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What's up
  • [ July 13, 2026 ] New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S. FDIC
  • [ July 13, 2026 ] Smallest standalone bank in U.S. fails; estimated to cost federal insurance fund $1.2 million FDIC
  • [ July 13, 2026 ] Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices NCUA
  • [ July 10, 2026 ] Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance FDIC
  • [ July 9, 2026 ] Exam council updates loan category jargon, changes liquidity and funding pages in performance report Other
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Other

FSOC to discuss CECL, non-bank financials, during secret session

October 31, 2019 0

The current expected credit loss (CECL) accounting standard will be one of the topics under discussion during the next meeting of the oversight group of federal financial regulators, set for next week. The Nov. 7 […]

OCC

OCC: Banks authorized to close offices affected by CA wildfires

October 31, 2019 0

National banks, federal savings associations (FSAs), and federal branches and agencies of foreign banks are allowed to close offices affected by wildfires and high winds in California at their discretion, according to a proclamation issued […]

Legislation

Bills seeking annual testimony from regulators, cyber ‘resilience’ move forward after panel votes

October 31, 2019 0

Semiannual testimony would be required by the four federal financial institution regulators before Congress under legislation approved by a House committee Thursday. The Prudential Regulator Oversight Act (H.R. 4841), sponsored by Reps. Dean Phillips (D-Minn.) […]

NCUA

Two from credit unions prohibited after sentencing for theft, money laundering/bribery conspiracy

October 31, 2019 0

Two former employees of credit unions were ordered prohibited by the financial institutions’ federal regulator this month, following sentencing for crimes committed, the agency said Thursday. The orders from the National Credit Union Administration (NCUA) […]

Today

  • New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S.

    July 13, 2026 0
    Guidance issued Monday by the federal bank and credit union regulators reminds supervised institutions of their obligations related to credit risk management with regard to borrowers who are not legally authorized to work in the United States. The guidance, issued [...]
  • Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices

    July 13, 2026 0
    A tiny Missouri credit union is now under the control of its federal regulator as the agency works to resolve issues resulting from its unsafe, unsound practices, the agency said late Friday. WeDevelopment Federal Credit Union (FCU) of Kansas City, [...]
  • Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance

    July 10, 2026 0
    Saying it recognizes fraud and other unlawful activity as a “significant and growing concern nationwide for banks and consumers,” the bank deposit insurance agency late Thursday encouraged banks to follow voluntary information sharing issued last month by the Treasury’s financial [...]

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