S&P Global Market Intelligence rounds up a selection of recent legal and regulatory developments in the bank space.

Fed lifts enforcement actions against JPMorgan, Spirit BankCorp, U.S. Bancorp

The Federal Reserve Board terminated enforcement actions against JPMorgan Chase & Co., Spirit BankCorp Inc. and U.S. Bancorp on Dec. 5.

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Fed terminates 2015 supervisory letter against The Bancorp

The Federal Reserve terminated its supervisory letter dated May 11, 2015, against The Bancorp Inc. that barred the company from paying dividends without prior approval.

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FDIC assigns 'needs to improve' CRA rating to DR Bank

The Federal Deposit Insurance Corp. gave DR Bank a "needs to improve" rating for compliance with the Community Reinvestment Act. Alcar Inc. is the bank holding company of DR Bank.

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Fed terminates enforcement action against Bank of America

The Federal Reserve Board terminated its enforcement action against Bank of America Corp. that stemmed from unsafe and unsound practices in the foreign exchange markets.

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Ent CU reaches settlement agreement in lawsuit alleging improper overdraft fees

Ent CU reached a settlement in a class-action lawsuit that alleged the credit union charged overdraft fees on accounts that did not overdraw, The Colorado Springs Business Journal reported.

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Highlands Bankshares sued for allegedly misleading shareholders

Highlands Bankshares Inc. and its board are facing a lawsuit over allegations that they misled shareholders in relation to the company's merger with First Community Bankshares Inc.