FDIC – Page 20 – Regulatory Report

What's up

[ 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

FDIC oks merger of Thrivent Federal Credit Union into new, online Thrivent Bank, also approved for federal deposit insurance

June 21, 2024 0

The federal bank deposit insurer announced dual actions Friday which allow the creation and federal deposit insurance coverage for a new industrial bank in Salt Lake City, Utah, and the merger into that new bank […]

Resolution plans will be required for banks with at least $100 billion in assets under final rule adopted by FDIC

June 20, 2024 0

Banks with at least $100 billion in assets must develop and submit detailed plans demonstrating how they could be resolved “in an orderly and timely manner” under a rule approved Thursday by the board of […]

Rule sets quality control standards for automated valuation models used by mortgage originators, others

June 20, 2024 0

Quality control standards will be required for use of automated valuation models (AVMs) by mortgage originators and secondary market issuers in determining the collateral worth of a mortgage secured by a consumer’s principal dwelling under […]

Briefings about certain bank merger, deposit insurance applications up for FDIC Board consideration

June 19, 2024 0

The subject of briefings on certain merger and deposit insurance applications outstanding for more than 270 days is on the agenda for discussion during a meeting Thursday of the board of the federal bank deposit […]

Compliance exam manual updated with thresholds for TILA, CRA

June 19, 2024 0

Annual thresholds applicable to lending and anti-redlining rules are outlined in revisions to the consumer compliance exam manual published by the federal insurer of bank deposits, the agency said late Tuesday. The Federal Deposit Insurance […]

Wall Street regulator nominated to lead FDIC, would replace current chair embroiled in sexual harassment uproar

June 13, 2024 0

The next leader for the federal bank deposit insurance agency would be a Wall Street regulator and former Treasury Department official if the Senate confirms the nomination announced Thursday by the White House. Christy Goldsmith […]

Some Mississippi banks offered reg relief measures following storms two months ago

June 12, 2024 0

Severe storms in areas of Mississippi – including straight-line winds, tornadoes and flooding — spurred a “regulatory relief” pronouncement Wednesday for banks in areas affected by the storms, according to the federal insurer of bank […]

‘Pig butchering’ scams spawn alerts; ‘red flags’ listed for uncovering emerging con

June 6, 2024 0

The scam known as “pig butchering” has prompted consumer and bank alerts Thursday from the inspector general for the federal bank deposit insurance agency, which listed red flags for banks to watch for the scam’s […]

Agency claims survey results show tax assistance program can lead to greater economic inclusion

June 4, 2024 0

Economic inclusion can be expanded when bank customers (or credit union members) open accounts to deposit their tax refunds by direct deposit, an outcome of involvement in the federal tax service’s volunteer tax assistance program, […]

Inspector general reports more than $700 million in recoveries realized in most recent reporting period

June 4, 2024 0

More than $712 million in fines, restitution ordered, and other monetary recoveries were realized by the federal insurer of bank deposits between last fall and this spring, according to a report sent to Congress Tuesday. […]

« 1 … 18 19 20 21 22 … 197 »

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 [...]