OTS Guidance On Overdraft Protection
The OTS has announced that it is issuing final guidance on overdraft protection programs for savings associations. OTS has finalized best practices that address disclosure, marketing and operations of a overdraft program. The other federal bank regulators are expected to issue guidance shortly. Click here for the full article.

ACB Comments On CRA Flexibility Plan
ACB strongly supports an OTS proposal to give large savings associations increased flexibility to serve the credit needs of their communities. While supporting the goals of the Community Reinvestment Act, ACB encourages more flexible regulations, including additional training and guidance to help examiners understand complex community lending transactions. Click here to read ACB’s comment letter.

Mutual Community Bank Day — March 14, 2005
Mutual Day is rapidly approaching. Come to Washington to meet with regulators, lawmakers, their staff and your peers to discuss issues of importance to mutual institutions and mutual holding companies. This is an important forum for keeping the time-tested values of mutuality in front of Congress and the banking regulatory agencies. This year’s speakers include Jim Clarke, director of Clarke Consulting; Ken Ehrlich, partner at Nutter McClennen Fish, LLP; and Mike Horn, partner at McCarter & English. Registration is complimentary. Click here for more information.

Make Your Voice Heard In Washington — Attend ACB’s Government Affairs Conference
Mutual Day precedes ACB’s Government Affairs Conference (March 15-16) and mutual bankers are invited to stay and participate. Speakers at this year’s conference include Treasury Secretary John Snow and FHFB Chairman Ronald A. Rosenfeld. Registration is complimentary. Click here for more information.