The New York State Office of the State Comptroller ( OSC ) is soliciting proposals from state or
federally chartered banks ( Banks or Proposers ) to provide master custodial banking services, including collateral services ( Master Custodial Services or Services ), for State and local funds held by the Department of Taxation and Finances ( DTF ) Division of Treasury ( Treasury ), OSCs Short Term Investment Pool, OSC Cash Management, and other State agency accounts, as detailed in this Request for Proposals ( RFP ).
The ranks of
federally chartered banks in Arkansas are whittling down.
Parrish said few state and
federally chartered banks were providing services to cannabis customers.
Provincially regulated, credit unions have operated in Canada since 1908 and have evolved to provide the same lending, deposit taking and wealth management services as
federally chartered banks, the CCUA argues.
US president Donald Trump is to nominate Joseph Otting to a post that would see him overseeing
federally chartered banks.
There is extensive oversight for
federally chartered banks. What are the candidates' plans regarding the oversight of community and local banks?
With the National Bank Act,
federally chartered banks were introduced.
What's the difference between state and
federally chartered banks? The short answer is that the charter holder is the supervisor of the bank.
The Edge Act was adopted to help
federally chartered banks compete more effectively in offshore banking.
The Board seeks to retain existing state chartered banks while encouraging
federally chartered banks to become state charters.
If the bill passes, there would be three sets of rules: a federal cap for large national banks, a state cap for small state-chartered banks, and no cap at all for smaller
federally chartered banks.
One of the rationales for federal banking law preempting state banking law is that states might otherwise impose laws that put
federally chartered banks at a competitive disadvantage.
