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What's up
  • [ April 13, 2026 ] 4 named to senior leadership posts at FDIC FDIC
  • [ 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
Home19oct11

19oct11

OCC

Citibank hit with $30 million penalty for OREO-related violations

October 11, 2019 0

Citibank’s repeated violations of the statutory holding period for other real estate owned (OREO) resulted in a civil money penalty assessment of $30 million against the bank, imposed through a consent order with the Office […]

The Fed

Fed plans open market operations to keep reserves ample and support monetary policy

October 11, 2019 0

The monetary policy setting arm of the Federal Reserve Board on Friday announced the central bank’s plans for open market operations – purchases of Treasury bills and the conduct of term and overnight repurchase agreement […]

The Fed

Fed’s top international finance staffer to step down next year

October 11, 2019 0

The Federal Reserve’s director of international finance is stepping down after service of 34 years at the central bank, the agency said Friday. Steven B. Kamin, director of the Division of International Finance, will stand […]

CFPB

Based on 50-plus year-old model, Bureau to set up task force to ‘strengthen, improve’ consumer protection law, rules

October 11, 2019 0

A taskforce to examine ways to harmonize and modernize federal consumer financial laws is being established by the federal consumer financial protection agency, with the intent, the agency said Friday, of strengthening and improving consumer […]

FDIC

Letter reminds that call reports due by month’s end – including first ‘streamlined’ reporting for smaller institutions

October 11, 2019 0

Call reports for the third quarter are due by Oct. 30, the federal insurer of bank deposits told insured institutions Friday in a letter. The Federal Deposit Insurance Corp. (FDIC), in Financial Institution Letter (FIL) […]

Today

  • 4 named to senior leadership posts at FDIC

    April 13, 2026 0
    Four individuals were appointed to senior leadership positions by the federal bank deposit insurer, the agency said Monday. The Federal Deposit Insurance Corp. (FDIC) said Benjamin Olson was appointed director of the agency’s Division of Depositor and Consumer Protection (DCP). He [...]
  • 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. [...]

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