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What's up
  • [ February 27, 2026 ] New bank for investment firm Edward Jones wins federal insurance for Utah industrial charter FDIC
  • [ February 27, 2026 ] OCC: Final rule clarifies national trust banks may engage in non-fiduciary activities OCC
  • [ February 27, 2026 ] Former tellers prohibited following scheme to launder illicit drug proceeds through bank’s vault FDIC
  • [ February 27, 2026 ] NCUA bars 5 former credit union employees from future FI service NCUA
  • [ February 27, 2026 ] FDIC, OCC release Q2, Q3 CRA evaluation schedules 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

  • New bank for investment firm Edward Jones wins federal insurance for Utah industrial charter

    February 27, 2026 0
    An investment firm with more than $2.2 trillion in assets under management has been awarded deposit insurance for a new industrial bank it has chartered in Salt Lake City, the federal bank deposit insurance agency said Friday. According to the [...]
  • OCC: Final rule clarifies national trust banks may engage in non-fiduciary activities

    February 27, 2026 0
    A final rule that aligns regulatory language with related language in underlying statute clarifies that national trust banks may engage in non-fiduciary activities, the national bank regulator announced in a bulletin Friday. The final rule, effective April 1, was issued [...]
  • Former tellers prohibited following scheme to launder illicit drug proceeds through bank’s vault

    February 27, 2026 0
    Two Indiana bankers – who both worked for the same bank in Covington, Ind. – were prohibited from further work in a financial institution after pleading guilty to laundering more than $1.6 million of illicit drug sales proceeds, the federal [...]
  • NCUA bars 5 former credit union employees from future FI service

    February 27, 2026 0
    Five former employees of credit unions are permanently barred from future service in any federally insured depository institution under one consent order and four notices of prohibition announced Friday. The release by the National Credit Union Administration (NCUA) said the [...]
  • FDIC, OCC release Q2, Q3 CRA evaluation schedules

    February 27, 2026 0
    Nearly 400 banks are slated for evaluations under the anti-redlining Community Reinvestment Act (CRA) over the following two calendar quarters, according to schedules released Friday. Both the Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the [...]
  • OCC issues GENIUS proposal of its own, catching up with other regulators

    February 26, 2026 0
    Months after another federal banking regulator – and the federal credit union regulator — issued a proposal to implement new laws allowing banks to issue stablecoins through subsidiaries, the national bank regulator has now done the same, it said late [...]
  • FinCEN solicits nominations to BSA advisory panel

    February 25, 2026 0
    Treasury’s financial crimes enforcement arm is seeking nominations of eligible organizations – including smaller financial institutions subject to the Bank Secrecy Act (BSA) and entities that can share insights on BSA framework modernization and implementation of the GENIUS Act – [...]

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