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What's up
  • [ January 23, 2026 ] ‘Repurposing’ of ‘unspent, past years’ budgets’ leads to lower credit union fees to fund agency NCUA
  • [ January 23, 2026 ] Small CA credit union conserved by NCUA NCUA
  • [ January 22, 2026 ] NCUA proposes allowing FCUs to reimburse volunteer officials for dependent care costs NCUA
  • [ January 22, 2026 ] Credit union regulator notes 12% decrease in liquidity facility budget for 2026 NCUA
  • [ January 22, 2026 ] Ford, GM Utah-chartered industrial banks receive conditional deposit insurance coverage FDIC
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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

  • ‘Repurposing’ of ‘unspent, past years’ budgets’ leads to lower credit union fees to fund agency

    January 23, 2026 0
    Fees paid by credit unions in 2026 to fund their federal regulator will fall by an average of 24.6%, the agency said Friday, calling this the result of reductions in staffing, rearrangement of expenses and crediting of “unspent collections” of [...]
  • Small CA credit union conserved by NCUA

    January 23, 2026 0
    The $16.5 million-in-assets Beverly Hills City Employees Federal Credit Union, Beverly Hills, Calif., was conserved Thursday by the National Credit Union Administration (NCUA), the agency said in a release. In its announcement late Thursday, the NCUA said member services will [...]
  • NCUA proposes allowing FCUs to reimburse volunteer officials for dependent care costs

    January 22, 2026 0
    A proposal that would permit reimbursement or direct payment to federal credit union volunteer officials for dependent care was discussed Thursday during an open meeting of the National Credit Union Administration Board, which currently includes only Chairman Kyle Hauptman. The [...]
  • Credit union regulator notes 12% decrease in liquidity facility budget for 2026

    January 22, 2026 0
    The federal liquidity facility for credit unions will have a budget of about $2.032 million in 2026 and $2.093 million in 2027, according to information released Thursday for the federal credit union regulator’s open board meeting. The 2026 budget for [...]
  • Ford, GM Utah-chartered industrial banks receive conditional deposit insurance coverage

    January 22, 2026 0
    Two banks for auto manufacturers Ford and General Motors were both granted deposit insurance, on a conditional basis, by the federal bank deposit insurance agency Thursday; the banks have one year to be established, the agency said. The banks — [...]
  • FDIC Board gives final OK to new supervisory appeals office, including banker on review panels; greenlights digital sign rule

    January 22, 2026 0
    A new supervisory appeals office – which will include a banker on its review panels — will be the final level of review of “material supervisory determinations,” independent of divisions that make supervisory determinations, the board of the federal deposit [...]

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