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What's up
  • [ May 30, 2025 ] Three former bank workers slapped with prohibitions after alleged fraud, exploiting elders FDIC
  • [ May 30, 2025 ] NCUA bars former CA credit union employee; terminates a cease-and-desist order NCUA
  • [ May 30, 2025 ] FDIC: 359 banks slated for CRA evaluations in second half of 2025 FDIC
  • [ May 29, 2025 ] Powell and Trump meet, Fed says in first such disclosure for 2025 The Fed
  • [ May 29, 2025 ] Fed governor draws line between decline of U.S. financial assets as ‘safe haven’ and financial stability The Fed
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21aug25

FDIC

Working paper examines construction loan losses at failed banks from 2008 to 2013

August 25, 2021 0

A working paper focused on construction loan losses, and potential drivers, at more than 275 banks that failed between 2008 and 2013 was released Wednesday by the Federal Deposit Insurance Corp. (FDIC). For the paper, […]

FDIC

Fair Housing ad, record keeping requirements updated in agency’s consumer compliance manual

August 25, 2021 0

Changes in advertising rules and disclosure and recordkeeping requirements under the Fair Housing Act are included in an updated consumer compliance examination manual (CEM), the federal insurer of bank deposits said Wednesday. The updates were […]

NCUA

Streamlined CDFI certification app process for credit unions begins Sept. 12

August 25, 2021 0

Credit unions seeking certification as community development financial institutions (CDFIs) can apply for a streamlined qualification process at the National Credit Union Administration (NCUA) between Sept. 12 and Oct. 15, the agency said Wednesday. Credit […]

Today

  • Three former bank workers slapped with prohibitions after alleged fraud, exploiting elders

    May 30, 2025 0
    Three bank workers were prohibited from further employment by financial institutions under orders issued in April by the federal bank deposit insurance agency, it said Friday. According to the Federal Deposit Insurance Corp. (FDIC), those prohibited were: Maggie Kay Schaefer, [...]
  • NCUA bars former CA credit union employee; terminates a cease-and-desist order

    May 30, 2025 0
    A former employee of Antioch Community Federal Credit Union (Antioch, Calif.) was barred from any future service in a federally insured financial institution due to a May 2024 conviction of embezzlement and other charges, the National Credit Union Administration (NCUA) [...]
  • FDIC: 359 banks slated for CRA evaluations in second half of 2025

    May 30, 2025 0
    The federal bank deposit insurer is slated to evaluate 359 banks under the federal anti-redlining statute, the Community Reinvestment Act (CRA), over the third and fourth quarters of this year, the agency’s published schedules show. The Federal Deposit Insurance Corp. [...]
  • Powell and Trump meet, Fed says in first such disclosure for 2025

    May 29, 2025 0
    What appears to have been the first one-on-one meeting this year between the Federal Reserve Board chairman and the U.S. president took place Thursday at the White House, according to information released by the Fed. The Federal Reserve issued a [...]
  • Fed governor draws line between decline of U.S. financial assets as ‘safe haven’ and financial stability

    May 29, 2025 0
    How possible changes in the role of U.S. financial assets as a “safe haven” might affect financial stability both domestically and internationally is “crucial to examine,” a Federal Reserve governor said Thursday. Fed Gov. Adriana D. Kugler, in opening remarks [...]

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