Monthly Archive:: March 2020

OCC Offers Information Regarding STIF Rule

OCC Revises Short-Term Investment Fund Rule The Office of the Comptroller of the Currency (OCC) today announced an interim final rule to revise its short-term investment fund (STIF) rule for national banks acting in a fiduciary capacity. The rule allows the OCC to ...Read More

HMDA Partial Exemption

Q: Our bank qualifies for the HMDA partial exemption. Some of the data points that we are exempt are things we don’t use, like credit scores or automatic underwriting systems. So in reporting these data points, should  I report “Exempt” or “Not applicable” in ...Read More