20sept23 – Regulatory Report

What's up

[ February 11, 2026 ] Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS NCUA
[ February 10, 2026 ] Latest deregulation proposal would ease credit unions’ path to convert to mutual savings bank NCUA
[ February 10, 2026 ] FDIC gives more time to comment on GENIUS Act rule proposal FDIC
[ February 10, 2026 ] 18% loan rate ceiling remains in effect for federal credit unions another 18 months NCUA
[ February 9, 2026 ] GAO stands by report on reorg status of CFPB in face of stonewalling by bureau CFPB

Fed will conduct ‘independent assessment’ of second round of stress tests

September 23, 2020 0

Following an independent assessment by the Federal Reserve, bank-specific results will be released before year’s end from a second round of bank stress tests that start next month aimed at gauging the financial impact of […]

Mortgage performance declined in second quarter, OCC report shows; COVID measures kept foreclosures down

September 23, 2020 0

The portion of first-lien mortgages that were current and performing declined 5 percentage points in the second quarter of 2020, year over year, according to a report released Wednesday by the Office of the Comptroller […]

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 [...]
18% loan rate ceiling remains in effect for federal credit unions another 18 months

February 10, 2026 0

The federal interest rate ceiling for loans by federal credit unions will remain at 18% under action last week by the National Credit Union Administration (NCUA) Board, the agency said. The board – which now consists solely of Republican Kyle [...]
GAO stands by report on reorg status of CFPB in face of stonewalling by bureau

February 9, 2026 0

Stonewalling by the federal consumer financial protection agency of the congressional watchdog is outlined in a report issued publicly Monday by the watchdog agency – which includes the comment “we stand by the accuracy of the facts presented in our [...]
Fed keeps current stress capital buffer for 2026 round of tests, this year with 32 large banks

February 5, 2026 0

Thirty-two large banks this year will be evaluated against a severe global recession with heightened stress in both commercial and residential real estate and corporate debt markets under tests announced by the Federal Reserve late Wednesday. The Fed said, however, [...]
FDIC: 4 out of 49 banks with November CRA ratings were ‘outstanding’

February 5, 2026 0

Forty-five banks were deemed “satisfactory” and four “outstanding” in evaluation ratings assigned in November under the federal bank deposit insurer’s anti-redlining Community Reinvestment Act (CRA) rules, according to data released Thursday. The four banks rated “outstanding” by the Federal Deposit [...]