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What's up
  • [ July 15, 2026 ] Higher prices in fuel dampen sales in other areas, Fed report finds; lending up, but quality for consumer borrowing suffers The Fed
  • [ July 15, 2026 ] OIG ‘limited-scope’ reviews of 3 merged credit unions detail causes of a related $5.7 million in NCUSIF losses NCUA
  • [ 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
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21oct12

The Fed

Quarles out as chair for Fed panel on supervision, regulation; no successor named

October 12, 2021 0

The Federal Reserve’s top supervisor is out as the chair of the board’s supervision and regulation committee, the agency said Tuesday, one day before his term as the top supervisor at the agency comes to […]

CFPB

Chopra sworn in as CFPB director; promises to promote market power to consumers, law-abiding businesses

October 12, 2021 0

Rohit Chopra became the fifth director of the federal consumer financial protection agency Tuesday, saying he would work to ensure the financial marketplace meets the needs of all families, workers, and communities. In a letter addressed […]

CFPB

Reverse mortgage firm – represented by TV’s Tom Selleck – faces $1.1 million penalty for alleged deceptive acts

October 12, 2021 0

A $1.1 million penalty would be paid by a California firm for taking allegedly deceptive acts aimed at older homeowners under a proposed order issued late Friday by the federal consumer financial protection agency. The […]

NCUA

Mentoring grant round for credit unions open through Oct. 29

October 12, 2021 0

Credit unions with both minority depository institution (MDI) and low-income (LICU) designations may apply now, through Oct. 29, for the federal credit union regulator’s mentoring grants worth a total of $100,000, the agency said Tuesday. […]

Today

  • Higher prices in fuel dampen sales in other areas, Fed report finds; lending up, but quality for consumer borrowing suffers

    July 15, 2026 0
    Prices were up as economic activity increased at a “slight to moderate pace,” but higher prices for fuel dampened sales in other categories, the Federal Reserve said in a report issued Wednesday. The Fed’s latest Beige Book also reported that [...]
  • OIG ‘limited-scope’ reviews of 3 merged credit unions detail causes of a related $5.7 million in NCUSIF losses

    July 15, 2026 0
    Limited reviews of three credit unions that were merged with other institutions in 2025 and this spring – and which caused losses to the National Credit Union Share Insurance Fund (NCUSIF) – were released recently by the federal credit union [...]
  • 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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