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What's up
  • [ February 27, 2026 ] New bank for investment firm Edward Jones wins federal insurance for Utah industrial charter FDIC
  • [ February 27, 2026 ] OCC: Final rule clarifies national trust banks may engage in non-fiduciary activities OCC
  • [ February 27, 2026 ] Former tellers prohibited following scheme to launder illicit drug proceeds through bank’s vault FDIC
  • [ February 27, 2026 ] NCUA bars 5 former credit union employees from future FI service NCUA
  • [ February 27, 2026 ] FDIC, OCC release Q2, Q3 CRA evaluation schedules FDIC
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19oct23

The Fed

Report: Timing unclear about Senate panel consideration for nominations to two open Fed board seats

October 23, 2019 0

The timing remains unclear about when the White House will formally nominate a pair of candidates for empty seats on the Federal Reserve Board, the chairman of the Senate Banking Committee said Wednesday. As reported […]

FDIC

Changes in FDIC rule on company-run stress testing effective in late November

October 23, 2019 0

A final rule implementing last year’s statutory revisions on company-run stress testing – in this case, for state-chartered, nonmember banks and savings associations that are federally insured – is slated for publication in the Federal […]

FDIC

FDIC urges responses on exam rating system use, related enforcement

October 23, 2019 0

Feedback on the consistency of ratings assigned by banking regulators under the Uniform Financial Institutions Rating System, or CAMELS ratings, was urged in a Financial Institution Letter issued Wednesday by the Federal Deposit Insurance Corp. […]

The Fed

Reg capital proposal for Fed-supervised insurance firms in Federal Register Thursday

October 23, 2019 0

A Federal Reserve Board proposal, issued in September, to create risk-based capital requirements for depository institution holding companies that are significantly engaged in insurance activities is slated for publication in the Federal Register Thursday. Comments will […]

NCUA

Agency wants to continue requiring credit unions to advertise excess deposit insurance coverage

October 23, 2019 0

A requirement that federally insured credit unions must advertise any deposit or savings account insurance they have in excess of federal insurance would be extended under filings made by the federal credit union regulator Wednesday. […]

Today

  • New bank for investment firm Edward Jones wins federal insurance for Utah industrial charter

    February 27, 2026 0
    An investment firm with more than $2.2 trillion in assets under management has been awarded deposit insurance for a new industrial bank it has chartered in Salt Lake City, the federal bank deposit insurance agency said Friday. According to the [...]
  • OCC: Final rule clarifies national trust banks may engage in non-fiduciary activities

    February 27, 2026 0
    A final rule that aligns regulatory language with related language in underlying statute clarifies that national trust banks may engage in non-fiduciary activities, the national bank regulator announced in a bulletin Friday. The final rule, effective April 1, was issued [...]
  • Former tellers prohibited following scheme to launder illicit drug proceeds through bank’s vault

    February 27, 2026 0
    Two Indiana bankers – who both worked for the same bank in Covington, Ind. – were prohibited from further work in a financial institution after pleading guilty to laundering more than $1.6 million of illicit drug sales proceeds, the federal [...]
  • NCUA bars 5 former credit union employees from future FI service

    February 27, 2026 0
    Five former employees of credit unions are permanently barred from future service in any federally insured depository institution under one consent order and four notices of prohibition announced Friday. The release by the National Credit Union Administration (NCUA) said the [...]
  • FDIC, OCC release Q2, Q3 CRA evaluation schedules

    February 27, 2026 0
    Nearly 400 banks are slated for evaluations under the anti-redlining Community Reinvestment Act (CRA) over the following two calendar quarters, according to schedules released Friday. Both the Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the [...]
  • OCC issues GENIUS proposal of its own, catching up with other regulators

    February 26, 2026 0
    Months after another federal banking regulator – and the federal credit union regulator — issued a proposal to implement new laws allowing banks to issue stablecoins through subsidiaries, the national bank regulator has now done the same, it said late [...]
  • FinCEN solicits nominations to BSA advisory panel

    February 25, 2026 0
    Treasury’s financial crimes enforcement arm is seeking nominations of eligible organizations – including smaller financial institutions subject to the Bank Secrecy Act (BSA) and entities that can share insights on BSA framework modernization and implementation of the GENIUS Act – [...]

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