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What's up
  • [ October 31, 2025 ] Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars FDIC
  • [ October 31, 2025 ] Former MN credit union teller barred from future FI service NCUA
  • [ October 30, 2025 ] Report: credit union regulator board to stop publishing annual meeting schedules NCUA
  • [ October 30, 2025 ] Fed announces two prohibitions, from workers at AL and TN banks (the latter a NY branch) The Fed
  • [ October 29, 2025 ] CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more CFPB
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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

  • Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars

    October 31, 2025 0
    Prohibitions for September were announced Friday by the federal bank deposit insurance agency, including two for allegedly misappropriating hundreds of thousands of dollars from their respective banks. The Federal Deposit Insurance Corp. (FDIC) said Shelley C. Bounchareune, a former  employee [...]
  • Former MN credit union teller barred from future FI service

    October 31, 2025 0
    A former teller of Affinity Plus Federal Credit Union of Saint Paul, Minn., was barred from any future work in federally insured financial institutions under an October prohibition order. In the consent order, the National Credit Union Administration (NCUA) said [...]
  • Fed announces two prohibitions, from workers at AL and TN banks (the latter a NY branch)

    October 30, 2025 0
    Two prohibitions, both the result of recent consent agreements, were made public against two bankers by the Federal Reserve Thursday: one for a former New York  worker, and the other for a former Alabama bank employee. The Fed said Md [...]
  • CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more

    October 29, 2025 0
    Nonbank “covered persons” who are subject to court or government agency’s final public orders related to offering or providing consumer financial products or services no longer need to get themselves on a registry maintained by the Consumer Financial Protection Bureau [...]
  • CFPB: FCRA’s state-law preemption on credit reporting broader than held in 2022

    October 28, 2025 0
    The Fair Credit Reporting Act’s (FCRA) preemption of state laws related to consumer credit reporting is broader than presented in a now-rescinded 2022 interpretive rule, the Consumer Financial Protection Bureau (CFPB) says. The CFPB, in a new interpretive rule published [...]
  • OCC wants to rescind guidelines for big banks on recovery planning; says banks ‘should’ be doing it anyway

    October 27, 2025 0
    Big banks – those with at least $100 billion in assets – are expected to be well managed and have appropriate risk-management processes in place; thus, no guidelines on “recovery planning” are necessary, the national bank regulator proposed late Monday. [...]
  • Comptroller jumps on stress-test reform bandwagon, praising Fed request for comment

    October 27, 2025 0
    Calling the current stress-test regime for large banks “too complex and opaque,” the national bank regulator late Monday praised the Federal Reserve for proposing changes to the stress test models. Comptroller of the Currency Jonathan V. Gould said the Fed’s [...]

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