OCC Offers Stress Test Guidance For Community Banks

Law360, New York (October 18, 2012, 6:26 PM EDT) -- The Office of the Comptroller of the Currency on Thursday issued guidance for banks with $10 billion or less in consolidated assets on how to conduct stress tests to measure their financial health, though they aren't required to perform the tests under the Dodd-Frank Act.

The OCC didn't endorse a particular stress test method for the community banks that fall into this category, saying the tests should be tailored to characteristics such as a bank's size, management and types of loans it holds.

However, the regulator...
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