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What's up
  • [ May 8, 2025 ] OCC restores previous merger act rules; comments due in 30 days OCC
  • [ May 7, 2025 ] Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles OCC
  • [ May 6, 2025 ] ‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered CFPB
  • [ May 5, 2025 ] OCC’s RFI asks about obstacles to community banks going digital OCC
  • [ May 5, 2025 ] FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’ FDIC
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FIs affected by CA fires urged to contact FinCEN, regulators regarding delayed filings

November 19, 2018 0

Financial institutions affected by the California wildfires are encouraged to contact their functional regulators as well as the Financial Crimes Enforcement Network (FinCEN) “as soon as practicable” to discuss any delays in their ability to […]

NCUA

$745 million NCUSIF loss from 6 CU failures through September, agency says

November 19, 2018 0

The federal regulator of credit unions said in a release Friday that the $744.9 million in loss to the credit union federal share insurance fund in the in the first three quarters of 2018, resulting […]

FDIC

3rd quarter bank, thrift earnings to be announced at Tuesday briefing by FDIC

November 19, 2018 0

Bank and thrift industry earnings for the third quarter will be announced at a Tuesday press briefing scheduled by the Federal Deposit Insurance Corp. (FDIC). FDIC Board Chairman Jelena McWilliams is scheduled to present the […]

FDIC

Agencies issue joint notice on proposal to expand scope of ‘streamlined’ call report filing

November 19, 2018 0

Notices of a proposal to expand the scope of financial institutions and firms that file “streamlined” versions of call reports were issued by the three federal banking agencies to the firms they supervise Monday. In […]

The Fed

French bank slapped with $81 million fine for violating U.S. sanctions against Cuba

November 19, 2018 0

A fine of more than $81 million was assessed against a French bank Monday by the Federal Reserve for violations of U.S. sanctions against Cuba. In a release, the Federal Reserve said a fine of […]

Other

Webinar on LIBOR transition slated Dec. 6 by exam council

November 19, 2018 0

The uncertain future of LIBOR – the London Interbank Offered Rate – and efforts to develop alternative reference rates to serve in its place will be discussed during a Dec. 6 webinar held by the […]

Today

  • OCC restores previous merger act rules; comments due in 30 days

    May 8, 2025 0
    The national bank regulator is restoring its pre-2024 business combinations rule under the Bank Merger Act (BMA), undoing the rule adopted last September and also rescinding its related policy statement. The changes by the Office of the Comptroller of the [...]
  • Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles

    May 7, 2025 0
    National banks and federal savings associations may buy and sell crypto assets held in custody, the national bank regulator confirmed Wednesday in an interpretive letter. The Office of the Comptroller of the Currency (OCC) said the banks may transact the [...]
  • ‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered

    May 6, 2025 0
    Enforcement of last year’s interpretive rule on “buy now, pay later” loans will not be prioritized and could be rescinded in the future, the Consumer Financial Protection Bureau (CFPB), the bureau said Tuesday. As with other rules the bureau has [...]
  • OCC’s RFI asks about obstacles to community banks going digital

    May 5, 2025 0
    Questions about the key challenges and barriers faced by community banks in adopting and implementing digital banking solutions are posed in a request for information (RFI) announced Monday by the national banking regulator. The Office of the Comptroller of the [...]
  • FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’

    May 5, 2025 0
    Of the 64 banks assigned ratings under the federal anti-redlining statute this February, three were rated “outstanding” and 2 were rated “needs to improve,” the federal bank deposit insurer said Monday. The remaining 57 banks were deemed “satisfactory” under the [...]
  • Enforcement of ECOA small-business loan data collection deprioritized at CFPB

    May 1, 2025 0
    Add the agency’s Equal Credit Opportunity Act (ECOA) small-business loan data collection rule to those the Consumer Financial Protection Bureau (CFPB) won’t be going out of its way to enforce. The bureau said Wednesday that in light of a stay [...]
  • Nearly half of 25 banks evaluated in April by OCC earn ‘outstanding’ CRA ratings

    May 1, 2025 0
    About half of banks – out of 25 total – earned “outstanding” ratings for their compliance with anti-redlining regulations during April, the regulator of national banks said Thursday. In its latest monthly release of ratings for compliance with Community Reinvestment [...]
  • Texas commissioner re-elected as chair of state liaison committee to Exam Council

    May 1, 2025 0
    The Texas commissioner of banking will serve as the chair of the state regulator liaison committee for another year to the umbrella group of federal financial institution regulators, the agency announced Thursday. Charles G. Cooper, commissioner of the Texas Department [...]

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