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What's up
  • [ December 10, 2025 ] OCC says 9 biggest supervised banks engaged in ‘debanking’; more to come OCC
  • [ December 10, 2025 ] Credit union regulator launches ‘first round’ of changing, eliminating ‘overly burdensome’ regulations NCUA
  • [ December 10, 2025 ] FinCEN says virtual currency trading platform facilitated suspicious activity; imposes $3.5 million penalty Other
  • [ December 9, 2025 ] Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending OCC
  • [ December 9, 2025 ] OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions OCC
Home21mar09

21mar09

COVID-19 actions

Banking agencies issue interim rule revising capital rules in support of capital investment program (ECIP)

March 9, 2021 0

Making capital investments in minority depository institutions (MDIs) and community development financial institutions (CDFIs) through a new program of the Treasury Department is supported in an interim final rule issued Tuesday by the federal banking […]

COVID-19 actions

Harper urges MDI and CDFI-certified credit unions to apply for ECIP funds; application period closes May 7

March 9, 2021 0

Emphasizing the importance of inclusivity within the credit union community to blunt the economic effects of the pandemic, the chairman of the federal credit union regulatory agency on Tuesday encouraged credit unions to submit applications […]

CFPB

Discrimination for sexual orientation, gender identity prohibited, bureau clarifies in rule

March 9, 2021 0

Discrimination for sexual orientation or gender identity is prohibited under equal credit opportunity regulations, the federal consumer financial protection agency said Tuesday. The subhead for the press release announcing the rule issued by the agency […]

FDIC

March 17 webinar will review revisions on brokered deposits, interest rate restrictions

March 9, 2021 0

Recent revisions to regulations on brokered deposits and interest rate restrictions will be discussed in a webinar set for March 17 by the federal insurer of bank deposits, the agency said Monday. In a release, […]

NCUA

Comment periods finally open on proposed credit union rules for ‘simplified’ risk-based capital, ‘S’ element in exam rating system

March 9, 2021 0

After a delay of nearly two months since approved, two proposals from the federal credit union regulator – on simplifying rules for risk-based capital and on adding an “S” to the exam rating system – […]

Today

  • OCC says 9 biggest supervised banks engaged in ‘debanking’; more to come

    December 10, 2025 0
    A five-page report (plus cover) providing “preliminary findings” of a supervisory review of purported “debanking” activities by the nine largest banks it supervises was released Wednesday by the Office of the Comptroller of the Currency (OCC). The OCC’s review, still [...]
  • Credit union regulator launches ‘first round’ of changing, eliminating ‘overly burdensome’ regulations

    December 10, 2025 0
    Calling it the “first round” of proposed regulatory changes, the federal credit union regulator Wednesday released a laundry list of rules it said it intends to change or remove. According to the National Credit Union Administration (NCUA), it plans to [...]
  • FinCEN says virtual currency trading platform facilitated suspicious activity; imposes $3.5 million penalty

    December 10, 2025 0
    A convertible virtual currency, peer-to-peer trading platform was fined $3.5 million for allegedly facilitating more than $500 million in suspicious activity involving “a host of illicit actors,” Treasury’s financial crimes enforcement arm said. The fine against Paxful, Inc., and Paxful [...]
  • Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending

    December 9, 2025 0
    The courts, or Congress, should remedy the outcome of a legal case decided last month that out-of-state banks and fintech partners lending to someone in Colorado must comply with state interest rate caps, the national banking regulator said Tuesday as [...]
  • OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions

    December 9, 2025 0
    Banks may engage in “riskless” principal crypto-asset transactions with and on behalf of their customers, according to an interpretive letter released Tuesday by the Office of the Comptroller of the Currency (OCC). The letter, from the agency’s senior deputy comptroller [...]
  • New credit union, third this year, will provide lending, saving to CA underserved area

    December 8, 2025 0
    A new credit union will soon be offering financial services – including mortgages and home equity loans — to its membership in the Bay Area of California, its federal regulator said Monday. The charter for Haven Federal Credit Union(FCU)  – [...]
  • Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report

    December 8, 2025 0
    Three banks earned ratings of “outstanding” for their compliance with anti-redlining rules in results of examinations in September, the federal bank deposit insurance agency said Friday. However, three other banks earned ratings of “needs improvement” and the remaining 52 banks [...]

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