CFPB

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[ October 31, 2025 ] Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars FDIC
[ October 31, 2025 ] Former MN credit union teller barred from future FI service NCUA
[ October 30, 2025 ] Report: credit union regulator board to stop publishing annual meeting schedules NCUA
[ October 30, 2025 ] Fed announces two prohibitions, from workers at AL and TN banks (the latter a NY branch) The Fed
[ October 29, 2025 ] CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more CFPB

UPDATED: Agencies sign ‘memo of understanding’ to improve consumer protection coordination supervision for larger credit unions

January 15, 2021 0

Improving coordination between the federal credit union regulator and federal consumer financial protection agency over the consumer protection supervision of credit unions with more than $10 billion in assets is the stated purpose of a […]

Statement aims at encouraging financials to better serve consumers with limited English proficiency (LEP)

January 13, 2021 0

Financial institutions are encouraged to better serve consumers with limited English proficiency (LEP) and are being provided principles and guidelines to assist financial institutions seeking to better serve LEP consumers in non-English languages, the federal […]

UPDATED: Civil money penalty maximums higher in 2021 after inflation adjustments

January 13, 2021 0

Maximum civil money penalty amounts are rising about 1.18% under inflation adjustments made by federal financial institution regulators, with the increased maximums set to apply after Jan. 15. The Federal Deposit Insurance Corp. (FDIC), Federal […]

Beta platform for 2021 HMDA data available for testing, CFPB says

January 11, 2021 0

The beta release of the Home Mortgage Disclosure Act (HMDA) platform for data collected in 2021 is available now for testing, the Consumer Financial Protection Bureau (CFPB) said in a notification Monday. The beta platform […]

Applications open for bureau ‘advisory committees,’ with selections made by summer

January 11, 2021 0

Applications for appointments to membership of one of four advisory committees that offer input from various sections of the financial industry, and for research projects by the agency, to the federal consumer financial protection agency […]

Bureau reminds HMDA reports on 2020 data collected are due March 1

January 5, 2021 0

The federal consumer financial protection agency on Tuesday reminded that mortgage lenders are due to file their mortgage loan/application registers (LARs) with federal regulators by March 1. The registers, containing Home Mortgage Disclosure Act (HMDA, […]

Task force recommends expanded access to payment systems for non-banks, elimination of overlapping exam subject areas (among 100 things)

January 5, 2021 0

Expanding access to the payments system by non-bank providers, and eliminating overlapping examination subject areas by regulators, are among the recommendations – out of 100 total – from a taskforce on federal consumer financial law […]

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Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars

October 31, 2025 0

Prohibitions for September were announced Friday by the federal bank deposit insurance agency, including two for allegedly misappropriating hundreds of thousands of dollars from their respective banks. The Federal Deposit Insurance Corp. (FDIC) said Shelley C. Bounchareune, a former employee [...]
Former MN credit union teller barred from future FI service

October 31, 2025 0

A former teller of Affinity Plus Federal Credit Union of Saint Paul, Minn., was barred from any future work in federally insured financial institutions under an October prohibition order. In the consent order, the National Credit Union Administration (NCUA) said [...]
Fed announces two prohibitions, from workers at AL and TN banks (the latter a NY branch)

October 30, 2025 0

Two prohibitions, both the result of recent consent agreements, were made public against two bankers by the Federal Reserve Thursday: one for a former New York worker, and the other for a former Alabama bank employee. The Fed said Md [...]
CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more

October 29, 2025 0

Nonbank “covered persons” who are subject to court or government agency’s final public orders related to offering or providing consumer financial products or services no longer need to get themselves on a registry maintained by the Consumer Financial Protection Bureau [...]
CFPB: FCRA’s state-law preemption on credit reporting broader than held in 2022

October 28, 2025 0

The Fair Credit Reporting Act’s (FCRA) preemption of state laws related to consumer credit reporting is broader than presented in a now-rescinded 2022 interpretive rule, the Consumer Financial Protection Bureau (CFPB) says. The CFPB, in a new interpretive rule published [...]
OCC wants to rescind guidelines for big banks on recovery planning; says banks ‘should’ be doing it anyway

October 27, 2025 0

Big banks – those with at least $100 billion in assets – are expected to be well managed and have appropriate risk-management processes in place; thus, no guidelines on “recovery planning” are necessary, the national bank regulator proposed late Monday. [...]
Comptroller jumps on stress-test reform bandwagon, praising Fed request for comment

October 27, 2025 0

Calling the current stress-test regime for large banks “too complex and opaque,” the national bank regulator late Monday praised the Federal Reserve for proposing changes to the stress test models. Comptroller of the Currency Jonathan V. Gould said the Fed’s [...]

UPDATED: Agencies sign ‘memo of understanding’ to improve consumer protection coordination supervision for larger credit unions

Statement aims at encouraging financials to better serve consumers with limited English proficiency (LEP)

UPDATED: Civil money penalty maximums higher in 2021 after inflation adjustments

Beta platform for 2021 HMDA data available for testing, CFPB says

Applications open for bureau ‘advisory committees,’ with selections made by summer

Bureau reminds HMDA reports on 2020 data collected are due March 1

Task force recommends expanded access to payment systems for non-banks, elimination of overlapping exam subject areas (among 100 things)

$2 million-plus penalty assessed for making prohibited loans to military members

Firms win ‘sandbox’ licenses for dual-feature credit cards, advances on unpaid wages

$35 million in fines and redress result from student lender violating CFPB order

Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars

Former MN credit union teller barred from future FI service

Fed announces two prohibitions, from workers at AL and TN banks (the latter a NY branch)

CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more

CFPB: FCRA’s state-law preemption on credit reporting broader than held in 2022

OCC wants to rescind guidelines for big banks on recovery planning; says banks ‘should’ be doing it anyway

Comptroller jumps on stress-test reform bandwagon, praising Fed request for comment