21nov05 – Regulatory Report

What's up

[ March 23, 2026 ] Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool NCUA
[ March 20, 2026 ] Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay The Fed
[ March 19, 2026 ] Agencies release three proposals that will result in lower capital for nation’s banks, claiming ‘framework will be improved’ FDIC
[ March 19, 2026 ] Registration open for OCC workshops for community bank directors, senior management OCC
[ March 18, 2026 ] Banker earns prohibition after alleged absconding with customer’s money, depositing funds into her own account OCC

CFPB opens 30-day public comment period on its big-tech data inquiry; input due Dec. 6

November 5, 2021 0

The Consumer Financial Protection Bureau’s (CFPB) inquiry into the business practices of six large technology firms operating payments systems in the United States will be open for public comment until Dec. 6, according to a […]

Letter reminds credit unions that secondary capital issuances after Jan. 1 subject to new subordinated rule

November 5, 2021 0

Any issuances of secondary capital not completed by Jan. 1 will be subject to the requirements of the new subordinated debt rule, which becomes effective on that date, according to a letter sent Friday by […]

Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool

March 23, 2026 0

The latest life-of-loan—or Weighted Average Remaining Maturity—factors are included in the March 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the allowance for credit losses on loans and leases, the agency said [...]
Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay

March 20, 2026 0

A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future service in federally insured financial institutions under a March consent order finding that she withdrew $323,500 from a bank customer’s account for her own benefit. The [...]