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What's up
  • [ April 10, 2026 ] FDIC rescinds guidance on multiple re-presentment NSF fees FDIC
  • [ April 9, 2026 ] NCUA deregulation project expected to run all year, maybe into 2027 NCUA
  • [ April 9, 2026 ] Fed proposal: Banks, credit unions could use correspondents to send payments via FedNow The Fed
  • [ April 8, 2026 ] Proposed rule subjects stablecoin issuers to anti-money laundering regs, as mandated by GENIUS Other
  • [ April 7, 2026 ] Bank and credit union regulators, FinCEN propose AML/CFT rule changes that include larger FinCEN role FDIC
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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

  • FDIC rescinds guidance on multiple re-presentment NSF fees

    April 10, 2026 0
    Calling the guidance “overly broad in scope,” the federal bank deposit insurer on Friday rescinded a 2023 Financial Institution Letter (FIL) describing its supervisory approach to multiple nonsufficient funds (NSF) fees that occur when the same unpaid transaction is re-presented. [...]
  • NCUA deregulation project expected to run all year, maybe into 2027

    April 9, 2026 0
    A four-slide presentation related to Thursday’s National Credit Union Administration (NCUA) Board meeting shows the agency expects its deregulation project – which recently announced a ninth “phase” – to continue to late 2026 or early 2027. The meeting, held Thursday [...]
  • Fed proposal: Banks, credit unions could use correspondents to send payments via FedNow

    April 9, 2026 0
    The Federal Reserve Board proposes to permit U.S. banks and credit unions to use intermediaries to transfer funds through the FedNow Service, the board announced. In a release, the Fed said the measure, which would amend subpart C of Regulation [...]
  • Proposed rule subjects stablecoin issuers to anti-money laundering regs, as mandated by GENIUS

    April 8, 2026 0
    Providing an “appropriately tailored regime to mitigate potential illicit finance risks” with the use of payment stablecoins — while promoting “innovation” in the digital vehicles — is the aim of a proposed rule issued Wednesday by the Treasury and its [...]
  • Bank and credit union regulators, FinCEN propose AML/CFT rule changes that include larger FinCEN role

    April 7, 2026 0
    A rule that would, among other things, have federal bank and credit union regulators “consult” with the Financial Crimes Enforcement Network (FinCEN) on certain anti-money laundering/countering the financing of terrorism (AML/CFT) actions was issued Tuesday for a 60-day public comment [...]
  • GENIUS Act proposal for comment issued by FDIC

    April 7, 2026 0
    A proposed rule that addresses the applicability of pass-through insurance for stablecoins and tokenized deposits was issued for comment Tuesday by the federal bank deposit insurer. The Federal Deposit Insurance Corp. (FDIC) said the proposed rule would implement certain requirements [...]
  • FDIC, OCC ban use of reputation risk in supervising banks

    April 7, 2026 0
    A final rule to eliminate the use of reputation risk from programs for bank supervision was issued jointly Tuesday by two federal prudential banking regulators. The Federal Deposit Insurance Corp. (FDIC) – which approved the rule during its open board [...]
  • Groups would no longer be barred from credit union membership without buying service, product

    April 7, 2026 0
    Eligibility for credit union membership through an associational group would not be automatically denied solely because members of the group did not purchase a product or service of the institution under a proposal issued Tuesday by the federal regulator. The [...]

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