CFPB

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[ October 1, 2026 ] Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets NCUA
[ October 1, 2026 ] FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims FDIC
[ October 1, 2026 ] ‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan FDIC
[ October 1, 2026 ] Failed California bank will cost bank insurance fund $114 million FDIC
[ September 25, 2026 ] Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines The Fed

Proposal would block firms from using contract clauses that impose on legal rights, free speech

January 13, 2025 0

Companies would be banned from using certain contract clauses that allegedly include waivers of substantial legal rights and fine print that suppresses speech under a proposed rule issued Monday by the federal consumer financial protection […]

Flood underinsurance for streamside dwellers in certain regions more likely, report asserts

January 13, 2025 0

Homeowners facing flooding from rivers and creeks – numbering in the hundreds of thousands in the Southeast and central Southwest of the country — are more likely to be underinsured than sea coastal residents, according […]

Bureau seeks public comment on emerging payment mechanisms; proposes rule for how EFTA would cover

January 10, 2025 0

Requirements that apply to emerging payment mechanisms – such as those used in video gaming platforms — are the subject of a proposed interpretive rule issued Friday by the federal consumer financial protection agency. The […]

Agency recognizes first standard-setting group for ‘open banking;’ conditions apply to five-year approval

January 9, 2025 0

A non-profit organization operating in the United States and Canada is the first to be recognized as a standard-setting body for open banking, the federal consumer financial protection agency said late Wednesday. The application by […]

Final rule limiting use of medical information by creditors, including eligibility for credit, given green light

January 7, 2025 0

A regulatory exception that previously permitted a creditor to obtain or use medical information, including medical debt information, is removed under a new rule on medical debt collection issued Tuesday by the federal consumer financial […]

CFPB, citing ‘sham investigations,’ says Experian failed consumers who disputed credit report data; suit seeks redress, fines

January 7, 2025 0

A lawsuit alleging that consumer reporting agency Experian unlawfully failed to properly investigate consumers’ disputes over information in their credit reports was filed Tuesday by the Consumer Financial Protection Bureau (CFPB). The CFPB said that […]

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Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets

October 1, 2026 0

A troubled Mississippi credit union was closed and its members and savings (shares) were assumed by an Alabama Credit Union, the federal regulator announced late Wednesday. Jackson Area Federal Credit Union (FCU), of Jackson Miss., was closed and its members [...]
FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims

October 1, 2026 0

Workplace culture reforms spawned by allegations of sexual harassment at the federal bank deposit insurance agency will no longer be overseen by an independent monitor, the agency said late Wednesday, asserting that the monitor’s work had concluded. The Federal Deposit [...]
‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan

October 1, 2026 0

Feedback letters from 15 banking organizations with more than $250 billion in assets on their resolution plans were published Sept. 29 by the Federal Reserve and the Federal Deposit Insurance Corp. (FDIC), the agencies said. However, the Office of the [...]
Failed California bank will cost bank insurance fund $114 million

October 1, 2026 0

A failed California bank that was closed Sept. 25 is estimated to cost the federal bank deposit insurance fund about $114 million, the insurance fund said agency. The bank reopened Sept. 28 as a branch of a Utah bank as [...]
Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines

September 25, 2026 0

Misappropriation of about $246,000 from teller cash dispenser machines has led to the prohibition of a former teller supervisor of a bank in the Maryland suburbs of Washington, D.C., the Federal Reserve said Thursday. According to the agency, Renee Nicole [...]

Proposal would block firms from using contract clauses that impose on legal rights, free speech

Flood underinsurance for streamside dwellers in certain regions more likely, report asserts

Bureau seeks public comment on emerging payment mechanisms; proposes rule for how EFTA would cover

Agency recognizes first standard-setting group for ‘open banking;’ conditions apply to five-year approval

Final rule limiting use of medical information by creditors, including eligibility for credit, given green light

CFPB, citing ‘sham investigations,’ says Experian failed consumers who disputed credit report data; suit seeks redress, fines

CFPB sues Berkshire Hathaway affiliate that it says pushed people into unaffordable mobile home loans

Charging $10 million in illegal deposit junk fees charged to drivers, CFPB sues WalMart, fintech

Scheme to illegally steer business to Rocket Mortgage draws CFPB suit

Three of nation’s largest banks sued for allowing ‘fraud to fester’ on Zelle payment network

Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets

FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims

‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan

Failed California bank will cost bank insurance fund $114 million

Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines