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What's up
  • [ 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
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The Fed

Next Fed steps in Treasury markets oversight, info collections outlined

December 3, 2018 0

An agreement with the industry-organized regulator of financial markets and a proposed rule are two steps the Federal Reserve is taking to “keep up with the changing nature” of Treasury markets, a member of the […]

FDIC

Agencies make clear support for ‘innovative approaches’ to meeting BSA/AML obligations

December 3, 2018 0

Encouraging banks and credit unions to explore “innovative approaches” to meet anti-money laundering compliance obligations is the thrust of a joint statement issued Monday by the three federal banking regulators, the federal credit union regulator […]

Federal financial regulation

UPDATED: To mark death of former President George H.W. Bush, agency employees ‘excused’ Wednesday

December 3, 2018 0

Federal workers, including those at the federal financial institution regulatory agencies, will be excused from duty under an executive order issued by the president over the weekend, according to guidance issued by the White House […]

CFPB

WEEK AHEAD: Bush memorial services reset schedules: Powell testimony postponed, Kraninger vote unclear

December 3, 2018 0

Memorial services spanning Tuesday through Thursday for former President George H.W. Bush, — who died Friday –  are having ripple effects on events in the week ahead affecting federal financial regulators. The effects include a […]

Today

  • 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 [...]

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