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What's up
  • [ August 10, 2026 ] ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process FDIC
  • [ August 7, 2026 ] Senate confirms Crews to NCUA Board seat NCUA
  • [ August 7, 2026 ] NCUA liquidates 15-month-old federal credit union NCUA
  • [ August 5, 2026 ] Dallas, NY Federal Reserve Banks seek info on $1.3T private direct lending market The Fed
  • [ August 5, 2026 ] Credit union regulator finalizes 11 rules underpinning its deregulation project NCUA
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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

  • ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process

    August 10, 2026 0
    Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation (FDIC) said a new, two-phase [...]
  • Senate confirms Crews to NCUA Board seat

    August 7, 2026 0
    The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant secretary for financial institutions policy. [...]
  • NCUA liquidates 15-month-old federal credit union

    August 7, 2026 0
    The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after finding it was “insolvent and [...]

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