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What's up
  • [ May 7, 2026 ] New AI products on market present possible risks, benefits agency advises in latest ‘Risk Perspective’ OCC
  • [ May 7, 2026 ] Regulator takes control of Jackson, Miss., credit union citing ‘unsafe, unsound practices’ NCUA
  • [ May 6, 2026 ] In latest ‘deregulation,’ credit union regulator proposes to match banks on prohibition thresholds for management interlocks NCUA
  • [ May 5, 2026 ] Loan demand remains flat in most cases, as lending standards stay tight, survey finds The Fed
  • [ May 5, 2026 ] Latest CRA rating list shows banks doing well in complying with anti-redlining rules FDIC
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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

  • New AI products on market present possible risks, benefits agency advises in latest ‘Risk Perspective’

    May 7, 2026 0
    A sound understanding of artificial intelligence (AI) possible risks — and benefits — that can assist with cybersecurity functions are among the top threats and opportunities facing banks, according to a report issued by the national bank regulator Thursday. In [...]
  • Regulator takes control of Jackson, Miss., credit union citing ‘unsafe, unsound practices’

    May 7, 2026 0
    “Unsafe and unsound practices” at a $162 million-in-assets Jackson, Miss., credit union led to its conservatorship by the federal regulator, the agency said late Wednesday. Jackson Area Federal Credit Union (FCU) counts 15,500-plus members, the National Credit Union Administration (NCUA) [...]
  • In latest ‘deregulation,’ credit union regulator proposes to match banks on prohibition thresholds for management interlocks

    May 6, 2026 0
    The major assets prohibition threshold for credit union management interlocks would be raised to $10 billion – a four-fold increase from the current threshold of $2.5 billion, and matching that of bank regulations – under the latest “deregulation” proposal issued [...]
  • Loan demand remains flat in most cases, as lending standards stay tight, survey finds

    May 5, 2026 0
    There was no uptick in demand for most loans, and lending standards remained tight, in the first quarter according to survey results released Monday by the Federal Reserve. The agency said results of its April 2026 Senior Loan Officer Opinion [...]
  • Latest CRA rating list shows banks doing well in complying with anti-redlining rules

    May 5, 2026 0
    Eight banks, out of 46 total, earned “outstanding” ratings from the federal bank deposit insurance agency for their compliance with rules implementing anti-redlining laws, the agency said Tuesday. The ratings, the Federal Deposit Insurance Corp. (FDIC) said, were for banks [...]

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