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What's up
  • [ December 9, 2025 ] Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending OCC
  • [ December 9, 2025 ] OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions OCC
  • [ December 8, 2025 ] New credit union, third this year, will provide lending, saving to CA underserved area FDIC
  • [ December 8, 2025 ] Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report FDIC
  • [ December 5, 2025 ] Agencies withdraw 12-years-old guidance on leveraged lending; banks told to apply ‘general principles on risk management’ FDIC
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20aug10

COVID-19 actions

As coronavirus crisis ramped up over four months, Fed, Treasury leaders stayed in increasing contact – and remain so, calendar shows

August 10, 2020 0

As the financial impact of the coronavirus became increasingly apparent this spring, top federal financial regulators intensified their interaction, meeting – typically by conference calls – more than 60 times from March through June, according […]

COVID-19 actions

Retail worker pleads guilty to fraudulently seeking $8 million+ through CARES Act program

August 10, 2020 0

A project manager employed by a major retailer has pleaded guilty to bank fraud charges for fraudulently seeking more than $8 million in forgivable Paycheck Protection Program (PPP) bank loans, the Federal Deposit Insurance Crop. […]

Other

FFIEC grants one-year extension of commercial real estate appraisal credentialing waiver in ND

August 10, 2020 0

An umbrella council for federal financial institution regulators on Friday approved a one-year extension of appraisal credentialing requirements for federally related commercial real estate transactions under $1 million in North Dakota. The extension, which continues […]

The Fed

New capital requirements for largest banks range from 13.7% to 7%; 11 must hold 10% or more

August 10, 2020 0

Individual capital requirements ranging from 13.7% to 7% for the 34 largest U.S. banks, effective Oct. 1, were released Monday by the Federal Reserve, with Goldman Sachs and Morgan Stanley at the top of the […]

Today

  • Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending

    December 9, 2025 0
    The courts, or Congress, should remedy the outcome of a legal case decided last month that out-of-state banks and fintech partners lending to someone in Colorado must comply with state interest rate caps, the national banking regulator said Tuesday as [...]
  • OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions

    December 9, 2025 0
    Banks may engage in “riskless” principal crypto-asset transactions with and on behalf of their customers, according to an interpretive letter released Tuesday by the Office of the Comptroller of the Currency (OCC). The letter, from the agency’s senior deputy comptroller [...]
  • New credit union, third this year, will provide lending, saving to CA underserved area

    December 8, 2025 0
    A new credit union will soon be offering financial services – including mortgages and home equity loans — to its membership in the Bay Area of California, its federal regulator said Monday. The charter for Haven Federal Credit Union(FCU)  – [...]
  • Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report

    December 8, 2025 0
    Three banks earned ratings of “outstanding” for their compliance with anti-redlining rules in results of examinations in September, the federal bank deposit insurance agency said Friday. However, three other banks earned ratings of “needs improvement” and the remaining 52 banks [...]

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