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What's up
  • [ June 1, 2026 ] Bad loans led to ‘significant’ losses, and capital corrosion, in failure of Chicago bank at year’s start NCUA
  • [ June 1, 2026 ] New senior deputy comptroller at OCC for regional, midsize banks OCC
  • [ June 1, 2026 ] Latest list of OCC’s CRA ratings includes 9 banks ‘outstanding,’ 9 ‘satisfactory’ OCC
  • [ May 29, 2026 ] Former CEO of failed $1 billion credit union prohibited by agency following 2018 conviction NCUA
  • [ May 29, 2026 ] 210 banks slated for CRA exams by FDIC over next two quarters FDIC
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Other

Federal panel posts FAQ on temporary appraisal waiver authority

December 19, 2019 0

The source and use of a federal appraisal panel’s temporary waiver authority regarding state appraisal programs are detailed in a frequently asked questions (FAQ) document published recently on the panel’s website. The Appraisal Subcommittee (ASC) […]

The Fed

Fed: Use of card, ACH payments grew faster from 2015-2018 than in previous period

December 19, 2019 0

The latest in the Federal Reserve’s series of triennial studies on payments shows continuing, faster growth in the overall use of “core” noncash payment types – credit and debit cards, automated clearinghouse (ACH) system, and […]

Other

Exam council releases CRA data entry software for CY 2019

December 19, 2019 0

Data entry software (DES) for 2019 Community Reinvestment Act (CRA) data – due March 2, 2020 – is now available, the Federal Financial Institutions Examination Council (FFIEC) said Thursday. The software, developed by the Federal […]

The Fed

NY branch of French bank agrees to overhaul risk management program

December 19, 2019 0

The New York branch of a French banking company has agreed to overhaul its risk management program following dealings over a seven-year period that violated affiliate transaction requirements, the Federal Reserve said Thursday. According to […]

OCC

Mortgage performance improves a bit at banks – but foreclosures inch up too

December 19, 2019 0

More than 96% of mortgages were current and performing at the end of the 2019 third quarter, a slight improvement from the same period in 2018 (at more than 95%), the federal regulator of national […]

Today

  • Bad loans led to ‘significant’ losses, and capital corrosion, in failure of Chicago bank at year’s start

    June 1, 2026 0
    Bad loans resulting in “significant” losses and thus the deterioration of the capital of a Chicago bank led it to become the first to fail in 2026, the federal deposit insurance agency said Monday. The office of inspector general (OIG) [...]
  • New senior deputy comptroller at OCC for regional, midsize banks

    June 1, 2026 0
    Benjamin Eddy is the senior deputy comptroller for regional and midsize financial institutions for the Office of the Comptroller of the Currency (OCC), the agency announced Monday. In that role, Eddy oversees the supervision of national banks and federal savings [...]
  • Latest list of OCC’s CRA ratings includes 9 banks ‘outstanding,’ 9 ‘satisfactory’

    June 1, 2026 0
    Half of the 18 banks whose ratings under the anti-redlining Community Reinvestment Act (CRA) became public in May were deemed “outstanding,” information released by the national bank regulator Monday shows. The other nine banks, the list from Office of the [...]
  • Former CEO of failed $1 billion credit union prohibited by agency following 2018 conviction

    May 29, 2026 0
    The former chief executive officer of a now-closed New York credit union has been prohibited from future service (becoming an “institution-affiliated party”) at any federally insured financial institution, the federal regulator said Friday. Alan S. Kaufman, the former CEO of [...]
  • 210 banks slated for CRA exams by FDIC over next two quarters

    May 29, 2026 0
    The federal bank deposit insurer has slated 210 banks for examinations under the anti-redlining Community Reinvestment Act (CRA) over the next two quarters, according to information released Friday by the agency. The Federal Deposit Insurance Corp. (FDIC), in a release, [...]

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