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What's up
  • [ April 13, 2026 ] 4 named to senior leadership posts at FDIC FDIC
  • [ April 10, 2026 ] FDIC rescinds guidance on multiple re-presentment NSF fees FDIC
  • [ April 9, 2026 ] NCUA deregulation project expected to run all year, maybe into 2027 NCUA
  • [ April 9, 2026 ] Fed proposal: Banks, credit unions could use correspondents to send payments via FedNow The Fed
  • [ April 8, 2026 ] Proposed rule subjects stablecoin issuers to anti-money laundering regs, as mandated by GENIUS Other
Home21mar08

21mar08

FDIC

Former Minnesota banker earns 18 months in jail for misappropriating more than $1.6 million in diamond, gold scheme

March 8, 2021 0

A Minnesota man who served as a bank CEO but who pleaded guilty to one count of making false entries in bank records – reportedly resulting in a misappropriation of more than $1.6 million – […]

COVID-19 actions

Banking agencies add five new items to FAQs about CRA consideration for actions taken during pandemic

March 8, 2021 0

A new version of frequently asked questions (FAQ) – which adds five new questions – to assist financial institutions and examiners with determining Community Reinvestment Act (CRA) consideration for activities undertaken in response to the […]

The Fed

Fed extends facility that buys up PPP loans to end of June (will allow others to expire)

March 8, 2021 0

The Paycheck Protection Program Liquidity Facility (PPPLF) has been extended to June 30, the Federal Reserve said Monday, while other facilities set up by the agency in response to the coronavirus crisis last year will […]

Today

  • 4 named to senior leadership posts at FDIC

    April 13, 2026 0
    Four individuals were appointed to senior leadership positions by the federal bank deposit insurer, the agency said Monday. The Federal Deposit Insurance Corp. (FDIC) said Benjamin Olson was appointed director of the agency’s Division of Depositor and Consumer Protection (DCP). He [...]
  • FDIC rescinds guidance on multiple re-presentment NSF fees

    April 10, 2026 0
    Calling the guidance “overly broad in scope,” the federal bank deposit insurer on Friday rescinded a 2023 Financial Institution Letter (FIL) describing its supervisory approach to multiple nonsufficient funds (NSF) fees that occur when the same unpaid transaction is re-presented. [...]

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