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What's up
  • [ March 23, 2026 ] Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool NCUA
  • [ March 20, 2026 ] Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay The Fed
  • [ March 19, 2026 ] Agencies release three proposals that will result in lower capital for nation’s banks, claiming ‘framework will be improved’ FDIC
  • [ March 19, 2026 ] Registration open for OCC workshops for community bank directors, senior management OCC
  • [ March 18, 2026 ] Banker earns prohibition after alleged absconding with customer’s money, depositing funds into her own account OCC
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OCC

OCC publishes new exam guide booklet on UDAAP, rescinds previous OTS publications

June 30, 2020 0

A new booklet on unfair or deceptive acts or practices (UDAP) and unfair, deceptive, or abusive acts or practices (UDAAP) was published by the federal regulator of national banks and federal savings associations Monday. The […]

OCC

Bank trading revenue down 7% in first quarter, OCC reports

June 30, 2020 0

Trading revenue for U.S. commercial banks and federal savings associations declined in the first quarter of the year, totaling $6.7 billion. That’s down $505 million, or 7%, from the fourth quarter of 2019, the Office […]

NCUA

Former IN credit union worker agrees to prohibition following $1.5 million in ‘misapplied’ funds

June 30, 2020 0

A former Indiana credit union worker has consented to his prohibition from working at credit unions or any other federally insured financial institution after he allegedly “misapplied” and removed $1.5 million from the credit union. […]

FDIC

Competition seeks to develop ‘seamless, less burdensome’ financial reporting system for banks

June 30, 2020 0

A “new and innovative approach to financial reporting,” particularly for community banks, is the aim of a rapid prototyping competition started by the federal insurer of bank deposits, announced Tuesday. Under the program announced by […]

Today

  • Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool

    March 23, 2026 0
    The latest life-of-loan—or Weighted Average Remaining Maturity—factors are included in the March 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the allowance for credit losses on loans and leases, the agency said [...]
  • Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay

    March 20, 2026 0
    A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future service in federally insured financial institutions under a March consent order finding that she withdrew $323,500 from a bank customer’s account for her own benefit. The [...]

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