OCC Actions to Reduce Regulatory Burden
During our October Monthly Connection, Jerod gave a quick hit on some of the recent OCC actions to reduce regulatory burden for community banks. This included the announcements of both guidance and proposed rulemakings.
Bulletins 2025-24 and 2025-25 were issued to clarify the OCC’s examination procedures for community banks. Essentially, the OCC will be moving away from its current fixed examination requirements and will move towards a risk-based approach regarding an examination’s frequency and scope. It also indicated that community banks will no longer be examined using the procedures and standards in the "Retail Nondeposit Investment Products" (RNDIP) booklet of the Comptroller's Handbook. Community banks are still expected to follow all laws and regulations applicable to their RNDIP offerings and comply with all pertinent legal requirements.
Bulletin 2025-26 addressed Model Risk Management and Bulletins 2025-27 and 2025-28 announced Notice of Proposed Rulemakings to rescind the OCC’s Fair Housing Home Loan Data System and amend its regulations on Community Bank Licensing Requirements.
Listen to what Jerod had to say:
2025/10/30
Jerod Moyer
Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!