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What's up
  • [ February 5, 2026 ] Fed keeps current stress capital buffer for 2026 round of tests, this year with 32 large banks The Fed
  • [ February 5, 2026 ] FDIC: 4 out of 49 banks with November CRA ratings were ‘outstanding’ FDIC
  • [ February 4, 2026 ] Lax oversight of IT contract resulted in compliance issues with internal policies, FDIC watchdog finds in audit FDIC
  • [ February 2, 2026 ] Credit union regulator takes on additional, paid role as member of another regulatory agency’s panel NCUA
  • [ February 2, 2026 ] Despite tighter standards, lending for C&I picked up for larger firms in 4Q ’25, report contends The Fed
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FDIC

FDIC OIG lists convictions, prosecutions, $15.7 million collected in semiannual report

December 2, 2020 0

Convictions reached on multiple counts of bank fraud, guilty pleas by bank executives for stealing from their institutions, and recoveries from individuals who stole from a fund meant to help businesses pay their workers during […]

The Fed

Amid modest economic expansion, ‘optimism has waned,’ latest Beige Book reports

December 2, 2020 0

Economic expansion was no better than modest over the last several weeks, and “optimism has waned” among some business owners and leaders for robust economic growth going into the new year as the coronavirus crisis […]

OCC

OCC names three to take deputy comptroller posts by year-end

December 2, 2020 0

The federal agency that charters and supervises national banks and federal savings associations on Wednesday named three individuals who will, by year-end, transition to deputy comptroller posts for the Western District, for midsize bank supervision, […]

NCUA

Senate, in bipartisan vote, confirms Hauptman to NCUA Board; nears action on Waller for Fed Board

December 2, 2020 0

The president’s nomination of Kyle Hauptman to a seat on the board of the federal agency that regulates credit unions was confirmed by the Senate Wednesday on a bipartisan vote of 56-39, clearing the way […]

CFPB

Debt settlement, relief firm sued for abusive acts, practices

December 2, 2020 0

A Beverly, Mass., debt-settlement and relief firm has violated telemarketing regulations by engaging in abusive and deceptive acts, the federal consumer financial protection agency charged in a lawsuit filed Monday. According to the Consumer Financial […]

CFPB

Bureau issues new ‘no-action letter’ for online lending platform

December 2, 2020 0

An automated model for underwriting and pricing applicants for unsecured, closed-end loans has earned a “no-action letter” (NAL) for a California-based firm that provides an online lending platform, the Consumer Financial Protection Bureau (CFPB) said […]

CFPB

Bureau names five – including new COO – to key management positions

December 2, 2020 0

Five new members were added to the federal consumer financial protection agency’s management team Monday, including a new chief operating officer, the agency announced. In a release, the Consumer Financial Protection Bureau (CFPB) said it […]

Today

  • Fed keeps current stress capital buffer for 2026 round of tests, this year with 32 large banks

    February 5, 2026 0
    Thirty-two large banks this year will be evaluated against a severe global recession with heightened stress in both commercial and residential real estate and corporate debt markets under tests announced by the Federal Reserve late Wednesday. The Fed said, however, [...]
  • FDIC: 4 out of 49 banks with November CRA ratings were ‘outstanding’

    February 5, 2026 0
    Forty-five banks were deemed “satisfactory” and four “outstanding” in evaluation ratings assigned in November under the federal bank deposit insurer’s anti-redlining Community Reinvestment Act (CRA) rules, according to data released Thursday. The four banks rated “outstanding” by the Federal Deposit [...]
  • Lax oversight of IT contract resulted in compliance issues with internal policies, FDIC watchdog finds in audit

    February 4, 2026 0
    Lax oversight of a contractor for a $300 million information technology project resulted in questionable compliance with internal policies, including holding the contractor to agreed-upon metrics, the inspector general for the federal bank deposit insurance agency said Wednesday. In a [...]
  • Credit union regulator takes on additional, paid role as member of another regulatory agency’s panel

    February 2, 2026 0
    In an unusual development, two positions on federal regulatory panels will be held by the current board chairman of the credit union regulator, he announced late Friday. National Credit Union Administration (NCUA) Board Chairman Kyle Hauptman, in a statement, thanked [...]
  • Despite tighter standards, lending for C&I picked up for larger firms in 4Q ’25, report contends

    February 2, 2026 0
    Lending standards were tighter for commercial and industrial loans in the final quarter of last year, but demand was “stronger” for the borrowing among some firms, according to a report issued Monday by the Federal Reserve. In its Senior Loan [...]
  • $261 million Chicago bank becomes first to fail in 2026; office reopened Monday under new owner

    February 2, 2026 0
    A failed Chicago bank was scheduled to reopen Monday after 96% of its assets were acquired by a Detroit institution, the federal deposit insurance agency said late Friday. The first bank to fail in 2026 is a $261 million in [...]
  • OCC rates 8 banks ‘outstanding’ under anti-redlining statute; another 21 deemed ‘satisfactory’

    February 2, 2026 0
    Eight out of the 29 banks whose Community Reinvestment Act (CRA) performance ratings became public in January received “outstanding” marks from the Office of the Comptroller of the Currency (OCC). The remaining 21 banks were rated “satisfactory,” according to the [...]
  • Trio of small banks end deposit insurance, including 121-year-old Alabama former S&L

    January 30, 2026 0
    Three small banks in Arizona, Florida and Alabama – the latter of which was 121 years old – have voluntarily ended their federal deposit insurance, their federal insurer said Friday. The Federal Deposit Insurance Corp. (FDIC) said First Community Bank [...]
  • NCUA IG will report on travel card audit later this year, letter shows

    January 30, 2026 0
    Noting it “did not issue any reports with recommendations” related to the agency’s charge card programs in fiscal 2025, the National Credit Union Administration told the federal budget office it is currently conducting an audit related to its travel card [...]

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