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What's up
  • [ February 13, 2026 ] FinCEN pares down beneficial ownership reporting requirements as effort to ‘modernize’ BSA Other
  • [ February 13, 2026 ] NCUA doubles max amount for newly chartered CU, urgent needs grants NCUA
  • [ February 13, 2026 ] Exam council shrinks uniform report peer groups from 12 to three for smaller banks Other
  • [ February 13, 2026 ] Whistleblowers on BSA, sanctions can use new website; Treasury tightens scrutiny on MSBs Other
  • [ February 12, 2026 ] Agencies release stress test scenarios with 28 variables for ’26; submissions due by April 5 FDIC
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20may29

OCC

Minority depository institutions advisory panel for OCC meets June 17

May 29, 2020 0

A public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) of the Office of the Comptroller of the Currency (OCC) will be held by remote means June 17, the OCC announced Friday. The panel […]

The Fed

Considering a merger? You’ll have to keep it under $2.1 trillion under new Fed calculation

May 29, 2020 0

A company resulting from a merger of other financial companies will be limited to no larger than about $2.1 trillion in resulting assets, the Federal Reserve indicated Friday as it released its annual aggregate consolidated […]

The Fed

Banks’ ‘lowest comfortable level of reserves’ largely unchanged from last August, Fed report shows

May 29, 2020 0

A February survey of senior financial officers of banks representing some 75% of total banking system reserves showed that respondents’ “lowest comfortable level of reserves” was $650 billion, largely unchanged from the previous survey, a […]

OCC

Rule aims to clarify permissible interest on transferred loans in face of Madden decision

May 29, 2020 0

A bank may transfer a loan without affecting the legally permissible interest term, according to a rule issued Friday by the national regulator of banks, addressing what the regulator called uncertainty created by the Madden […]

OCC

Acting comptroller lists four priorities he intends to address as tenure begins, with a twist on local community investment

May 29, 2020 0

The acting chief regulator of national banks apparently opened his tenure in the job Friday by issuing a statement outlining four priorities he said would guide him in his new role – including how banks […]

FDIC

After almost a month, interagency policy statement on credit losses accounting (CECL), guidance on credit risk review systems, available Monday

May 29, 2020 0

Nearly a month after they were finalized, a policy statement on credit losses accounting (under the current expected credit losses, or CECL, accounting standard) and guidance on credit risk review systems are both scheduled to […]

FDIC

On last day of the job, Otting gets a thank you and best wishes from FDIC leader

May 29, 2020 0

On the eve of the Friday departure of the current chief regulator of national banks, the chairman of the board for the federal insurer of bank deposits issued a statement of thanks and best wishes. […]

FDIC

444 banks face CRA examinations over coming two quarters, FDIC lists show

May 29, 2020 0

Schedules for third- and fourth-quarter Community Reinvestment Act (CRA) examinations by the Federal Deposit Insurance Corp. (FDIC) show a total of 444 banks slated for the evaluations, with 64% of those coming up in the […]

Today

  • FinCEN pares down beneficial ownership reporting requirements as effort to ‘modernize’ BSA

    February 13, 2026 0
    A requirement to identify and verify the beneficial owners of a legal entity customer each time the customer opens a new account has been removed for some banks by the Treasury’s financial crimes enforcement arm, it said Friday. The order [...]
  • NCUA doubles max amount for newly chartered CU, urgent needs grants

    February 13, 2026 0
    The federal credit union regulator is increasing its maximum award amount for grants available to low-income-designated credit unions from $7,500 to $15,000, the agency said Friday. The newly chartered and urgent needs grants come from the Community Development Revolving Loan [...]
  • Exam council shrinks uniform report peer groups from 12 to three for smaller banks

    February 13, 2026 0
    Banking industry consolidation leading to disappearing peer groups for bank examination purposes has led to changes to uniform performance reports by the umbrella group for federal financial regulators, the agency said Friday. The Federal Financial Institution Examination Council (FFIEC) said [...]
  • Whistleblowers on BSA, sanctions can use new website; Treasury tightens scrutiny on MSBs

    February 13, 2026 0
    Tips involving violations and conspiracies related to the Bank Secrecy Act (BSA), U.S. sanctions programs, and several other laws affecting financial system security may be entered through a new whistleblower website announced Friday by the Treasury’s financial crimes enforcement arm. [...]
  • Agencies release stress test scenarios with 28 variables for ’26; submissions due by April 5

    February 12, 2026 0
    Stress test scenarios for banks with $250 billion or more in assets were released Thursday by two federal banking regulators, with submissions due by April 5 and public release of the results required between June 15 and July 15. In [...]
  • Former bank employee barred for taking customer funds

    February 12, 2026 0
    A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future work in federally insured depository institutions under a February consent order with the Federal Reserve Board. The Fed, in the order released Thursday, said that Nicole [...]
  • Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS

    February 11, 2026 0
    Credit unions that want to become “permitted payment stablecoin issuers” will get that opportunity under a rule proposed Wednesday by their federal regulator, lagging other federal supervisors. The National Credit Union Administration (NCUA) said the proposal implements provisions of the [...]
  • Latest deregulation proposal would ease credit unions’ path to convert to mutual savings bank

    February 10, 2026 0
    Credit unions would have an easier path to convert to mutual savings banks (MSBs), and other changes, under the latest round of deregulation proposed by their federal regulator Tuesday. The National Credit Union Administration (NCUA), in what it said is [...]
  • FDIC gives more time to comment on GENIUS Act rule proposal

    February 10, 2026 0
    The comment period on a proposed rule issued setting procedures for insured, state-chartered nonmember banks or savings associations to seek federal approval to issue stable coins through a subsidiary is extended to May 18, the federal deposit insurer said. The [...]

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