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What's up
  • [ December 19, 2025 ] Debit, prepaid card transactions slowed down in 2021-23 – but interchange fees grew, Fed report finds The Fed
  • [ December 19, 2025 ] Fed wants comments on new payment account, ‘tailored’ to meet ‘limited needs’ of banks, credit unions The Fed
  • [ December 19, 2025 ] Banks’ Q3 trading revenue up 12.7% over year ago, OCC reports OCC
  • [ December 19, 2025 ] Agency releases latest version of CECL accounting tool for use by small credit unions NCUA
  • [ December 18, 2025 ] NCUA 2026 budget set at $316.2 million, down 20% from 2025 NCUA
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19mar04

FDIC

Agency unveils online resource for consumers to check up on complaints against financial institutions

March 4, 2019 0

A new, online information and support center where consumers can check the status of inquiries or complaints they have made against a federally insured bank or thrift was unveiled Monday by the Federal Deposit Insurance Corp. […]

Seminar
FDIC

Papers sought for FDIC 2019 consumer research symposium; papers due June 3

March 4, 2019 0

The federal bank deposit insurer on Monday invited authors to submit research papers for the agency’s 9th Annual FDIC Consumer Research Symposium, set to be held Oct. 18 at the agency’s facilities in Arlington, Va. […]

CFPB

In response to last year’s reg relief law, bureau proposes ‘PACE’ financing rules

March 4, 2019 0

A proposal to prescribe regulations on residential “Property Assessed Clean Energy (PACE)” financing was issued Monday by the federal consumer financial protection agency, as required under regulatory relief legislation enacted in May 2018. The Consumer […]

OCC

With no comments on appraisal complaint form received, agency tries again with second 60-day period

March 4, 2019 0

Comments on whether to consider changing a form for gathering and reporting complaints about appraisals will be due in early May after a previous comment period generated no comments at all, according to filings published […]

CFPB

Following this week’s House panel session, Senate sets March 12 for semi-annual review of consumer bureau

March 4, 2019 0

The Senate will have its own turn with the federal consumer financial protection agency when it holds an oversight hearing next week, featuring the group’s new director. Kathleen (“Kathy”) Kraninger, the director of the Consumer […]

Today

  • Debit, prepaid card transactions slowed down in 2021-23 – but interchange fees grew, Fed report finds

    December 19, 2025 0
    Debit and general-use prepaid card transactions grew at a slower rate in the period 2021-23 than previous periods, the Federal Reserve said Friday, and interchange fees have been rising. In its biennial, statutorily mandated report on debit card transactions, summarizing [...]
  • Fed wants comments on new payment account, ‘tailored’ to meet ‘limited needs’ of banks, credit unions

    December 19, 2025 0
    A new “payment account” — tailored to meet the limited needs of eligible financial institutions seeking payments and settling services – is being considered by the Federal Reserve, and the agency said Friday it wants comments on the idea. In [...]
  • Banks’ Q3 trading revenue up 12.7% over year ago, OCC reports

    December 19, 2025 0
    U.S. commercial banks and savings associations had $18.4 billion in cumulative trading revenue in the third quarter of this year – $1.8 billion (10.9%) more than the previous quarter and $2.1 billion (12.7%) more than a year ago, the national [...]
  • Agency releases latest version of CECL accounting tool for use by small credit unions

    December 19, 2025 0
    The latest version of a tool for navigating current expect credit loss (CECL) accounting requirements for small, complex credit unions was released Thursday by the federal credit union regulator as part of a quarterly update. The tool is an option, [...]
  • NCUA 2026 budget set at $316.2 million, down 20% from 2025

    December 18, 2025 0
    The combined budgets of the National Credit Union Administration (NCUA) in 2026 will total $316.15 million, about $2.36 million more than proposed but 20% below the agency’s 2025 budget, according to action apparently taken Wednesday and announced in Thursday’s open [...]
  • NCUSIF still expected to close 2025 at 1.3%

    December 18, 2025 0
    No change in the projected year-end equity ratio of the National Credit Union Share Insurance Fund (NCUSIF) is offered in the latest briefing on the fund, provided during Thursday’s open meeting of the National Credit Union Administration (NCUA) Board. The [...]
  • Expecting rule change at Fed, agencies say they will no longer issue annual notice warning of insider lending restrictions

    December 18, 2025 0
    Two federal banking agencies will no longer issue an annual letter to banks outlining their expectations for compliance with insider lending restrictions and related reporting requirements, an effort toward “greater certainty,” they said in a joint letter issued Thursday. Instead, [...]
  • Comptroller terminates six enforcement actions, including one against Citibank

    December 18, 2025 0
    A 2024 amendment to an earlier consent order against Citibank, N.A., was among six terminations of orders issued by the national bank regulator in December and released Thursday. The order terminations were the only enforcements reported by the Office of [...]
  • Agency decides to clear the books of bulletins, other issuances made over 40-year period

    December 18, 2025 0
    Fifty-five outdated or replaced bulletins and other issuances – including advisory letters, circulars, and more — were rescinded by the national bank regulator Thursday; the issuances were published over a 40-year period, the regulator said. In addition, the Office of [...]

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