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What's up
  • [ April 2, 2026 ] Comptroller promotes two to positions overseeing bank chartering, policies activities OCC
  • [ April 2, 2026 ] Small PA credit union closed after regulator found it was ‘insolvent, no prospect’ for viable operations NCUA
  • [ April 1, 2026 ] Comptroller withdraws guidelines on recovery planning for larger banks; cites achieving goal of erasing ‘unnecessary regulatory burden’ OCC
  • [ April 1, 2026 ] TIL, EFT, flood insurance lead FDIC consumer compliance supervisory highlights; EFT moves higher in list FDIC
  • [ April 1, 2026 ] Bank trading revenue at $14.9 billion in Q4 2025, OCC says; down from Q3 and from year ago OCC
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18dec19

The Fed

Fending off Trump criticisms, Powell says political considerations ‘play no role’ in rate discussions

December 19, 2018 0

The Federal Reserve will continue to go about its business and not be distracted by political considerations, the chairman of the central bank’s board said Wednesday in backing the independence of his agency. He also […]

FDIC

FDIC sets final brokered deposits rule under EGRRCPA; issues ANPR as part of comprehensive reg review

December 19, 2018 0

A final rule excepting a capped amount of some federally insured banks’ reciprocal deposits from treatment as brokered deposits is set to take effect 30 days after it’s published in the Federal Register, the federal […]

CFPB

Fintech lenders need more guidance on use of alternative data, GAO finds

December 19, 2018 0

While alternative data is helpful for financial technology, or “fintech,” companies to use in determining borrowers’ creditworthiness, the Consumer Financial Protection Bureau and the federal banking agencies should communicate with these lenders about how to […]

FDIC

EGRRCPA-driven changes to stress-test rules proposed by FDIC, OCC

December 19, 2018 0

All federally supervised banks and savings associations that have less than $250 billion in assets would be exempt from regulators’ company-run stress test requirements under proposed rules issued Tuesday to implement provisions of this year’s […]

NCUA

For 1st time since ’06, bank insurer hopes to end year with 0 failures; CU insurer hopes for status quo

December 19, 2018 0

With less than two weeks left in the year, officials at the federal insurer of deposits in banks are keeping their fingers crossed that a “zero sum” will continue undisturbed. Meanwhile, over at the federal […]

CFPB

Asserting leadership (and picking battles), new consumer bureau director unplugs name change plan of predecessor

December 19, 2018 0

Possibly in a move to pick her battles, the new director of the federal consumer financial protection agency Wednesday told her staff that she was pulling the plug on a name change instituted by her […]

FDIC

FDIC adopts final rule allowing optional ‘phase-in’ of CECL for regulatory capital

December 19, 2018 0

A final rule allowing a three-year phase-in of new accounting rules to ease the impact for banks on regulatory capital requirements was approved by the Federal Deposit Insurance Corp. (FDIC) Board Tuesday. The final rule […]

Today

  • Comptroller promotes two to positions overseeing bank chartering, policies activities

    April 2, 2026 0
    Policies and “executive direction” on federal bank applications, chartering, and corporate activities, policies, processes, and requirements will be set by two executives at the national bank regulator, the agency said Thursday. Jason Almonte and Sebastian Astrada have been promoted to [...]
  • Small PA credit union closed after regulator found it was ‘insolvent, no prospect’ for viable operations

    April 2, 2026 0
    A small Pennsylvania credit union was liquidated after the federal regulator found it “was insolvent and had no prospect for restoring viable operations,” the agency said late Wednesday. Copper & Glass Federal Credit Union (FCU) in Glassport, Penn., was closed [...]
  • Comptroller withdraws guidelines on recovery planning for larger banks; cites achieving goal of erasing ‘unnecessary regulatory burden’

    April 1, 2026 0
    Recovery planning guidelines will be rescinded for some large banks under a final rule issued Wednesday by the national bank regulator. The rule takes effect 30 days after its publication in the Federal Register, the Office of the Comptroller of [...]
  • TIL, EFT, flood insurance lead FDIC consumer compliance supervisory highlights; EFT moves higher in list

    April 1, 2026 0
    Violations of truth-in-lending, electronic fund transfer and flood insurance regulations were among the top consumer regulatory abuses reported by bank in 2025, the federal bank deposit insurance agency said Wednesday. In its semi-annual report on consumer compliance supervision for last [...]
  • Bank trading revenue at $14.9 billion in Q4 2025, OCC says; down from Q3 and from year ago

    April 1, 2026 0
    U.S. commercial banks had $14.9 billion in cumulative trading revenue in the fourth quarter of 2025 – down $2.9 billion, or 16.3%, from the previous quarter and $680 million, or 4%, from a year earlier, the Office of the Comptroller [...]
  • 4 banks rated ‘outstanding’ for CRA, OCC says; other 14 are ‘satisfactory’

    April 1, 2026 0
    Four of the 18 banks that received Community Reinvestment Act (CRA) evaluation ratings in March from the national bank regulator were deemed “outstanding,” with the remaining 14 rated “satisfactory,” according to information released Wednesday. The four “outstanding” ratings under the [...]
  • Two former credit union workers prohibited after convictions for fraud, theft

    April 1, 2026 0
    Theft and bank fraud convictions has led to the prohibition of two former credit union workers, the federal agency announced Tuesday. The National Credit Union Administration (NCUA) said Jacqueline Burns, former employee of Galveston Government Employees Credit Union in La [...]

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