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What's up
  • [ June 16, 2026 ] OCC drops language from MDI rules designating what groups qualify as ‘socially, economically disadvantaged’ OCC
  • [ June 15, 2026 ] UPDATED: 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
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NCUA

NCUA reschedules this month’s board meetings for July 30

July 1, 2020 0

The July open and closed meetings of the National Credit Union Administration (NCUA) Board have been pushed back two weeks to July 30, the agency announced Wednesday. The meetings were previously slated for July 16. […]

COVID-19 actions

8 large, complex banks to address COVID-19 response in ‘targeted’ resolution plans due in July 2021

July 1, 2020 0

The nation’s eight largest and most complex banks will be required to provide information about their response to events surrounding the coronavirus (COVID-19) in “targeted” resolution plans due to the Federal Reserve and Federal Deposit […]

NCUA

Assets grow 8.8% at credit unions in year ending March 31; ROAA dives 42bp

July 1, 2020 0

Federally insured credit unions’ total assets grew $132 billion, or 8.8%, over the 12-month period ending March 31, totaling $1.64 trillion, according to first-quarter industry data released Wednesday by the National Credit Union Administration (NCUA) […]

CFPB

Supervision ramping up as agencies evaluate institutions for LIBOR transition preparedness, plans

July 1, 2020 0

Federal and state regulators on Wednesday urged financial institutions to continue working to transition away from using LIBOR (the London Interbank Offered Rate) as a reference rate in any products, and they said supervision of […]

Today

  • OCC drops language from MDI rules designating what groups qualify as ‘socially, economically disadvantaged’

    June 16, 2026 0
    As there is no specified group of individuals presumed to be socially and economically disadvantaged under the statute creating minority depository institutions (MDIs), the national bank regulator is dropping portions of its rules that outline who those groups are, the [...]
  • UPDATED: 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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