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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
Home20april28

20april28

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

  • 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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