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What's up
  • [ August 3, 2026 ] UBS Financial Services hit with $125 million fine over ‘recidivist’ BSA violations Other
  • [ August 3, 2026 ] OCC proposes changes in disclosure of confidential supervisory info, more OCC
  • [ July 31, 2026 ] Banks under $10 billion will reap significant easing of CRA rules under proposal FDIC
  • [ July 31, 2026 ] Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held The Fed
  • [ July 31, 2026 ] FDIC, Fed propose higher thresholds, indexes for lending to officers, other insiders FDIC
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20dec04

FDIC

FDIC September CRA ratings included 1 ‘substantial noncompliance,’ 3 ‘outstanding’

December 4, 2020 0

Of the 58 banks whose Community Reinvestment Act (CRA) ratings were assigned by the Federal Deposit Insurance Corp. (FDIC) in September, all received ratings of “satisfactory” except for four: one rated for “substantial noncompliance” and […]

CFPB

Bureau sues CA firm for violating Military Lending Act’s 36% rate cap, more

December 4, 2020 0

An injunction, damages, redress to consumers, disgorgement of ill-gotten gains, and the imposition of civil money penalties against LendUp Loans LLC are sought in a suit filed Friday by the Consumer Financial Protection Bureau (CFPB) […]

NCUA

Credit unions log $11 billion in third-quarter net income; insured-share growth slows

December 4, 2020 0

Federally insured credit unions (FICUs) saw total assets grow $37.8 billion, or 2.2%, to a total of $1.79 trillion in the quarter ending Sept. 30 and reported $11 billion in net income, according to data […]

The Fed

Fed will release results from stress tests, round two, Dec. 18

December 4, 2020 0

The results of the second round of stress tests for large banks will be released two weeks from now, the Federal Reserve announced Friday. The agency said the test results will be released at 4:30 […]

The Fed

Bowman says Fed, agencies taking steps to help community banks integrate innovation into operations

December 4, 2020 0

Steps the Federal Reserve is taking to help community banks integrate innovation and technology into their operations were outlined by the agency’s board representative of the smaller banks in remarks Friday. Gov. Michelle W. (“Miki”) […]

Today

  • UBS Financial Services hit with $125 million fine over ‘recidivist’ BSA violations

    August 3, 2026 0
    Calling it the largest such fine it has assessed against a broker-dealer, Treasury’s financial crimes enforcement network Monday announced a $125 million fine against UBS Financial Services Inc. (UBSFS) over “willful” violations of the Bank Secrecy Act (BSA). The Financial [...]
  • OCC proposes changes in disclosure of confidential supervisory info, more

    August 3, 2026 0
    A proposed rule to modify the process for getting agency approval to disclose its non-public information, and allow the disclosure of confidential supervisory information (CSI) without agency approval, was announced Monday by the national bank regulator. The Office of the [...]
  • Banks under $10 billion will reap significant easing of CRA rules under proposal

    July 31, 2026 0
    Smaller banks – those with $10 billion or less in assets – would receive significant easing of anti-redlining regulations under a joint proposal issued by the national bank regulator and federal bank deposit insurance agency announced Friday. Under the proposal, [...]
  • Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held

    July 31, 2026 0
    The capital framework for mutual savings banks – including increased flexibility to raise capital – would be “modernized,” and make it easier for the banks to convert to stock held, under a proposal issued Friday by the Federal Reserve, the [...]
  • FDIC, Fed propose higher thresholds, indexes for lending to officers, other insiders

    July 31, 2026 0
    Thresholds for certain lending limits for executive officers and other insiders of banks would be raised and indexed under a proposal issued Friday by the federal bank deposit insurance agency and the nation’s central bank. The Federal Deposit Insurance Corporation [...]
  • Former Wisconsin credit union worker prohibited by federal agency

    July 31, 2026 0
    A former worker at a Wisconsin credit union was prohibited by the federal regulator after being convicted in state court of misappropriating identification information, the agency said. Jordan L. McCarthy, according to the National Credit Union Administration (NCUA), a former [...]

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