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What's up
  • [ October 30, 2026 ] Kansas bank ordered to pay $2.5 million penalty for not maintaining anti-money laundering program FDIC
  • [ October 30, 2026 ] Deposit insurer wants to rescind rule calling for detailed records, coverage calculations within 24 hours of failure FDIC
  • [ October 30, 2026 ] Two credit unions chartered by federal agency – first pair in 2026—to provide business loans, consumer services NCUA
  • [ October 30, 2026 ] 2 former TX, IL credit union employees barred by NCUA NCUA
  • [ October 28, 2026 ] NCUA proposed budget shows hike of 2.9% for 2027, op fee rate to drop NCUA
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OCC

Comptroller revises guidelines for seeking designations for CRA purposes

July 31, 2019 0

Guidelines for national banks, federal savings associations, and federal branches of foreign banking organizations seeking designations as a wholesale or limited purpose bank for Community Reinvestment Act (CRA) purposes, or requesting confirmation of an exemption […]

OCC

OCC realigns 150 staffers to consolidate supervision support, create two new units

July 31, 2019 0

A realignment of approximately 150 staff members to create two new units, consolidating bank supervision support, risk analysis, and oversight of national trust banks and significant service providers – all set to take effect Oct. 1 – […]

The Fed

‘Real-time payments’ decision soon, Fed chairman says; gives clue to partnership arrangement

July 31, 2019 0

A decision by the Federal Reserve in its involvement with a “real-time payment system” proposal will be made soon, the chairman of its board said Wednesday, noting the Fed received “overwhelmingly favorable” comments about that […]

CFPB

Comment period on permanent HMDA coverage thresholds reopened; comments due Oct. 15 to CFPB

July 31, 2019 0

Proposed changes released in May to set the coverage threshold for home loan data reporting at either 50 or 100 closed-end mortgage loans, in either of the two preceding years, and set the threshold for […]

NCUA

Credit union regulator makes public seven prohibitions and notices issued in July

July 31, 2019 0

Two former credit union employees were prohibited, and five others faced notices of prohibition, from the National Credit Union Administration (NCUA) in actions by the agency in July. In a release Wednesday, NCUA said that […]

Today

  • Kansas bank ordered to pay $2.5 million penalty for not maintaining anti-money laundering program

    October 30, 2026 0
    A Kansas bank must pay a $2.5 million civil money penalty (CMP) for its failure to maintain an effective anti-money laundering (AML) program, the federal bank deposit insurer said Friday. According to the Federal Deposit Insurance Corp. (FDIC), CBW Bank [...]
  • Deposit insurer wants to rescind rule calling for detailed records, coverage calculations within 24 hours of failure

    October 30, 2026 0
    A rule would be rescinded that requires banks with $2 million or more in deposits maintain detailed records and calculate deposit insurance coverage within 24 hours of a bank’s failure, under a proposal the federal bank deposit insurance agency issued [...]
  • Two credit unions chartered by federal agency – first pair in 2026—to provide business loans, consumer services

    October 30, 2026 0
    Two new credit union charters – the first such so far in 2026 – were announced Friday by the federal regulator, with the new cooperatives serving memberships on different sides of the country. The National Credit Union Administration (NCUA) said [...]
  • 2 former TX, IL credit union employees barred by NCUA

    October 30, 2026 0
    Two former employees of credit unions — one in Texas, the other in Illinois — are barred from any future service in federally insured depository institutions under prohibition orders announced Friday by the National Credit Union Administration (NCUA). The two [...]
  • NCUA proposed budget shows hike of 2.9% for 2027, op fee rate to drop

    October 28, 2026 0
    Growth in employee compensation, contracted services and administrative expenses for the National Credit Union Share Insurance Fund (NCUSIF) are the key factors behind the federal credit union regulator’s proposed 2027 budget of $325.4 million, the agency said. In its proposal [...]
  • FDIC names new COO with experience mostly from law enforcement agencies

    October 26, 2026 0
    A new chief operating officer (COO) for the federal bank deposit insurance agency has been named, who brings experience largely from law enforcement, the regulator said Monday. Five others were also named to senior positions, the Federal Deposit Insurance Corp. [...]
  • Interest rate risk report exposes some vulnerability for banks over longer term

    October 23, 2026 0
    Economic value of equity (EVE) is more vulnerable to interest rate increases than are other financial indicators, according to the latest interest rate risk statistics report issued Friday by the national bank regulator. According to the quarterly report (for fall [...]

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