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What's up
  • [ November 28, 2025 ] Four workers from same bank prohibited from future service; three for COVID-era loan program violations FDIC
  • [ November 28, 2025 ] 2% designated reserve ratio continued for FDIC insurance fund FDIC
  • [ November 28, 2025 ] FDIC official digital sign requirement delayed to 2027 to align with proposal FDIC
  • [ November 26, 2025 ] Latest Beige Book reports mixed economic activity, but little changed from last month The Fed
  • [ November 26, 2025 ] OCC sets schedule for CRA exams in first half of ‘26 OCC
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20jan13

FDIC

Streamlined call report option reiterated in FDIC letter on banks’ upcoming Q4 reports

January 13, 2020 0

Federally supervised banking organizations are due to have their fourth-quarter call reports in to their federal regulatory agencies no later than Jan. 30 – except those with more than one foreign office (not counting “shell” […]

The Fed

Repo actions led to 12% drop in net income in ’19, Fed reports – lowest since ’09

January 13, 2020 0

A decrease of $7.6 billion in net income – about 12% – was recorded by the Federal Reserve in 2019 from the previous year, the agency said Friday, which the central bank attributed mostly to […]

CFPB

Penalties will be more expensive in 2020 under inflation-adjusted schedules

January 13, 2020 0

Higher maximum amounts for civil money penalties (CMP), adjusted for inflation, will be in place after Jan. 15 by four federal financial institution regulators, the agencies said in separate notices to be published as early […]

CFPB

Bank of America gets CFPB ‘no action letter’ on funding arrangements with housing counseling agencies

January 10, 2020 0

A no-action letter (NAL) issued Friday to Bank of America (BofA) by the federal consumer financial protection agency provides there will be no supervisory findings or enforcements issued regarding the bank’s funding arrangements with housing […]

Today

  • Four workers from same bank prohibited from future service; three for COVID-era loan program violations

    November 28, 2025 0
    Prohibitions were ordered against or agreed to by four workers of Truist Bank in Charlotte, N.C., in October for misappropriating funds related to coronavirus crisis loan programs, and for cashing bogus checks, the federal bank deposit insurance agency said Friday. [...]
  • 2% designated reserve ratio continued for FDIC insurance fund

    November 28, 2025 0
    A 2% designated reserve ratio (DRR) will continue in 2026 for the Deposit Insurance Fund (DIF for banks, the federal bank deposit insurer said Tuesday. According to a Federal Deposit Insurance Corp. (FDIC) staff memo released for Tuesday’s open board [...]
  • FDIC official digital sign requirement delayed to 2027 to align with proposal

    November 28, 2025 0
    Insured depository institutions (IDIs) have an additional 21 months to comply with a rule requiring the display of the Federal Deposit Insurance Corp. (FDIC) official sign on their digital deposit-taking channels, according to an agency Financial Institution Letter (FIL). The [...]
  • Latest Beige Book reports mixed economic activity, but little changed from last month

    November 26, 2025 0
    Reports of loan demand across the Federal Reserve’s 12 districts were “mixed,” although some reported an ongoing recovery in the office real estate market, according to the latest Beige Book released Wednesday. The Fed’s semi-monthly summary of commentary on current [...]
  • OCC sets schedule for CRA exams in first half of ‘26

    November 26, 2025 0
    About 130 banks are scheduled to receive their anti-redlining compliance exams in the first and second quarters of next year, the national bank regulator said Wednesday. According to the Office of the Comptroller of the Currency (OCC), the largest groups [...]

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