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What's up
  • [ July 13, 2026 ] New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S. FDIC
  • [ July 13, 2026 ] Smallest standalone bank in U.S. fails; estimated to cost federal insurance fund $1.2 million FDIC
  • [ July 13, 2026 ] Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices NCUA
  • [ July 10, 2026 ] Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance FDIC
  • [ July 9, 2026 ] Exam council updates loan category jargon, changes liquidity and funding pages in performance report Other
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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

  • New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S.

    July 13, 2026 0
    Guidance issued Monday by the federal bank and credit union regulators reminds supervised institutions of their obligations related to credit risk management with regard to borrowers who are not legally authorized to work in the United States. The guidance, issued [...]
  • Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices

    July 13, 2026 0
    A tiny Missouri credit union is now under the control of its federal regulator as the agency works to resolve issues resulting from its unsafe, unsound practices, the agency said late Friday. WeDevelopment Federal Credit Union (FCU) of Kansas City, [...]
  • Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance

    July 10, 2026 0
    Saying it recognizes fraud and other unlawful activity as a “significant and growing concern nationwide for banks and consumers,” the bank deposit insurance agency late Thursday encouraged banks to follow voluntary information sharing issued last month by the Treasury’s financial [...]

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