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What's up
  • [ June 15, 2026 ] Credit union regulator loosens rules on records preservation requirements NCUA
  • [ June 15, 2026 ] FinCEN updates guidance on banks’ USA PATRIOT Act info sharing with others Other
  • [ June 12, 2026 ] Nearly $400 million in illegal transactions through cryptocurrency money-laundering service leads to arrests of two FDIC
  • [ June 11, 2026 ] Rule finalizes data standards for information collected by agencies under 2022 law CFPB
  • [ June 11, 2026 ] Weekly, quarterly reporting forms proposed for payment stablecoin issuers under OCC authority OCC
Home20dec04

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

  • Credit union regulator loosens rules on records preservation requirements

    June 15, 2026 0
    Guidance on records preservation for credit unions concerning the length of time credit unions should retain various types of operational records was removed from the federal regulator’s regulations under a final rule adopted Monday. According to the one-man board of [...]
  • FinCEN updates guidance on banks’ USA PATRIOT Act info sharing with others

    June 15, 2026 0
    Updated guidance on how financial institutions are permitted to share information with each other regarding suspected fraud was issued by Treasury’s financial crimes enforcement arm under the USA PATRIOT Act. The Financial Crimes Enforcement Network (FinCEN) on Friday released a [...]
  • Nearly $400 million in illegal transactions through cryptocurrency money-laundering service leads to arrests of two

    June 12, 2026 0
    More than $389 million in unlawful transactions allegedly conducted in a cryptocurrency money laundering service has led to the June 10 arrests of two Republic of Georgia residents, the inspector general for the federal bank deposit insurance agency said Friday. [...]

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