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  • [ 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
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OCC

OCC rates five banks ‘outstanding’ for CRA, calls 11 ‘satisfactory’

July 2, 2021 0

The regulator of national banks on Friday released Community Reinvestment Act (CRA) evaluation ratings for 16 banks, calling five of them “outstanding” and 11 “satisfactory” for their efforts to comply with the anti-redlining law. The […]

CFPB

COVID-related complaints saw uptick over overdraft fees charged for courtesy advances of EIPs

July 2, 2021 0

Consumer complaints about federal student loans fell off during the coronavirus crisis, but overdraft fees on checking accounts surged due to financial institutions attempting to help consumers have access to economic impact payments (EIPs), according […]

FDIC

Three banks rated ‘outstanding’ for CRA in April, FDIC reports

July 2, 2021 0

Of the 53 banks assigned ratings this April for compliance with the anti-redlining Community Reinvestment Act (CRA), three were deemed “outstanding” and the rest “satisfactory,” according to data released Friday. This is based on the […]

Other

Letter warns of use of LIBOR alternatives that may pose safety, soundness reputational risks

July 2, 2021 0

Adoption or use of some alternative interest rate references to replace the soon-to-be-defunct LIBOR may pose safety and soundness reputational risks, according to a letter sent Thursday to Federal Home Loan Banks (FHLBs) from their federal […]

Today

  • 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) [...]
  • Noncash payments up 300% overall since year 2000, led by debit cards, Fed study finds

    July 1, 2026 0
    The number of noncash payments has more than tripled since 2000, with debit cards now accounting for most card payments, which were the leaders overall in the noncash transactions, the Federal Reserve said Wednesday. In its initial findings from the [...]
  • Alert takes aim at ‘fiscal fuel theft’ over schemes by Mexican transnational smuggling groups

    June 30, 2026 0
    Fiscal fuel theft – otherwise known as fuel smuggling – is targeted in an alert issued Tuesday by Treasury’s financial crimes enforcement unit to combat Mexican tax evasion through smuggling of U.S. fuel, the agency said. The Treasury’s Financial Crimes [...]
  • Foreclosures inch up, trading revenue surges, in first quarter at national banks

    June 30, 2026 0
    Foreclosures were up for first-lien mortgages in the first quarter of the year – but down from the same point a year ago – and trading revenue was up from the previous quarter, the national bank regulator said Tuesday. In [...]
  • Agencies release neighborhood lists where bank activities may be eligible for CRA credit

    June 30, 2026 0
    The 2026 list of neighborhoods where certain bank activities are eligible for Community Reinvestment Act (CRA) credit was released Tuesday by federal banking agencies, which includes distressed or underserved nonmetropolitan middle-income geographies. According to the agencies, the list covers the [...]

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