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What's up
  • [ December 3, 2025 ] OCC names former federal prosecutor as deputy chief counsel; will advise on legal, policy, administration OCC
  • [ December 3, 2025 ] Misuse of confidential debit card information leads to Ohio banker’s prohibition The Fed
  • [ December 2, 2025 ] Bureau’s consumer advisory group to meet on fair lending/debanking CFPB
  • [ December 2, 2025 ] NCUA OIG report: 6 credit union failures cost NCUSIF $18.4 million; 2 due to fraud NCUA
  • [ December 1, 2025 ] Considering House report on crypto ‘debanking,’ agency vows to keep investigating big banks OCC
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19may21

FDIC

Agencies bring forward proposal, comment request, on reg capital requirements for mid-sized holding companies of FBOs

May 21, 2019 0

A proposal to determine the application of regulatory capital requirements for intermediate-sized holding companies of foreign banking organizations (FBOs) is set to be published Friday by the federal banking agencies. Comments will be due June […]

OCC

Does your business have a bank account? OCC wants Congress to require info on who owns the entity under ‘beneficial ownership’

May 21, 2019 0

Congress should establish a consistent, nationwide requirement that legal entities provide and update accurate beneficial ownership information, a top official of the regulator of national banks told a Senate committee Tuesday. In testimony before the […]

NCUA

Agency charters first new federal credit union of 2019 (matching 2018 tally)

May 21, 2019 0

The first federal credit union chartered in 2019 is now on the books, according to the federal regulator of the financial cooperatives, with service anticipated to 4,200 members and a variety of small businesses related […]

The Fed

Fed chair (again) points to business debt as possible trouble spot, but stops short of citing risk to financial stability

May 21, 2019 0

While rising business debt does not elevate risk to financial system stability, the level of debt could stress borrowers if the economy weakens, the chairman of the Federal Reserve Board said Monday. In a speech […]

CFPB

Consumer bureau’s consumer advisory board, bank and CU advisory councils, scheduled to meet June 5-6

May 21, 2019 0

Meetings of advisory councils and board of the federal consumer financial protection agency are on tap for next month, according to notices set for publication as early as Wednesday. In filings with the Federal Register […]

NCUA

Credit unions will begin receiving $160 million payout from regulator this week

May 21, 2019 0

More than 5,500 credit unions are beginning to receive statements this week showing their share of a $160 million payout by their federal regulator of excess funds from the federal insurance fund for the cooperative […]

Today

  • OCC names former federal prosecutor as deputy chief counsel; will advise on legal, policy, administration

    December 3, 2025 0
    Advice to senior national bank regulator officials on significant legal, policy and administrative matters affecting the federal banking system will be among the duties of Brian P. Hudak, named new deputy chief counsel of the agency, it said Wednesday. The [...]
  • Misuse of confidential debit card information leads to Ohio banker’s prohibition

    December 3, 2025 0
    A former Ohio banker has consented to her prohibition from serving in a financial institution in the future after allegedly obtaining confidential customer information, including debit card information, the Federal Reserve said Wednesday. The Fed said Tahjanae Richardson, a former [...]
  • Bureau’s consumer advisory group to meet on fair lending/debanking

    December 2, 2025 0
    The Dec. 10 afternoon meeting of the Consumer Financial Protection Bureau’s (CFPB) Consumer Advisory Board (CAB) will be preceded that morning with one addressing fair lending/debanking, according to a notice on the agency’s website. The CAB is scheduled to meet [...]
  • NCUA OIG report: 6 credit union failures cost NCUSIF $18.4 million; 2 due to fraud

    December 2, 2025 0
    Total losses to credit unions’ federal share insurance fund due to credit union failures amounted to about $18.4 million from April through September, according to a recent inspector general semiannual report supplied to Congress. The National Credit Union Administration (NCUA) [...]
  • No changes for ‘26 assessment rates at OCC, continuing decrease made in fall

    December 1, 2025 0
    No changes for assessment rates are on tap for 2026 by the national bank regulator, which will continue the reduced rate adopted in September, the agency said Monday. The Office of the Comptroller of the Currency (OCC) said the new [...]
  • Agencies, in effort to streamline call reports, look for sources of ‘reporting burden’

    December 1, 2025 0
    Sources of regulatory reporting burden for banks that file call reports are being sought by the federal banking agencies, they said in joint communications Monday, in an effort aimed at streamlining the quarterly reports. “This request for information (RFI) offers [...]
  • 8 banks ‘outstanding,’ 24 ‘satisfactory’ in OCC’s latest CRA ratings list

    December 1, 2025 0
    Eight banks deemed “outstanding” and 24 “satisfactory” for their performance under the anti-redlining Community Reinvestment Act (CRA) make up the list of institutions whose ratings became public in November, the Office of the Comptroller of the Currency (OCC) said Monday. [...]

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