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What's up
  • [ May 7, 2026 ] New AI products on market present possible risks, benefits agency advises in latest ‘Risk Perspective’ OCC
  • [ May 7, 2026 ] Regulator takes control of Jackson, Miss., credit union citing ‘unsafe, unsound practices’ NCUA
  • [ May 6, 2026 ] In latest ‘deregulation,’ credit union regulator proposes to match banks on prohibition thresholds for management interlocks NCUA
  • [ May 5, 2026 ] Loan demand remains flat in most cases, as lending standards stay tight, survey finds The Fed
  • [ May 5, 2026 ] Latest CRA rating list shows banks doing well in complying with anti-redlining rules FDIC
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18dec31

NCUA

Former CU worker faces prohibition in addition to prison time, $460K restitution

December 31, 2018 0

A former credit union employee who was sentenced to four months’ prison time and ordered to pay more than $460,000 in restitution has been prohibited from participating in the affairs of any federally insured financial […]

CFPB

Consumer bureau workers like their jobs, value agency mission – but not necessarily ‘senior leadership’ policies, integrity

December 31, 2018 0

More than four in every five of the workers at the federal consumer financial protection agency acknowledge that the work they do is important (and a similar number say they like the work that they […]

The Fed

UPDATED: Flood insurance guidance aims to help banks, savings institutions keep their heads above water during shutdown

December 28, 2018 0

Even though the National Flood Insurance Program (NFIP) is unavailable because of the partial federal government shutdown, banks, savings and loan institutions and others can still make loans, the federal banking regulators said in a […]

Today

  • New AI products on market present possible risks, benefits agency advises in latest ‘Risk Perspective’

    May 7, 2026 0
    A sound understanding of artificial intelligence (AI) possible risks — and benefits — that can assist with cybersecurity functions are among the top threats and opportunities facing banks, according to a report issued by the national bank regulator Thursday. In [...]
  • Regulator takes control of Jackson, Miss., credit union citing ‘unsafe, unsound practices’

    May 7, 2026 0
    “Unsafe and unsound practices” at a $162 million-in-assets Jackson, Miss., credit union led to its conservatorship by the federal regulator, the agency said late Wednesday. Jackson Area Federal Credit Union (FCU) counts 15,500-plus members, the National Credit Union Administration (NCUA) [...]
  • In latest ‘deregulation,’ credit union regulator proposes to match banks on prohibition thresholds for management interlocks

    May 6, 2026 0
    The major assets prohibition threshold for credit union management interlocks would be raised to $10 billion – a four-fold increase from the current threshold of $2.5 billion, and matching that of bank regulations – under the latest “deregulation” proposal issued [...]
  • Loan demand remains flat in most cases, as lending standards stay tight, survey finds

    May 5, 2026 0
    There was no uptick in demand for most loans, and lending standards remained tight, in the first quarter according to survey results released Monday by the Federal Reserve. The agency said results of its April 2026 Senior Loan Officer Opinion [...]
  • Latest CRA rating list shows banks doing well in complying with anti-redlining rules

    May 5, 2026 0
    Eight banks, out of 46 total, earned “outstanding” ratings from the federal bank deposit insurance agency for their compliance with rules implementing anti-redlining laws, the agency said Tuesday. The ratings, the Federal Deposit Insurance Corp. (FDIC) said, were for banks [...]

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