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What's up
  • [ November 5, 2026 ] Contrary to some congressional views, U.S. regulators are ‘active participants’ in international standards setting Other
  • [ November 5, 2026 ] Annual data on small biz, farm and community development lending released by banking agencies, complying with CRA Other
  • [ November 4, 2026 ] Supervisory framework issued for examiners to use in evaluating bank use of AI OCC
  • [ October 30, 2026 ] Kansas bank ordered to pay $2.5 million penalty for not maintaining anti-money laundering program FDIC
  • [ October 30, 2026 ] Deposit insurer wants to rescind rule calling for detailed records, coverage calculations within 24 hours of failure FDIC
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20sept17

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GAO report urges Treasury to do more on financial sector cyber risk mitigation

September 17, 2020 0

Recommendations that the Treasury Department track and prioritize the financial services sector’s cyber risk-mitigation efforts and update the sector-specific plan to include specific metrics to measure progress are provided in a report released Thursday by […]

Other

Study finds little connection between CECL rule, credit availability/lending standards

September 17, 2020 0

Federal financial institution regulators should continue to monitor the impact on regulatory capital of new accounting rules on current expected credit losses (CECL) – but, to date, those rules do not seem to have an […]

NCUA

Share insurance fund down to 1.22% of insured credit union shares in June, nearing ‘restoration plan’ trigger; no premium planned for now

September 17, 2020 0

Federal credit union regulators, for now, have no plans to assess a premium on insured credit unions despite the deep decline from December 2019 to June 2020 in the equity ratio of the fund that […]

NCUA

New exam system closer to rollout, credit union regulator indicates; appraisal rule OK’d, joint BSA exemption green-lighted

September 17, 2020 0

Next year is targeted for the official rollout of a new, modernized examination program from the federal regulator that will phase in applications by credit unions depending on their examination date, according to a briefing […]

The Fed

UPDATED: Proposed CRA action slated by Fed in open meeting Monday; Brainard speech follows

September 16, 2020 0

An advance notice of proposed rulemaking (ANPR) on the Community Reinvestment Act (CRA) regulation is up for Federal Reserve Board consideration next Monday during an open meeting, according to a notice posted on the Fed’s […]

Today

  • Contrary to some congressional views, U.S. regulators are ‘active participants’ in international standards setting

    November 5, 2026 0
    Federal banking agencies have been “active participants” in developing or updating international banking standards, a new report issued Thursday by the congressional watchdog finds – even though some members of Congress believed the regulators had limited input. The report, issued [...]
  • Annual data on small biz, farm and community development lending released by banking agencies, complying with CRA

    November 5, 2026 0
    Data on small business, small farm, and community development lending during 2025 were released Thursday as required under anti-redlining laws and rules by the federal banking agencies. The data were released by the agencies as members of the Federal Financial [...]
  • Supervisory framework issued for examiners to use in evaluating bank use of AI

    November 4, 2026 0
    Evaluating banks’ use of Super Intelligence (SI, more commonly known as “artificial intelligence” (AI)) in “normal-course business activities” by examiners is the aim of a supervisory framework issued Wednesday by the national bank regulator. The Office of the Comptroller of [...]
  • Kansas bank ordered to pay $2.5 million penalty for not maintaining anti-money laundering program

    October 30, 2026 0
    A Kansas bank must pay a $2.5 million civil money penalty (CMP) for its failure to maintain an effective anti-money laundering (AML) program, the federal bank deposit insurer said Friday. According to the Federal Deposit Insurance Corp. (FDIC), CBW Bank [...]
  • Deposit insurer wants to rescind rule calling for detailed records, coverage calculations within 24 hours of failure

    October 30, 2026 0
    A rule would be rescinded that requires banks with $2 million or more in deposits maintain detailed records and calculate deposit insurance coverage within 24 hours of a bank’s failure, under a proposal the federal bank deposit insurance agency issued [...]
  • Two credit unions chartered by federal agency – first pair in 2026—to provide business loans, consumer services

    October 30, 2026 0
    Two new credit union charters – the first such so far in 2026 – were announced Friday by the federal regulator, with the new cooperatives serving memberships on different sides of the country. The National Credit Union Administration (NCUA) said [...]
  • 2 former TX, IL credit union employees barred by NCUA

    October 30, 2026 0
    Two former employees of credit unions — one in Texas, the other in Illinois — are barred from any future service in federally insured depository institutions under prohibition orders announced Friday by the National Credit Union Administration (NCUA). The two [...]

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