Upcoming Events – Regulatory Report

CFPB finalizes delays in small-biz loan data collection rule

October 3, 2025 0

Delayed effective dates for compliance and first filings under the Consumer Financial Protection Bureau’s (CFPB) small-business loan data collection rule were made final under a rule published in the Federal Register. The final rule means highest-volume lenders have until July [...]
Four banks ‘need improvement’ for CRA compliance – two earn ‘outstanding’ ratings

October 3, 2025 0

Two banks earned the highest rating of “outstanding” for their compliance with anti-redlining laws – but four banks earned the sub-satisfactory scores of “needs improvement,” according to assessments for October released Friday by the federal bank deposit insurance agency. Bangor [...]
FDIC slates proposed ban on regulators’ use of ‘reputation risk’

October 2, 2025 0

A long-anticipated notice of proposed rulemaking regarding prohibiting regulators’ use of “reputation risk” is one of two discussion items slated for the Oct. 7 open meeting of the Federal Deposit Insurance Corp. (FDIC) Board meeting. The second item: a notice [...]
Small GA credit union merged out after 15-month conservatorship

October 2, 2025 0

1st Choice Credit Union of Atlanta, Ga., was merged into Hope Federal Credit Union, Jackson, Miss., Thursday following a nearly 15-month conservatorship by the National Credit Union Administration (NCUA). The NCUA on Thursday said the merger was effective immediately. The [...]
3 banks ‘outstanding,’ 3 ‘satisfactory’ on OCC’s latest, very short CRA eval list

October 2, 2025 0

The national bank regulator said the six banks whose anti-redlining Community Reinvestment Act (CRA) ratings became public in September included three with “outstanding” ratings and three “satisfactory.” The list from the Office of the Comptroller of the Currency (OCC) shows [...]
Five former credit union workers – including two former chief executives — prohibited by federal agency

October 2, 2025 0

Five former credit union workers – including two former chief executives, and three from the same credit union – were prohibited from further service at any federally insured depository institution, the federal credit union regulator said Tuesday. The National Credit [...]
NCUA notes some credit unions may be affected by shutdown, points to guidance

October 1, 2025 0

Reminding that the agency remains open and federal share insurance remains in effect during the current federal government shutdown, credit unions’ federal regulator Wednesday offered a brief list of how credit unions may prepare for the questions and needs of [...]
Lenders can issue loans subject to flood insurance laws during federal government shutdown; regulators explain how

October 1, 2025 0

Four federal financial institutions regulators issued a reminder Wednesday to lenders that they are still allowed to make loans subject to federal flood insurance laws when the National Flood Insurance Program (NFIP) is not available, including during the federal government [...]
Noting NCUA’s ‘good track record,’ Hauptman still issues no-regulation-by-enforcement policy

October 1, 2025 0

Noting that his agency has a good track record in this area, the chairman of the federal credit union regulator on Wednesday nevertheless issued a “no-regulation-by-enforcement” policy that he said fulfills a goal he listed in January upon being designated [...]