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What's up
  • [ November 7, 2025 ] FDIC reduces consumer compliance exam, CRA eval frequency for most FDIC
  • [ November 6, 2025 ] Controversial rating framework easing ‘well-managed’ score for large BHCs finalized by Fed The Fed
  • [ November 6, 2025 ] Two banks in KS, MT consent to small fines for violations of flood insurance rules The Fed
  • [ November 6, 2025 ] FDIC offers banking reg relief to help storm-hit areas in AK, MN FDIC
  • [ November 3, 2025 ] Lending standards tighter in 3rd quarter for C&I as demand grows; household loan standards unchanged The Fed
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COVID-19 actions

Fed opens Paycheck Protection Program Liquidity Facility to non-depositories; purchased PPP loans can be collateral

April 30, 2020 0

The Federal Reserve’s liquidity facility to support lending through the Small Business Administration (SBA) Paycheck Protection Program (PPP) will be available to more lenders and now will also take purchased PPP loans as collateral, the […]

Other

Risks associated with cloud computing target of joint regulators’ statement

April 30, 2020 0

Risk management practices for a financial institution’s safe and sound use of cloud computing services and safeguards to protect customers’ sensitive information from risks that pose potential harm are outlined in an 11-page “statement” issued […]

The Fed

Fed fines Israel bank $37+ million related to facilitating tax evasion; is part of $874 million imposed by Fed, DoJ, NY regulators

April 30, 2020 0

Bank Hapoalim B.M. (BHBM), headquartered in Israel and operating in the United States, was assessed a $37.35 million civil money penalty (CMP) by the Federal Reserve Board Thursday over “unsafe and unsound practices” resulting in […]

COVID-19 actions

Senate Banking chief sent wish list for legislation to deal with crisis from credit union regulator

April 30, 2020 0

Four areas of statutory changes that the federal credit union regulator said would assist its efforts “in light of COVID-19” were outlined in a letter from the agency’s chairman to the chairman of the Senate […]

NCUA

Former PA credit union employee barred by federal regulator

April 30, 2020 0

Tanya Green-Smith, a former employee of Northwood Federal Credit Union in Philadelphia, Pa., was permanently barred from future participation in the affairs of any federally insured financial institution under an order issued April 1 by […]

CFPB

CFPB updates, republishes consumer guide to COVID-19 stimulus relief

April 30, 2020 0

A question-and-answer blog post answering consumers’ questions about relief available to them related to the COVID-19 (coronavirus) pandemic was updated (from the April 10 version) and issued anew Thursday by the Consumer Financial Protection Bureau […]

NCUA

Credit union regulator becomes latest to urge exemption from CECL accounting standard

April 30, 2020 0

The federal credit union regulator became the latest to call for an exemption for the institutions he supervises from new accounting rules requiring estimation of expected losses over the life of loans, known as the […]

COVID-19 actions

Credit unions advised of strategies to use in helping member borrowers facing coronavirus crisis hardship

April 30, 2020 0

Strategies credit unions can use to work with borrowers who experience financial hardship because of the coronavirus crisis are outlined by the federal credit union regulator in a letter to its supervised institutions released Thursday. […]

CFPB

Fact sheets attempt to explain appraisals, their delivery, in mortgage lending

April 30, 2020 0

Two new fact sheets focusing on appraisals and other valuations and their delivery in home mortgage loan applications were released Thursday by the federal consumer financial protection agency, which said the documents were issued in […]

Today

  • FDIC reduces consumer compliance exam, CRA eval frequency for most

    November 7, 2025 0
    A revised consumer compliance examination manual provides for less-frequent consumer compliance exams for most supervised banks, the Federal Deposit Insurance Corp. (FDIC) said in a Financial Institution Letter (FIL) Friday. The agency said its updated manual also establishes a new [...]
  • Controversial rating framework easing ‘well-managed’ score for large BHCs finalized by Fed

    November 6, 2025 0
    Finalized changes to the supervisory rating framework for large bank holding companies were released by the Federal Reserve late Wednesday, which were proposed by a divided agency board. The Fed said the revised rating framework “more accurately reflect the strength [...]
  • Two banks in KS, MT consent to small fines for violations of flood insurance rules

    November 6, 2025 0
    Relatively small fines were assessed to two small banks in Montana and Kansas, the Federal Reserve said Thursday, for penalties related to violations of flood insurance regulations. The Fed said that The Halstead Bank of Halstead, Kansas, and Belt Valley [...]
  • FDIC offers banking reg relief to help storm-hit areas in AK, MN

    November 6, 2025 0
    Eased regulatory requirements for banks serving areas hit by storms last month in Alaska and this June in Minnesota were announced Thursday by the Federal Deposit Insurance Corp. (FDIC). In two Financial Institution Letters (FILs), the FDIC pointed to the [...]
  • Lending standards tighter in 3rd quarter for C&I as demand grows; household loan standards unchanged

    November 3, 2025 0
    Tighter lending standards for commercial and industrial (C&I) loans were prevalent in the year’s third quarter, while loan standards for households were largely unchanged, the Federal Reserve said Monday. Demand was up for the C&I loans, the agency said, from [...]
  • 10 banks earn top CRA ratings; none tagged with lowest scores of ‘needs improvement,’ ‘substantial noncompliance’

    November 3, 2025 0
    Ten banks, out of 76 examined, earned “outstanding” ratings for their compliance with anti-redlining laws, two federal bank regulators said Monday. In reporting on Community Reinvestment Act (CRA) ratings, the Office of the Comptroller of the Currency (OCC) and the [...]
  • Agency reminds of grant availability for low-income credit unions

    November 3, 2025 0
    Credit unions with the National Credit Union Administration’s (NCUA) low-income designation can still apply by Dec. 16 for a portion of the more than $3.4 million in grants being made available by the agency, according to a release Monday. The [...]

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