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What's up
  • [ November 3, 2025 ] Lending standards tighter in 3rd quarter for C&I as demand grows; household loan standards unchanged The Fed
  • [ November 3, 2025 ] 10 banks earn top CRA ratings; none tagged with lowest scores of ‘needs improvement,’ ‘substantial noncompliance’ FDIC
  • [ November 3, 2025 ] Agency reminds of grant availability for low-income credit unions NCUA
  • [ October 31, 2025 ] Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars FDIC
  • [ October 31, 2025 ] Former MN credit union teller barred from future FI service NCUA
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The Fed

Banks report tighter loan standards in second quarter for C&I, household borrowing – a 15-year high

August 3, 2020 0

Standards and terms were tightened on commercial and industrial (C&I) loans, as were those for loans to households, during the second quarter, according to a survey of senior bank loan officers released Monday. The opinion […]

Other

FinCEN’s new FAQs on customer due diligence focus on ID, risk rating, risk monitoring

August 3, 2020 0

Three new frequently asked questions (FAQs) published Monday by the Financial Crimes Enforcement Network (FinCEN) regarding financial institutions’ customer due diligence (CDD) obligations under Bank Secrecy Act/anti-money laundering (BSA/AML) rules focus on obtaining customer information, […]

FDIC

Colorado man pleads guilty to stealing nearly $32 million through identity theft, fake loans

August 3, 2020 0

A Boulder, Colo., man pleaded guilty late last week to a nearly $32 million bank fraud scheme involving identity theft and fake residential mortgage loans that he sold to a Texas bank, federal law enforcement […]

CFPB

Bureau blog post notes that ECOA, Reg B allow targeted focus on special needs, economically disadvantaged groups

August 3, 2020 0

Lenders are reminded that the Equal Credit Opportunity Act (ECOA) and Regulation B have provisions that allow lenders to implement special purpose credit programs (SPCPs) to meet special social needs and benefit economically disadvantaged groups, […]

NCUA

Regulator urges more credit unions to complete diversity self-assessment

August 3, 2020 0

More credit unions are being urged by their federal regulator to complete the Annual Voluntary Credit Union Diversity Self-Assessment as a “small step” toward real changes in social justice, according to a letter from the […]

FDIC

UPDATED: MD banker pleads guilty to complex fraud scheme

August 3, 2020 0

A former Maryland bank CEO has pleaded guilty to federal bank fraud, bribery and other charges late last week for the alleged straw purchase of a home that the bank had already foreclosed on, according […]

Today

  • 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 [...]
  • Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars

    October 31, 2025 0
    Prohibitions for September were announced Friday by the federal bank deposit insurance agency, including two for allegedly misappropriating hundreds of thousands of dollars from their respective banks. The Federal Deposit Insurance Corp. (FDIC) said Shelley C. Bounchareune, a former  employee [...]
  • Former MN credit union teller barred from future FI service

    October 31, 2025 0
    A former teller of Affinity Plus Federal Credit Union of Saint Paul, Minn., was barred from any future work in federally insured financial institutions under an October prohibition order. In the consent order, the National Credit Union Administration (NCUA) said [...]

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