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What's up
  • [ July 13, 2026 ] New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S. FDIC
  • [ July 13, 2026 ] Smallest standalone bank in U.S. fails; estimated to cost federal insurance fund $1.2 million FDIC
  • [ July 13, 2026 ] Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices NCUA
  • [ July 10, 2026 ] Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance FDIC
  • [ July 9, 2026 ] Exam council updates loan category jargon, changes liquidity and funding pages in performance report Other
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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

  • New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S.

    July 13, 2026 0
    Guidance issued Monday by the federal bank and credit union regulators reminds supervised institutions of their obligations related to credit risk management with regard to borrowers who are not legally authorized to work in the United States. The guidance, issued [...]
  • Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices

    July 13, 2026 0
    A tiny Missouri credit union is now under the control of its federal regulator as the agency works to resolve issues resulting from its unsafe, unsound practices, the agency said late Friday. WeDevelopment Federal Credit Union (FCU) of Kansas City, [...]
  • Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance

    July 10, 2026 0
    Saying it recognizes fraud and other unlawful activity as a “significant and growing concern nationwide for banks and consumers,” the bank deposit insurance agency late Thursday encouraged banks to follow voluntary information sharing issued last month by the Treasury’s financial [...]

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