Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations

19 organizations filed 19 public comments on Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations, at the Office of the Comptroller of the Currency. The comment window closed 2667d ago.

Abstract

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) issued a final rule to provide for a simple measure of capital adequacy for certain community banking organizations, consistent with section 201 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. Under the proposal, most depository institutions and depository institution holding companies that have less than $10 billion in total consolidated assets, that meet risk-based qualifying criteria, and that have a community bank leverage ratio of greater than 9 percent would be eligible to opt into a community bank leverage ratio framework. Such banking organizations that elect to use the community bank leverage ratio and that maintain a community bank leverage ratio of greater than 9 percent would not be subject to other risk-based and leverage capital requirements and would be considered to have met the well capitalized ratio requirements for purposes of section 38 of the Federal Deposit Insurance Act and regulations implementing that section, as applicable, and the generally applicable capital requirements under the agencies' capital rule. A correction document was published on February 26, 2020.

Commenters (19)

• Alabama Bankers Associationtrade assoc.

  1 filing · confidence 85%
• American Bankers Associationtrade assoc.

  1 filing · confidence 97%
• California Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Community Bankers Association of Illinoistrade assoc.

  1 filing · confidence 85%
• Conference of State Bank Supervisors (CSBS) 1trade assoc.

  1 filing · confidence 85%
• Conference of State Bank Supervisors (CSBS) 2trade assoc.

  1 filing · confidence 85%
• INDEPENDENT BANKERS ASSOCIATION OF TEXAStrade assoc.

  1 filing · confidence 85%
• Kansas Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Louisiana Bankers Association -Form Letter 1trade assoc.

  1 filing · confidence 85%
• Massachusetts Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Minnesota Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Mississippi Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Missouri Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Mortgage Bankers Associationtrade assoc.

  1 filing · confidence 97%
• National Association of Home Builderstrade assoc.

  1 filing · confidence 97%
• Oklahoma Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Oregon Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Texas Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Wisconsin Bankers Associationtrade assoc.

  1 filing · confidence 97%