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What's up
  • [ January 15, 2026 ] Banker prohibited after charges of embezzling more than $800k to allegedly cover foreign exchange bets OCC
  • [ January 15, 2026 ] Former Texas loan officer banned after allegations of mortgage fraud of at least $1.7 million The Fed
  • [ January 15, 2026 ] NCUA highlights risk-focused exams, lending, more in 2026 supervisory priorities letter NCUA
  • [ January 14, 2026 ] Economic activity picks up – but so do prices, as higher income buyers indulge, but lower income purchasers ‘price sensitive’ The Fed
  • [ January 14, 2026 ] FinCEN, Treasury FAQs attempt to clarify order aimed at Minnesota banks over fraud claims Other
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19nov20

NCUA

NCUA budget briefing over, but comments will be taken until Dec. 2

November 20, 2019 0

A Dec. 2 comment deadline is the next item in the timeline toward eventual approval of the 2020-2021 budget for the National Credit Union Administration (NCUA). The agency held a public briefing on the proposed […]

CFPB

Future of overdraft rule may be inching toward resolution, bureau regulatory agenda suggests

November 20, 2019 0

Overdraft protection may be coming up again soon at the federal consumer financial protection agency – but it’s not clear precisely when, according to the fall 2019 rulemaking agenda posted by the agency Wednesday. The […]

NCUA

NCUA general counsel McKenna retires, board appoints Kressman acting GC

November 20, 2019 0

Mike McKenna, general counsel for the National Credit Union Administration since 2011, has retired from the agency and will be replaced in “acting” capacity by Frank Kressman while a search for a replacement proceeds, the […]

OCC

OCC delays OREO rule effective date to January to comply with 1994 reg improvements law

November 20, 2019 0

A final rule issued in October on other real estate owned (OREO) by national banks and federal savings associations (FSAs) will take effect Jan. 1, 2020, instead of Dec. 1, 2019, the Office of the […]

CFPB

Bureau wants to hear about effectiveness of integrated disclosures required under TRID rule

November 20, 2019 0

Addressing the effectiveness of integrated disclosures required under federal regulations for real estate transactions is the subject of an assessment to be conducted by the federal consumer financial protection agency, the agency said Wednesday. In […]

The Fed

Fed raises Reg D reserve exemption amount to $16.9 million, ups low reserve tranche, for 2020

November 20, 2019 0

The reserve requirement exemption and low reserve tranche established under the Federal Reserve’s Regulation D and applied to banks, savings associations, and credit unions are being adjusted upward by about 4.3% and 3.4%, respectively, for […]

The Fed

Agencies OK SunTrust/BB&T merger  – but at cost of consent order for ‘unfair, deceptive practices,’ shedding branches, deposits

November 19, 2019 0

The merger between two banking giants from North Carolina and Georgia was approved by two federal banking agencies Tuesday – but it came at the cost of divestiture of branches and north of $2.4 billion […]

Today

  • Banker prohibited after charges of embezzling more than $800k to allegedly cover foreign exchange bets

    January 15, 2026 0
    A Union City, Calif., banker – alleged to have embezzled more than $800,000 from a Wells Fargo Bank branch over about eight months to cover bets on foreign exchange — has been prohibited from further service in federally insured financial [...]
  • Former Texas loan officer banned after allegations of mortgage fraud of at least $1.7 million

    January 15, 2026 0
    A former loan officer of a mortgage lender owned by a Texas bank holding company is now banned from working in a federally insured financial institution for allegedly originating fraudulent mortgage loans of at least $1.7 million, the Federal Reserve [...]
  • NCUA highlights risk-focused exams, lending, more in 2026 supervisory priorities letter

    January 15, 2026 0
    With a release reiterating the agency’s stance of “no regulation by enforcement,” the federal credit union regulator this week issued its 2026 supervisory priorities, addressing areas such as credit unions’ balance sheet management, rate sensitivity, payments system risks and more. [...]
  • Economic activity picks up – but so do prices, as higher income buyers indulge, but lower income purchasers ‘price sensitive’

    January 14, 2026 0
    Economic activity picked up over the last month – but so did prices, according to the latest gauge of the economy published Wednesday by the Federal Reserve. In its latest Beige Book, the Fed noted that overall economic activity rose [...]
  • FinCEN, Treasury FAQs attempt to clarify order aimed at Minnesota banks over fraud claims

    January 14, 2026 0
    “Frequently asked questions” (FAQs) about the order aimed at Minnesota financial institutions were released late Tuesday by the Treasury Departments anti-financial crimes arm. The FAQs address the “Geographic Targeting Order” (GTO) issued Jan. 9 by the Treasury, the Financial Crimes [...]

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