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What's up
  • [ June 30, 2025 ] Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession The Fed
  • [ June 30, 2025 ] Risk on rise for banks in three key areas, OCC reports, as economic uncertainty increases OCC
  • [ June 30, 2025 ] Citing imminent insolvency, credit union regulator closes doors of OH cooperative; members, accounts transferred to another NCUA
  • [ June 30, 2025 ] 2 former credit union employees barred from future work in insured FIs NCUA
  • [ June 30, 2025 ] Texas bank became second to fail so far this year OCC
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NCUA

Credit union version of CBLR slated for proposal July 22

July 15, 2021 0

A proposed rule on a “complex credit union leverage ratio” is slated for consideration during next week’s open meeting of the National Credit Union Administration (NCUA) Board. The meeting, set for 10 a.m. next Thursday, […]

Other

Senate confirms Liang as Treasury’s top domestic finance official

July 15, 2021 0

Nellie Liang was confirmed by the Senate Thursday as Treasury under secretary for domestic finance – responsible for policy on financial institutions, financial markets, and more – with nearly three-fourths of the Senate voting in favor. […]

The Fed

Fed leader wants broad support – in public, Congress – before acting on CBDC

July 15, 2021 0

Before settling on issuing a “central bank digital currency” (CBDC), broad support among the public – and in Congress – is a must, the Federal Reserve Board chair told a Senate committee Thursday. Testifying before […]

Other

FinCEN August ‘Exchange’ on ransomware to include FIs, other agencies

July 15, 2021 0

A meeting with invited financial institution representatives and other stakeholders to discuss ongoing concerns about ransomware and efforts to address those is slated next month by the Treasury Financial Crimes Enforcement Network (FinCEN), the agency […]

FDIC

Supervision, reg inclusion, FDiTech initiatives on agenda for FDIC community banking panel, which has a new member

July 15, 2021 0

Inititiatives of the agency’s Office of Innovation (FDiTech) is on the agenda for a July 22 open meeting of the Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking, the agency announced Thursday. The meeting, […]

Today

  • Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession

    June 30, 2025 0
    The 22 large banks subjected to the Federal Reserve Board’s 2025 stress test reportedly are “well positioned” to withstand a hypothetical, severe recession while remaining above their minimum capital requirements and continuing to lend to households and businesses, the Fed [...]
  • Risk on rise for banks in three key areas, OCC reports, as economic uncertainty increases

    June 30, 2025 0
    Economic uncertainty has increased as consumer sentiment, geopolitical risk, sustained higher interest rates, and downward movement in some macroeconomic indicators have all had their impact on threats to the banking system, the national bank regulator said Monday. In its Semiannual [...]
  • Citing imminent insolvency, credit union regulator closes doors of OH cooperative; members, accounts transferred to another

    June 30, 2025 0
    A Middletown, Ohio, credit union has been closed and its members and their accounts moved to a Cincinnati, Ohio, credit union, the federal regulator said Monday. Butler Heritage Federal Credit Union (FCU) of Middletown was liquidated by the National Credit [...]
  • 2 former credit union employees barred from future work in insured FIs

    June 30, 2025 0
    A former employee of a Kansas credit union and one from a credit union in Pennsylvania are barred from participating in the affairs of any federally insured depository institution, the federal credit union regulator said Monday. The National Credit Union [...]
  • Texas bank became second to fail so far this year

    June 30, 2025 0
    A Santa Anna, Texas, bank was closed late Friday by the national bank regulator, becoming the second bank to fail so far this year. Santa Anna National Bank was closed by the Office of the Comptroller of the Currency (OCC), [...]

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