November 6, 2009
To access specific issuances, click here to go to our Top Stories section, where you'll find links to all the relevant documents.
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  • Bank and Chairman Added to OFAC List
    First East Export Bank, a Bank Mellat subsidiary located in Malaysia, and its Chairman have been designated by the Treasury and added to the SDN List with the NPWMD designation. Information regarding the additions has been posted on the OFAC page.

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  • CRA Ratings Released
    The FDIC and OTS have released the ratings received by state nonmember banks and savings associations that were recently evaluated for compliance with the Community Reinvestment Act (CRA).

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  • Four Written Agreements Announced
    The FRB has announced the execution of the following Written Agreements:
    1. by and among Hanmi Financial Corporation, a registered bank holding company, Hanmi Bank, a state chartered member bank, both of Los Angeles, CA, and the Federal Reserve Bank of San Francisco;
    2. by and among Appalachian Bancshares, Inc., Ellijay, GA, the Federal Reserve Bank of Atlanta, and the State of Georgia, Department of Banking and Finance;
    3. by and between Desert Hills Capital Corp., Phoenix, AZ, a registered bank holding company, and the Federal Reserve Bank of San Francisco;
    4. by and among Citizens First State Bank of Walnut, Walnut, IL, a state member bank, the Federal Reserve Bank of Chicago, and the Illinois Department of Financial and Professional Regulation, Division of Banking, Springfield, IL.
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  • HUD Issues Penalties
    HUD has announced that its Mortgagee Review Board has imposing civil money penalties totaling $27,000 on two FHA-approved lenders in Wisconsin and Connecticut for a variety of violations of FHA lending and marketing standards.

  • Community Bank Directors Workshop Announced
    The OCC will host a workshop for national community bank directors in Tampa, Florida, on December 8, 2009. Online registration is available.


    • Jack Holzknecht

    Keep up with the latest regulatory views on this important aspect of CRA compliance, and learn way to "sell" your bank's CRA efforts to examiners, in Jack Holzknecht's presentation.