21dec22 – Regulatory Report

What's up

[ October 22, 2026 ] OCC finalizes rule for crypto under GENIUS Act; more to come on waiver requests OCC
[ October 16, 2026 ] CU stablecoin activity reporting eyed for Q1 2027 call report; comments due Dec. 8 NCUA
[ October 15, 2026 ] Beige Book finds some economic growth – but consumer growth seems driven by higher-income households The Fed
[ October 15, 2026 ] NCUA targets fidelity bond/insurance, incidental powers, CLF in 12th reg relief round NCUA
[ October 15, 2026 ] Grant money available to help low-income credit unions deal with hurricane effects, more NCUA

Indianapolis’ Newspaper credit union failed due to fraud by a small CU staff, possibly board chair, NCUA OIG finds

December 22, 2021 0

A material loss review of the $2.29 million estimated share insurance fund loss due to the failure of Indianapolis’ Newspaper Federal Credit Union earlier this year showed the institution failed due to fraud involving a […]

For first time, on-line card payments outpaced those in-person in 2020, Fed update finds

December 22, 2021 0

Wild swings in the use of online/phone card payments, and those made in person, in successive years are outlined in updated results to the Federal Reserve’s payments study, released Wednesday – which also found that […]