found on the OCC’s website.

https://www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-22.html

NCUA has a number of resources available for consumers on saving on its consumer website mycreditunion.gov. The online resources include information for America Saves Week and Military Saves Week, which run from February 27 through March 4.

https://www.ncua.gov/newsroom/Pages/news-2017-feb-ncua-offers-online-resources.aspx

The NCUA Newsletter will be moving to a quarterly publication. The February 2017 newsletter is available online and will next be available in May, August and November for the remainder of the year. The February 2017 issue includes articles about Cybersecurity, Chairman’s Corner, Inclusion, CUSO registry reaffirmation, Alternative Capital, More Flexible Exam Pilot, Minority Credit Unions, and Military and America Saves Week.

https://www.ncua.gov/newsroom/Pages/news-2017-feb-ncua-report-published-quarterly.aspx