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What's up
  • [ November 3, 2025 ] Lending standards tighter in 3rd quarter for C&I as demand grows; household loan standards unchanged The Fed
  • [ November 3, 2025 ] 10 banks earn top CRA ratings; none tagged with lowest scores of ‘needs improvement,’ ‘substantial noncompliance’ FDIC
  • [ November 3, 2025 ] Agency reminds of grant availability for low-income credit unions NCUA
  • [ October 31, 2025 ] Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars FDIC
  • [ October 31, 2025 ] Former MN credit union teller barred from future FI service NCUA
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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

  • Lending standards tighter in 3rd quarter for C&I as demand grows; household loan standards unchanged

    November 3, 2025 0
    Tighter lending standards for commercial and industrial (C&I) loans were prevalent in the year’s third quarter, while loan standards for households were largely unchanged, the Federal Reserve said Monday. Demand was up for the C&I loans, the agency said, from [...]
  • 10 banks earn top CRA ratings; none tagged with lowest scores of ‘needs improvement,’ ‘substantial noncompliance’

    November 3, 2025 0
    Ten banks, out of 76 examined, earned “outstanding” ratings for their compliance with anti-redlining laws, two federal bank regulators said Monday. In reporting on Community Reinvestment Act (CRA) ratings, the Office of the Comptroller of the Currency (OCC) and the [...]
  • Agency reminds of grant availability for low-income credit unions

    November 3, 2025 0
    Credit unions with the National Credit Union Administration’s (NCUA) low-income designation can still apply by Dec. 16 for a portion of the more than $3.4 million in grants being made available by the agency, according to a release Monday. The [...]
  • Agency announces prohibitions, including two in MS and NC for misappropriations involving hundreds of thousands of dollars

    October 31, 2025 0
    Prohibitions for September were announced Friday by the federal bank deposit insurance agency, including two for allegedly misappropriating hundreds of thousands of dollars from their respective banks. The Federal Deposit Insurance Corp. (FDIC) said Shelley C. Bounchareune, a former  employee [...]
  • Former MN credit union teller barred from future FI service

    October 31, 2025 0
    A former teller of Affinity Plus Federal Credit Union of Saint Paul, Minn., was barred from any future work in federally insured financial institutions under an October prohibition order. In the consent order, the National Credit Union Administration (NCUA) said [...]

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