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What's up
  • [ July 17, 2026 ] Proposal reveals weekly, quarterly reporting forms for banks becoming permitted payment stablecoin issuers FDIC
  • [ July 17, 2026 ] OCC updates examiner booklet on allowances for credit losses OCC
  • [ July 16, 2026 ] ‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’ FDIC
  • [ July 16, 2026 ] Appraisal-related misconduct leads to prohibition of former Illinois bank top lending officer The Fed
  • [ July 16, 2026 ] TX bank under C-and-D order over BSA/AML issues; former OH bank employee barred OCC
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COVID-19 actions

FinCEN highlights 2 FAQs from SBA regarding BSA compliance for Paycheck Protection Program lenders

April 28, 2020 0

Two frequently asked questions about Bank Secrecy Act (BSA) compliance requirements of lenders participating in the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), created to help small businesses manage through the coronavirus crisis, were […]

OCC

While not mandated, banks urged to document PPP loan decisions (with CRA credit possible)

April 28, 2020 0

Banks making loans under the Paycheck Protection Program (PPP) are urged to “prudently document” their decisions for the loans – if nothing else, to help the banks qualify for credit under anti-redlining rules, the regulator […]

COVID-19 actions

Agency outlines rule changes to accommodate PPP loans from credit unions

April 28, 2020 0

Changes to various lending and risk-based capital requirements at credit unions under various emergency programs developed to combat the financial impact of the coronavirus crisis are outlined and summarized in a letter from the federal […]

FDIC

TN banks urged to ease terms, restructure loans in wake of storm damage

April 28, 2020 0

Restructuring existing loans, extending repayment terms, or easing terms for new loans using sound banking practices are among techniques recommended for Tennessee banks by the Federal Deposit Insurance Corp. (FDIC) as the banks respond to […]

COVID-19 actions

Fed opens the door wider to more counties, states for participation in municipal funding facility

April 27, 2020 0

More counties and cities will be eligible to participate in a facility meant to buy up municipal debt – and for a longer time, the Federal Reserve said Monday. In a release, the Fed said […]

Today

  • Proposal reveals weekly, quarterly reporting forms for banks becoming permitted payment stablecoin issuers

    July 17, 2026 0
    Weekly and quarterly reporting forms that must be completed by permitted payment stablecoin issuers (PPSI) have been proposed by the federal bank deposit insurance agency, it said Friday. The Federal Deposit Insurance Corp. (FDIC) said the new forms were prompted [...]
  • OCC updates examiner booklet on allowances for credit losses

    July 17, 2026 0
    An updated Comptroller’s Handbook booklet on allowances for credit losses (ACL) was issued Friday by the national bank regulator, which rescinded previous guidance. The update is version 2.0 of the “Allowances for Credit Losses” booklet  of the handbook, published by [...]
  • ‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’

    July 16, 2026 0
    Reviewing examination materials on the site of the bank exam, rather than transferring the materials onto the examining agency’s systems, is one of the methods outlined in a joint statement issued by regulators Thursday focusing on “enhanced security procedures.” In [...]
  • Appraisal-related misconduct leads to prohibition of former Illinois bank top lending officer

    July 16, 2026 0
    Appraisal-related lending misconduct at an Illinois bank has led to the prohibition of the institution’s former chief lending officer, the Federal Reserve said Thursday. The Fed said James Burns, the former chief lending officer of Heritage Bank in Lawrenceville, Ill., [...]
  • TX bank under C-and-D order over BSA/AML issues; former OH bank employee barred

    July 16, 2026 0
    A Dallas, Texas, bank that converted from state to federal charter this May is under a consent cease-and-desist order over previous findings of “significant deficiencies” related to risk management and compliance with anti-money laundering (AML) rules and laws, including the [...]

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