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What's up
  • [ June 29, 2026 ] One outsider, one 42-year veteran named to senior positions for IT, large bank supervision at national bank regulator OCC
  • [ June 29, 2026 ] NCUA: $3.47 million in grants go to 97 low-income credit unions NCUA
  • [ June 19, 2026 ] Former OK bank leader earns prohibition, $125k fine for ‘imprudent’ lending that led to millions in losses The Fed
  • [ June 18, 2026 ] Agencies jointly issue proposal for ‘effective’ customer ID program used by permitted stablecoin issuers FDIC
  • [ June 17, 2026 ] Want your filing approved? OCC attempts to clarify how that happens (and how it doesn’t) OCC
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20may19

CFPB

Video aims to show consumers they can receive economic impact payments via debit card

May 19, 2020 0

A video intended to illustrate to consumers how they can receive coronavirus-related economic impact payments (EIPs) on a prepaid debit card, beginning this week, was released Tuesday by the Consumer Financial Protection Bureau (CFPB). The […]

COVID-19 actions

Advisory, notice detail coronavirus crisis-related medical scams, filing instructions under BSA obligations

May 19, 2020 0

Calling attention to medical scams related to the coronavirus crisis and detailing filing instructions for financial institutions reporting pandemic-related criminal and suspicious activities (including Bank Secrecy Act [BSA] obligations) are the aims of advisories issued […]

CFPB

GAO report: Public comments have led to ‘at least some’ substantive changes for final rules; CFPB among the 10 surveyed

May 19, 2020 0

A report by the congressional watchdog showed that of the 52 program offices in 10 agencies surveyed – the Consumer Financial Protection Bureau (CFPB) being the only one of the 10 which is primarily concerned […]

NCUA

Credit union regulator’s leader says it has launched new ‘culture, diversity, inclusion’ council

May 19, 2020 0

Issues of inclusion within the federal regulator of credit unions is the focus of a new council at the agency, which the agency said was launched Tuesday. The agency’s board chairman, Rodney Hood, announced the […]

COVID-19 actions

Banks better positioned to deal with current crisis, Powell tells Senate panel; notes reports coming on lending facilities

May 19, 2020 0

Adjustments in bank regulation, many temporary, were among the actions the chair of the Federal Reserve pointed to in dealing with the coronavirus crisis during testimony Tuesday. Appearing remotely before the Senate Banking Committee, Federal […]

CFPB

Blaming pandemic (again), bureau adds 60 more days to comment period on ‘time-barred debt’ (again)

May 19, 2020 0

Sixty more days are added to the comment period for a proposed rule on debt collections past the statute of limitations, the federal consumer financial protection agency said Tuesday, making this the second extension for […]

Today

  • One outsider, one 42-year veteran named to senior positions for IT, large bank supervision at national bank regulator

    June 29, 2026 0
    Two senior personnel changes were made at the national bank regulator, the agency said Monday, overseeing its information technology (IT) policies and personnel in one position and large and foreign bank operations in the other. The Office of the Comptroller [...]
  • NCUA: $3.47 million in grants go to 97 low-income credit unions

    June 29, 2026 0
    A total of $3.47 million in grants across six initiatives promoting innovation, capacity building, training and more were awarded to 97 low-income-designated credit unions, the federal credit union regulator said Monday. The National Credit Union Administration (NCUA) said the grants, [...]
  • Former OK bank leader earns prohibition, $125k fine for ‘imprudent’ lending that led to millions in losses

    June 19, 2026 0
    “Imprudent” loans made to the relatives of an Oklahoma bank CEO have led to his prohibition from future bank employment and a fine of $125,000, the Federal Reserve said Thursday. According to the Fed, it has prohibited Thomas Engelbrecht from [...]

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