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What's up
  • [ July 15, 2026 ] Higher prices in fuel dampen sales in other areas, Fed report finds; lending up, but quality for consumer borrowing suffers The Fed
  • [ July 15, 2026 ] OIG ‘limited-scope’ reviews of 3 merged credit unions detail causes of a related $5.7 million in NCUSIF losses NCUA
  • [ 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
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19sept12

NCUA

Final rule on credit union payday loans – PALs II – slated for NCUA Board action next Thursday

September 12, 2019 0

A final “payday alternative loan” rule easing some limitations on the agency’s current program is slated for action during the National Credit Union Administration (NCUA) Board’s open meeting next Thursday. The payday rule proposal, titled […]

CFPB

CFPB no-action letter, trial disclosure program, compliance assistance sandbox policies slated as rules in F.R.

September 12, 2019 0

The three policies announced earlier this week by the consumer financial protection bureau, offering providers a measure of protection against compliance violations when they receive prior agency approval for certain activities, are slated for publication […]

The Fed

Senate confirms Bowman to Fed Board through January 2034

September 12, 2019 0

The Senate on Thursday approved Michelle (“Miki”) Bowman’s reappointment to the Federal Reserve Board for a full, 14-year term, ensuring her ability to remain on the board through Jan. 31, 2034. Bowman was first nominated […]

FDIC

Mid-year ’19 summaries for banking, economic conditions in each state released

September 12, 2019 0

The quarterly summaries of banking and economic conditions in each state at mid-year 2019 are available from the federal insurer of bank deposits, listing individual states’ economic indicators, banking trends and banking profiles. The second-quarter […]

FDIC

Help wanted: Agency seeks ‘disruptor’ to lead new innovation office, head up tech lab

September 12, 2019 0

A “disruptor” who understands the need for transformative change and the process for developing and using new technologies in financial services is the ideal candidate for the new chief innovation officer (CINO) position at the […]

Today

  • Higher prices in fuel dampen sales in other areas, Fed report finds; lending up, but quality for consumer borrowing suffers

    July 15, 2026 0
    Prices were up as economic activity increased at a “slight to moderate pace,” but higher prices for fuel dampened sales in other categories, the Federal Reserve said in a report issued Wednesday. The Fed’s latest Beige Book also reported that [...]
  • OIG ‘limited-scope’ reviews of 3 merged credit unions detail causes of a related $5.7 million in NCUSIF losses

    July 15, 2026 0
    Limited reviews of three credit unions that were merged with other institutions in 2025 and this spring – and which caused losses to the National Credit Union Share Insurance Fund (NCUSIF) – were released recently by the federal credit union [...]
  • 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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