21aug20 – Regulatory Report

What's up

[ July 2, 2026 ] Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution The Fed
[ July 2, 2026 ] Agency promotes from within for leader to oversee supervisory data, systems OCC
[ July 1, 2026 ] Noncash payments up 300% overall since year 2000, led by debit cards, Fed study finds The Fed
[ June 30, 2026 ] Alert takes aim at ‘fiscal fuel theft’ over schemes by Mexican transnational smuggling groups Other
[ June 30, 2026 ] Foreclosures inch up, trading revenue surges, in first quarter at national banks OCC

FDIC addressing concerns raised by OIG over wireless network cloud service approved prior to NIST framework change

August 20, 2021 0

The Federal Deposit Insurance Corp. (FDIC) reportedly is addressing concerns raised by its Office of Inspector General (OIG) over an external wireless network solution cloud service that was deployed prior to a 2018 risk management […]

CFPB pushing all CARD Act submissions to ‘Collect’ website beginning with data due Jan. 31

August 20, 2021 0

Card issuers required to supply credit card agreement terms and other data to the Consumer Financial Protection Bureau (CFPB) must make all submissions via the agency’s Collect website beginning in January, according to a notice […]

Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution

July 2, 2026 0

A Lenexa, Kansas, bank is “significantly undercapitalized” and has adopted a prompt corrective action directive prepared by the Federal Reserve, the agency said Thursday. Small Business Bank of Lenexa adopted the prompt corrective action directive after being found undercapitalized by [...]
Agency promotes from within for leader to oversee supervisory data, systems

July 2, 2026 0

Supervisory data, systems, reports and analytics, in support of supervision objectives and the national bank regulator’s mission, will be the responsibility of Jamie Wilds, the agency announced Thursday. In a release, the Office of the Comptroller of the Currency (OCC) [...]