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  • [ August 13, 2026 ] Banks flagged nearly $5 billion in suspected human trafficking, agency finds in BSA data Other
  • [ August 13, 2026 ] Former banker, alleged part of check-fraud ring, prohibited after nearly $400k in losses to bank The Fed
  • [ August 10, 2026 ] ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process FDIC
  • [ August 7, 2026 ] Senate confirms Crews to NCUA Board seat NCUA
  • [ August 7, 2026 ] NCUA liquidates 15-month-old federal credit union NCUA
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FDIC

Former Enloe State Bank president among those targeted in FDIC’s September enforcements

October 30, 2020 0

A consent order barring the former president of the failed Enloe State Bank from future service in any federally insured financial institution was issued in September by the Federal Deposit Insurance Corp. (FDIC), according to […]

NCUA

NCUA webinar on payday alternative loans, other short-term lending slated Nov. 16

October 30, 2020 0

A webinar for credit unions interested in offering payday alternative loans or other forms of short-term lending is scheduled Nov. 16 by the National Credit Union Administration (NCUA), and registration is open now. The NCUA […]

CFPB

Final debt collection rule issued by CFPB; more on consumer protections to come in December final rule

October 30, 2020 0

A final rule focusing on communications between consumers and debt collectors under the Fair Debt Collection Practices Act (FDCPA) was released Friday by the Consumer Financial Protection Bureau (CFPB), with that final rule scheduled to […]

NCUA

Credit union worker in MS prohibited after sentencing for embezzlement

October 30, 2020 0

A worker at a Mississippi credit union in October was prohibited from working in the future at any federally insured financial institution after being sentenced on a charge of embezzlement, the federal credit union regulator […]

The Fed

On heels of big GDP growth reports, Fed cuts threshold for Main Street loans in order to help struggling small businesses

October 30, 2020 0

The day after record third-quarter real gross domestic product (GDP) statistics were released showing 33.1% growth, the Federal Reserve Friday said it was lowering the minimum threshold for loans offered through its Main Street Lending […]

Today

  • OCC updates advisory series on bank accounting

    August 14, 2026 0
    Its annual update to the Bank Accounting Advisory Series (BAAS), with answers to frequently asked questions (FAQs) and updates on accounting industry standards, was released Friday by the Office of the Comptroller of the Currency (OCC). The OCC, in Bulletin [...]
  • Banks flagged nearly $5 billion in suspected human trafficking, agency finds in BSA data

    August 13, 2026 0
    “Consistent indicators,” including excessive cash activity conducted along the southwest border of the United States, among other things, are detailed in a report on suspected human smuggling issued Thursday by the Treasury’s financial crimes enforcement arm. According to the Financial [...]
  • Former banker, alleged part of check-fraud ring, prohibited after nearly $400k in losses to bank

    August 13, 2026 0
    Losses of nearly $400,000 caused by a check-fraud ring to Regions Bank in Memphis, Tenn., have earned a former bank worker a prohibition by the Federal Reserve, the agency said Thursday. In a release, the Fed said Elazia Jones, a [...]
  • ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process

    August 10, 2026 0
    Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation (FDIC) said a new, two-phase [...]
  • Senate confirms Crews to NCUA Board seat

    August 7, 2026 0
    The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant secretary for financial institutions policy. [...]
  • NCUA liquidates 15-month-old federal credit union

    August 7, 2026 0
    The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after finding it was “insolvent and [...]

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