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What's up
  • [ July 3, 2025 ] Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts FDIC
  • [ July 3, 2025 ] 7 banks ‘outstanding,’ 64 ‘satisfactory’ for CRA, FDIC reports in latest disclosure FDIC
  • [ July 1, 2025 ] NCUA shutters small IL credit union after 12-day conservatorship; third to close in two weeks NCUA
  • [ July 1, 2025 ] Seven banks – including Bank of China branches – earn top ratings for CRA compliance OCC
  • [ June 30, 2025 ] Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession The Fed
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21dec03

The Fed

Action on fallback recommendations for 1-year, 2-month contracts signals ‘end is upon us’ for LIBOR

December 3, 2021 0

Signaling the final countdown to the end of the soon-to-be-defunct LIBOR reference rate, fallback recommendations for 1-week and 2-month USD LIBOR contracts using a Federal Reserve-developed alternative were released Friday, designed to meet statutory requirements […]

NCUA

NCUA’s schedule of other assets, contributed capital earns clean audit opinion

December 3, 2021 0

The federal credit union regulator’s schedule of other assets and contributed capital as of Sept. 30, 2021, presents information fairly and in conformity with U.S. generally accepted accounting principles (GAAP), the agency’s Office of Inspector […]

OCC

OCC seeks papers, research for presentations on climate risk

December 3, 2021 0

The national banking regulator is soliciting papers and research that will inform the agency’s work developing climate-related financial risk management guidance for regulated institutions, the agency said Friday. The Office of the Comptroller of the […]

FDIC

FDIC: Four banks receive ‘outstanding’ CRA ratings in September, while one ‘needs to improve’

December 3, 2021 0

Four out of the 46 banks that received their Community Reinvestment Act (CRA) ratings from the federal bank deposit insurer in September were rated “outstanding” for their efforts under the anti-redlining statute, according to information […]

Today

  • Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts

    July 3, 2025 0
    The two most common violations of consumer compliance supervision in 2024 were those related to truth-in-lending and mandatory flood insurance – pretty much the same results reported in 2023 — according to an annual report issued Thursday by the federal [...]
  • 7 banks ‘outstanding,’ 64 ‘satisfactory’ for CRA, FDIC reports in latest disclosure

    July 3, 2025 0
    Seventy-one banks whose performance ratings under the anti-redlining Community Reinvestment Act (CRA) were announced Thursday were all rated either “outstanding” or “satisfactory,” according to the Federal Deposit Insurance Corp. (FDIC). The information, which the FDIC said became publicly available in [...]
  • NCUA shutters small IL credit union after 12-day conservatorship; third to close in two weeks

    July 1, 2025 0
    A tiny credit union that was placed into conservatorship June 18 was closed by its federal regulator July 1, the agency said in a release that alleged violations of federal law and rules. It is the third credit union the [...]
  • Seven banks – including Bank of China branches – earn top ratings for CRA compliance

    July 1, 2025 0
    Seven banks – including two branches of the Bank of China – received the highest ratings for compliance with rules implementing anti-redlining laws, according to scores released Tuesday by the national bank regulator. The ratings for compliance with Community Reinvestment [...]

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