Semiannual Risk Perspective

The OCC released its Semiannual Risk Perspective for Spring 2016, which reveals that strategic, credit, operational, and compliance risk remain top concerns, with interest risk following closely. While the OCC is not a regulatory agency for credit unions, it does oversee national banks and federal savings associations, and provides a perspective on industry trends. The report highlights key risk issues … Read More

Statement on Prudent Risk Management for Commercial Real Estate Lending

The Federal Reserve, the FDIC, and the OCC jointly issued this Statement to remind financial institutions of existing regulatory guidance on prudent risk management practices for commercial real estate (CRE) lending activity through economic cycles.  The NCUA was not part of the agencies that issued the statement, but may follow other agencies guidelines when conducting audits. The Statement includes “Historical … Read More

OCC Semiannual Risk Perspective Report

The Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective Report providing OCC supervisory concerns.  Leading concerns are strategic, underwriting, cybersecurity, compliance and interest rate risks. Highlights included in the report are: Many national banks and federal savings associations continue to face strategic challenges to growing revenues to meet target rates of return in a slow-growth, … Read More