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What's up
  • [ July 31, 2026 ] Banks under $10 billion will reap significant easing of CRA rules under proposal FDIC
  • [ July 31, 2026 ] Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held The Fed
  • [ July 31, 2026 ] FDIC, Fed propose higher thresholds, indexes for lending to officers, other insiders FDIC
  • [ July 31, 2026 ] Former Wisconsin credit union worker prohibited by federal agency NCUA
  • [ July 30, 2026 ] Revised compliance guide lowers leverage ratio for community banks to 8% from 9% FDIC
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19mar20

CFPB

CFPB to propose debt collection rule this spring, Kraninger says

March 20, 2019 0

A notice of proposed rulemaking related to debt collection is planned for issuance in the spring of this year, the director of the Consumer Financial Protection Bureau (CFPB) stated in her message for the agency’s […]

Other

Home Loan Banks, to aid diversity on boards, need to collect better data, GAO finds

March 20, 2019 0

The regulator of the 11 Federal Home Loan Banks (FHLBs) – in an effort to improve diversity on the banks’ boards – should conduct a review on each bank’s processes for collecting gender and race/ethnicity […]

FDIC

Work on LIBOR alternatives noted in latest FDIC Supervisory Insights

March 20, 2019 0

The future of and alternatives to the London Inter-bank Offered Rate (LIBOR) is examined in an article published in the Federal Deposit Insurance Corp.’s (FDIC) Winter 2018 issue of Supervisory Insights, released Wednesday. LIBOR is […]

OCC

Federally chartered banks, thrifts affected by severe flooding in Central Plains, Midwest allowed to close, OCC says

March 20, 2019 0

National banks, federal savings associations (FSAs), and federal branches and agencies of foreign banks that are affected by the severe flooding in the Central Plains and Midwest are authorized to close under a proclamation issued […]

CFPB

Financial services complaints up 12% among servicemembers; credit, consumer reporting leads (again)

March 20, 2019 0

Complaints related to financial services were up 12% in 2018 among members of the U.S. armed services, veterans and their families, according to the latest “complaint snapshot” published Tuesday by the federal consumer financial protection […]

Today

  • Banks under $10 billion will reap significant easing of CRA rules under proposal

    July 31, 2026 0
    Smaller banks – those with $10 billion or less in assets – would receive significant easing of anti-redlining regulations under a joint proposal issued by the national bank regulator and federal bank deposit insurance agency announced Friday. Under the proposal, [...]
  • Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held

    July 31, 2026 0
    The capital framework for mutual savings banks – including increased flexibility to raise capital – would be “modernized,” and make it easier for the banks to convert to stock held, under a proposal issued Friday by the Federal Reserve, the [...]
  • FDIC, Fed propose higher thresholds, indexes for lending to officers, other insiders

    July 31, 2026 0
    Thresholds for certain lending limits for executive officers and other insiders of banks would be raised and indexed under a proposal issued Friday by the federal bank deposit insurance agency and the nation’s central bank. The Federal Deposit Insurance Corporation [...]
  • Former Wisconsin credit union worker prohibited by federal agency

    July 31, 2026 0
    A former worker at a Wisconsin credit union was prohibited by the federal regulator after being convicted in state court of misappropriating identification information, the agency said. Jordan L. McCarthy, according to the National Credit Union Administration (NCUA), a former [...]
  • Revised compliance guide lowers leverage ratio for community banks to 8% from 9%

    July 30, 2026 0
    An 8% leverage ratio requirement for community banks – down from 9% — is the key component of an updated compliance guide for the ratio’s framework, released Thursday by federal banking regulators. The lowered requirement for the community bank leverage [...]
  • Pair of bankers in different states prohibited after allegations of misappropriation of customer funds

    July 30, 2026 0
    Charges of misappropriation of customer funds at banks in Alabama and Montana have led to prohibitions of two former employees of the institutions, with their consent, the Federal Reserve said Thursday. In a release, the Fed said that Ralph A. [...]
  • Illinois bank, holding company, agree to enforcement action over shortcomings revealed in exam

    July 30, 2026 0
    Deficiencies in internal controls, risk management and more have led to an enforcement action against an Illinois bank and its holding company by the Federal Reserve, the agency said Thursday. According to the Fed, Iuka State Bank and its holding [...]
  • FinCEN seeks financial institutions’ aid in rooting out student-loan fraud

    July 27, 2026 0
    Financial institutions are encouraged to report suspicious account activity that could point to fraud targeting federal student aid programs, according to an alert from Treasury’s financial crimes enforcement unit. Friday, the Financial Crimes Enforcement Network (FinCEN) issued an alert on [...]
  • FDIC updates consumer compliance exam manual

    July 24, 2026 0
    Updates to violation codes, Truth in Lending Act (TILA) thresholds, Home Mortgage Disclosure Act (HMDA) loan-volume thresholds and more are reflected in the July iteration of the federal bank deposit insurer’s Consumer Compliance Examination Manual (CEM). The Federal Deposit Insurance [...]

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