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What's up
  • [ July 2, 2026 ] Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution The Fed
  • [ July 2, 2026 ] Agency promotes from within for leader to oversee supervisory data, systems OCC
  • [ July 1, 2026 ] Noncash payments up 300% overall since year 2000, led by debit cards, Fed study finds The Fed
  • [ June 30, 2026 ] Alert takes aim at ‘fiscal fuel theft’ over schemes by Mexican transnational smuggling groups Other
  • [ June 30, 2026 ] Foreclosures inch up, trading revenue surges, in first quarter at national banks OCC
Home19mar12

19mar12

CFPB

Unfair, deceptive practices in auto loan and mortgage servicing, more noted in CFPB Supervisory Highlights

March 12, 2019 0

Findings of unfair and deceptive or abusive acts or practices connected to auto loan servicing, deposits, mortgage servicing, and remittances are described in the winter 2019 edition of the Consumer Financial Protection Bureau (CFPB) Supervisory […]

NCUA

NCUA reforms were achieved through a nonpartisan approach, McWatters, Metsger tell CU group

March 12, 2019 0

The two members of the board that guides the federal regulator of credit unions on Tuesday credited their ability to work together in a nonpartisan fashion with the reforms the agency has achieved in recent […]

FDIC

Conference strives to define, understand ‘fintech’ impact on banking future

March 12, 2019 0

With the formation of its “office of innovation” and the apparent imminent introduction of a “tech lab” as background, the federal insurer of bank deposits plans a “fintech and the future of banking” conference next […]

CFPB

Kraninger’s ‘open mind’ on payday lending proposal meets Democrats’ closed ranks of ire in Senate hearing

March 12, 2019 0

Despite saying she has an “open mind” about a proposed rule on payday lending, the director of the federal consumer financial protection agency faced a flurry of questions from Democratic senators in a hearing Tuesday […]

The Fed

Brainard, in speech, notes potential CRA rule changes for assessment areas, more

March 12, 2019 0

Federal Reserve Board Gov. Lael Brainard on Tuesday reiterated the importance of the Community Reinvesment Act’s (CRA) focus on place and noted ideas offered for CRA rule changes that could include expanded assessment areas once […]

The Fed

Two former Goldman Sachs execs banned permanently from banking for alleged scheme to divert billions

March 12, 2019 0

Two former senior employees of a Wall Street giant were prohibited permanently from participating in the affairs of a bank Tuesday after participating in an alleged scheme to divert billions from a Malaysian sovereign wealth […]

FDIC

More work still ahead on proposed changes for ‘Volcker rule’; fintech lab on verge of debuting

March 12, 2019 0

More work still has to be done to make proposed changes to the “Volcker Rule” so that banks have more certainty, including what types of trading are prohibited under the regulation, the chairman of the […]

Today

  • Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution

    July 2, 2026 0
    A Lenexa, Kansas, bank is “significantly undercapitalized” and has adopted a prompt corrective action directive prepared by the Federal Reserve, the agency said Thursday. Small Business Bank of Lenexa adopted the prompt corrective action directive after being found undercapitalized by [...]
  • Agency promotes from within for leader to oversee supervisory data, systems

    July 2, 2026 0
    Supervisory data, systems, reports and analytics, in support of supervision objectives and the national bank regulator’s mission, will be the responsibility of Jamie Wilds, the agency announced Thursday. In a release, the Office of the Comptroller of the Currency (OCC) [...]
  • Noncash payments up 300% overall since year 2000, led by debit cards, Fed study finds

    July 1, 2026 0
    The number of noncash payments has more than tripled since 2000, with debit cards now accounting for most card payments, which were the leaders overall in the noncash transactions, the Federal Reserve said Wednesday. In its initial findings from the [...]
  • Alert takes aim at ‘fiscal fuel theft’ over schemes by Mexican transnational smuggling groups

    June 30, 2026 0
    Fiscal fuel theft – otherwise known as fuel smuggling – is targeted in an alert issued Tuesday by Treasury’s financial crimes enforcement unit to combat Mexican tax evasion through smuggling of U.S. fuel, the agency said. The Treasury’s Financial Crimes [...]
  • Foreclosures inch up, trading revenue surges, in first quarter at national banks

    June 30, 2026 0
    Foreclosures were up for first-lien mortgages in the first quarter of the year – but down from the same point a year ago – and trading revenue was up from the previous quarter, the national bank regulator said Tuesday. In [...]
  • Agencies release neighborhood lists where bank activities may be eligible for CRA credit

    June 30, 2026 0
    The 2026 list of neighborhoods where certain bank activities are eligible for Community Reinvestment Act (CRA) credit was released Tuesday by federal banking agencies, which includes distressed or underserved nonmetropolitan middle-income geographies. According to the agencies, the list covers the [...]

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