The Office of the Comptroller of the Currency on Monday announced proposed changes in order to remove outdated or unnecessary provisions and rules, therefore reducing the regulatory burden on banks and federal savings associations.
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OCC Announces Bank, Federal Savings Association Growth in South
Financial conditions are improving in the Southern United States, according to a report released by the Office of the Comptroller of the Currency (OCC). The report, which details the performance of national banks and federal savings associations (FSAs), showed that nine states in the OCC’s Southern District showed improvement in 2014. Those states included Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Oklahoma, Tennessee and Texas.
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