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What's up
  • [ April 3, 2026 ] Former banker prohibited after theft of funds used to replenish ATMs The Fed
  • [ April 3, 2026 ] One-member NCUA Board to hear briefings on several subjects – but take no action NCUA
  • [ April 3, 2026 ] CRA ratings list includes 3 banks deemed ‘outstanding,’ FDIC info shows FDIC
  • [ 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
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18oct26

FDIC

3 FIs to see deposit insurance terminated, 5 enforcements terminated, one CMP issued last month by FDIC; more

October 26, 2018 0

Of the 24 enforcement actions taken by the federal bank deposit insurance agency in September, three are orders to terminate federal deposit insurance by this year-end, according to information released Friday by the Federal Deposit […]

CFPB

Payday lending rules will be ‘reconsidered’ in January with new proposal, bureau states

October 26, 2018 0

Proposed rules that will “reconsider” its rules regarding payday lending are expected to be issued in January, the federal consumer financial protection agency said Friday. In a statement, the Bureau of Consumer Financial Protection (BCFP, […]

The Fed

Town halls on ‘faster payments’ proposals start Tuesday, continue in 11 other cities

October 26, 2018 0

A series of town halls focusing on Federal Reserve proposals to bring about real-time interbank settlement of faster payments in the United States gets underway Tuesday in Philadelphia (from 12-3) and follows up in 11 […]

The Fed

3 times in same month, Fed governors agree in face of Trump criticisms: We’ll keep doing our jobs

October 26, 2018 0

At least three times this month, leaders of the Federal Reserve Board have been asked in public forums to respond to criticism by President Donald Trump of the board’s actions on interest rates. And, at […]

FDIC

UPDATED: One more chance to comment on FDIC resolution plan requirements

October 26, 2018 0

Having received no challenge to its increase, by hundreds of thousands of hours, in the burden estimate for its resolution plan requirements for banks with $50 billion or more in assets, the federal bank deposit […]

FDIC

FDIC outlines relief for institutions in storm-hit areas in Wisconsin

October 25, 2018 0

Regulatory relief for banks and savings institutions in areas of Wisconsin affected by severe storms, tornadoes, straight-line winds, flooding and landslides in recent weeks is spelled out in a Financial Institution Letter issued Thursday by […]

Today

  • Former banker prohibited after theft of funds used to replenish ATMs

    April 3, 2026 0
    A former North Carolina banker was prohibited after pleading guilty to alleged embezzlement of more than $33,000, the Federal Reserve said Friday. In a release, the Fed said Mollie Morrow, a former sales representative for United Bank in Washington, N.C., [...]
  • One-member NCUA Board to hear briefings on several subjects – but take no action

    April 3, 2026 0
    Brokered and reciprocal deposits, and a deregulation plan, are on the agenda for a meeting of the one-member board of the federal credit union regulator set for April 9, the agency said late Thursday. The National Credit Union Administration (NCUA) [...]
  • CRA ratings list includes 3 banks deemed ‘outstanding,’ FDIC info shows

    April 3, 2026 0
    Three banks rated “outstanding” and 35 deemed “satisfactory” for their performance under the anti-redlining Community Reinvestment Act (CRA) were on the latest list of banks rated by the Federal Deposit Insurance Corp. (FDIC) in January. The list, released Friday, shows [...]
  • 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 [...]

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