21jan26 – Regulatory Report

What's up

[ March 23, 2026 ] Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool NCUA
[ March 20, 2026 ] Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay The Fed
[ March 19, 2026 ] Agencies release three proposals that will result in lower capital for nation’s banks, claiming ‘framework will be improved’ FDIC
[ March 19, 2026 ] Registration open for OCC workshops for community bank directors, senior management OCC
[ March 18, 2026 ] Banker earns prohibition after alleged absconding with customer’s money, depositing funds into her own account OCC

Citing ‘deep understanding’ of credit unions, incoming Senate panel chairman cheers new leader for agency

January 26, 2021 0

The new chairman of the federal credit union regulator’s board received congratulations Tuesday from the Senate Banking Committee’s incoming chairman, as well as his colleagues on the agency panel itself. Todd M. Harper was designated […]

FinCEN adds 60-day comment period for proposed tracking of certain digital currency transactions

January 26, 2021 0

More time to comment on proposed new requirements aimed at curbing the use of virtual currencies to move illicit funds is provided in a Financial Crimes Enforcement Network (FinCEN) notice slated for publication Thursday in […]

Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool

March 23, 2026 0

The latest life-of-loan—or Weighted Average Remaining Maturity—factors are included in the March 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the allowance for credit losses on loans and leases, the agency said [...]
Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay

March 20, 2026 0

A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future service in federally insured financial institutions under a March consent order finding that she withdrew $323,500 from a bank customer’s account for her own benefit. The [...]