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What's up
  • [ June 3, 2026 ] Middle-income consumers ‘squeezing life from every dollar,’ Fed report finds; loan delinquencies on rise The Fed
  • [ June 3, 2026 ] Banks ended 2025 largely healthy, well capitalized – but loan delinquencies started rising in second half The Fed
  • [ June 2, 2026 ] Agencies continue efforts to remove ‘reputation risk’ as a factor in bank supervision FDIC
  • [ June 2, 2026 ] NCUA slates June 24 open board meeting NCUA
  • [ June 2, 2026 ] OIG reports significant bank fraud convictions, fines over six-month period FDIC
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21july20

FDIC

Agencies vow to work together to strengthen CRA, after OCC said it will propose rescinding 2020 rule

July 20, 2021 0

Working together to jointly strengthen rules implementing anti-redlining laws is a commitment made by the three federal banking agencies Tuesday, according to a statement released by all three. The statement was released after one of […]

Other

Biden names pick for next Treasury assistant secretary for FIs

July 20, 2021 0

The White House Monday said President Joe Biden (D) intends to nominate Graham Steele to fill the post of assistant Treasury secretary for financial institutions, which helps set policy on financial institutions, government-sponsored enterprises, and […]

NCUA

UPDATED: NCUA Board upholds denial of board position for former (unnamed) CEO of troubled (unnamed) credit union

July 20, 2021 0

– The appeal decision noted below was temporarily removed from public view on the NCUA website but is now restored. – A former chief executive officer of a troubled federal credit union has been denied a […]

FDIC

Lack of rules framework for ‘stablecoins’ prompts regulators’ meeting; recommendations expected to come

July 20, 2021 0

Rising concern about the growing use of “stablecoins” without a regulatory framework led to a meeting Monday of top banking regulators, the Treasury announced. Recommendations, based on the meeting and on a forthcoming report, are […]

COVID-19 actions

Fed, FDIC release public portions of 8 big banks’ ‘living wills’ targeted to address COVID response

July 20, 2021 0

The public portions of resolution plans (also known as “living wills”) submitted July 1 by eight large domestic banking firms – and targeted to address the institutions’ response to events surrounding the COVID-19 pandemic – […]

FDIC

Proposal aims to simplify rules for trust account deposit insurance coverage

July 20, 2021 0

Simplifying deposit insurance rules for revocable and irrevocable trusts, and amending a rule on mortgage service accounts coverage, are addressed in a proposed regulation issued by the federal insurer of bank deposits Tuesday. In a […]

Today

  • Middle-income consumers ‘squeezing life from every dollar,’ Fed report finds; loan delinquencies on rise

    June 3, 2026 0
    “Squeezing more life out of every dollar before deciding to spend it” is how middle-income consumers are described in the latest report on economic activity by the Federal Reserve, released Wednesday. Low-income consumers, the latest Beige Book asserts, showed greater [...]
  • Banks ended 2025 largely healthy, well capitalized – but loan delinquencies started rising in second half

    June 3, 2026 0
    The banking industry is largely healthy, according to a report issued Wednesday by the Federal Reserve summarizing 2025 conditions, but there are some warning signs such as in delinquent loans. In its Supervision and Regulation Report for 2025, the central [...]
  • Agencies continue efforts to remove ‘reputation risk’ as a factor in bank supervision

    June 2, 2026 0
    References to “reputation risk” have been expunged from interagency documents used by federal banking agencies, the agencies said in a release issued jointly Tuesday. The agencies – Federal Reserve Board, Federal Deposit Insurance Corp. (FDIC), and Office of the Comptroller [...]
  • NCUA slates June 24 open board meeting

    June 2, 2026 0
    The next open meeting of the National Credit Union Administration (NCUA) Board is planned for June 24 (a Wednesday) at 10 a.m. eastern, the agency’s online schedule shows. The meeting, with no agenda released yet, presumably will be presided over [...]
  • OIG reports significant bank fraud convictions, fines over six-month period

    June 2, 2026 0
    More than $152 million in fines and restitution, and 38 convictions, related to bank fraud were achieved by the inspector general’s office of the federal bank deposit insurance agency over the six-month period of October 2025 through March 2026, the [...]
  • CA credit union conserved in January is merged

    June 2, 2026 0
    Beverly Hills City Employees Federal Credit Union, Beverly Hills, Calif., has been merged into Nuvision Federal Credit Union, Huntington Beach, Calif., following about a four-month conservatship, according to a release Tuesday. The National Credit Union Administration (NCUA) placed the $14.9-million-in-assets [...]
  • Comptroller chief of staff moves over to Treasury Department in same role

    June 2, 2026 0
    Kate Tyrrell is the new chief of staff for the Treasury Department, the agency said Tuesday, as the former chief of staff and chief operating officer (COO) of the national bank regulator assumes a new role in the department. The [...]
  • Bad loans led to ‘significant’ losses, and capital corrosion, in failure of Chicago bank at year’s start

    June 1, 2026 0
    Bad loans resulting in “significant” losses and thus the deterioration of the capital of a Chicago bank led it to become the first to fail in 2026, the federal deposit insurance agency said Monday. The office of inspector general (OIG) [...]
  • New senior deputy comptroller at OCC for regional, midsize banks

    June 1, 2026 0
    Benjamin Eddy is the senior deputy comptroller for regional and midsize financial institutions for the Office of the Comptroller of the Currency (OCC), the agency announced Monday. In that role, Eddy oversees the supervision of national banks and federal savings [...]

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