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What's up
  • [ January 7, 2026 ] FDIC: Audit finds no documentation on cost benefits of student resource center since 1986 FDIC
  • [ January 7, 2026 ] CFPB adjusts HMDA, TILA asset-size thresholds for 2026 CFPB
  • [ January 6, 2026 ] CFPB ends silence; provides ‘tips, reminders’ for 2026 HMDA filings CFPB
  • [ January 6, 2026 ] Fed: Former bank branch manager who took $27k from customer accounts is barred The Fed
  • [ January 5, 2026 ] Nearly half of all banks – 15 – are ‘outstanding’ in latest CRA ratings from OCC OCC
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18dec17

OCC

National bank regulator publishes bulletin about proposal on counterparty credit exposure

December 17, 2018 0

A bulletin describing the notice of proposed rulemaking on an updated framework for measuring derivative counterparty credit exposure by the three federal banking agencies was published Monday by the regulator of national banks. The Office […]

Other

UBS Financial fined $14.5 million after more than a decade of BSA violations

December 17, 2018 0

UBS Financial Services, Inc. (UBSFS) was assessed a $14.5 million civil money penalty (CMP) over “willful” Bank Secrecy Act/anti-money laundering (BSA/AML) violations under an order announced Monday by Treasury’s Financial Crimes Enforcement Network (FinCEN). The […]

Other

Exam council body publishes unofficial text for EGRRCPA appraisal exemption

December 17, 2018 0

An unofficial “staff version” of the recently amended portion of the federal law that established requirements for uniform real estate appraisals was published online Friday by the Federal Financial Institutions Examination Council (FFIEC) Appraisal Subcommittee […]

FDIC

Former FDIC employee convicted of embezzling bank living will documents

December 17, 2018 0

A former senior employee of the Federal Deposit Insurance Corp. (FDIC) was convicted by a federal jury in Brooklyn, N.Y., Dec. 11 for stealing agency files on banks’ living will (resolution) plans and now faces […]

FDIC

Audit outlines seven ways to address outside interconnection issues for FDIC

December 17, 2018 0

Seven recommendations were made to address interconnection issues uncovered during an audit of information systems, according to the Federal Deposit Insurance Corp. (FDIC), including to modify the agency’s existing policies and procedures to meet standards […]

FDIC

Interest rates, Fed press conference, final/proposed rules and CBLR highlight week ahead

December 17, 2018 0

A spate of proposed and final rules, and a teleconference on community bank capital requirements – both against the background of the Federal Reserve’s rate-setting committee’s meeting – highlight the regulatory calendar for the week […]

Today

  • FDIC: Audit finds no documentation on cost benefits of student resource center since 1986

    January 7, 2026 0
    Setting processes and procedures for managing the agency’s Student Resource Center (SRC) and developing SRC performance goals, things that appeared to be lacking since the center’s inception, are among the corrective actions the federal deposit insurer has agreed to make [...]
  • CFPB adjusts HMDA, TILA asset-size thresholds for 2026

    January 7, 2026 0
    The asset-size thresholds for institutions subject to Home Mortgage Disclosure Act (HMDA) reporting and Truth in Lending Act (TILA) escrows (for higher-priced mortgage loans) are higher as of Wednesday, according to two Federal Register notices. The Consumer Financial Protection Bureau [...]
  • CFPB ends silence; provides ‘tips, reminders’ for 2026 HMDA filings

    January 6, 2026 0
    Reminders and tips for 2026 Home Mortgage Disclosure Act (HMDA) filings were issued Tuesday by the federal consumer financial protection agency, which also noted some updates to file locations. The Consumer Financial Protection Bureau (CFPB) noted that an upgrade has [...]
  • Fed: Former bank branch manager who took $27k from customer accounts is barred

    January 6, 2026 0
    A former branch manager of Regions Bank, Birmingham, Ala., who allegedly took money from customer accounts is barred from any future work in federally insured financial institutions under a consent order released Tuesday by the Federal Reserve Board. The Fed, [...]
  • Nearly half of all banks – 15 – are ‘outstanding’ in latest CRA ratings from OCC

    January 5, 2026 0
    Fifteen banks – out of 33 total — were awarded “outstanding” ratings for their compliance with rules implementing anti-redlining laws for evaluations that became public in December, the national bank regulator said Monday. No banks evaluated for their compliance with [...]
  • Trio of former credit union workers banned; agency claims one caused $720,000 loss over decade

    January 2, 2026 0
    Three former credit union workers were banned from further work at financial institutions by the federal regulator Dec. 31, including one who allegedly caused a nearly three-quarters of a million dollars loss over a 10-year period, the agency said. According [...]
  • Dearth of banks earning ‘outstanding’ CRA ratings, while two banks score ‘needs improvement’

    January 2, 2026 0
    While no banks in October earned ratings of “outstanding” for their compliance with anti-redlining rules, two banks earned “needs improvement” in their scores posted Friday by the federal bank deposit insurance agency. The Federal Deposit Insurance Corp. (FDIC) released the [...]

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