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What's up
  • [ September 4, 2026 ] Targeting order for currency transaction reporting by MSBs along Southwest Border renewed Other
  • [ September 4, 2026 ] FinCEN issues alert, seeks FI vigilance against digital asset investment scams Other
  • [ September 4, 2026 ] Economic activity rose in August, but ‘heightened uncertainty’ linked to energy prices, Iran war persists The Fed
  • [ September 3, 2026 ] Public banks’ annual financial disclosures should be reviewed by SEC, GAO decides; SEC says ‘not it’ FDIC
  • [ September 3, 2026 ] Info on ‘suspicious activity’ reports may be shared – but not specific reference to reports, agencies declare FDIC
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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

  • Targeting order for currency transaction reporting by MSBs along Southwest Border renewed

    September 4, 2026 0
    A geographic targeting order (GTO) requiring money services businesses (MSBs) along the Southwest Border to file additional currency transaction reports (CTRs) was renewed and accompanied by updates to frequently asked questions. The order, issued by Treasury’s Financial Crimes Enforcement Network [...]
  • 2 banks rated ‘needs to improve,’ 2 ‘outstanding’ in FDIC’s latest CRA ratings list

    September 4, 2026 0
    Of the 37 banks that received evaluation ratings under the anti-redlining Community Reinvestment Act (CRA) in June, two were rated “needs to improve” and two were deemed “outstanding,” their federal regulator said. The Federal Deposit Insurance Corp. (FDIC) list shows [...]
  • FinCEN issues alert, seeks FI vigilance against digital asset investment scams

    September 4, 2026 0
    Financial institutions are urged to be vigilant against digital asset investment scams perpetrated by overseas scam centers in a recent alert from Treasury’s financial crimes enforcement arm. The Financial Crimes Enforcement Network (FinCEN), in a release Thursday, pointed to a [...]
  • Economic activity rose in August, but ‘heightened uncertainty’ linked to energy prices, Iran war persists

    September 4, 2026 0
    Economic activity increased, slightly to moderately, in 10 to 12 Federal Reserve districts since early July through August, the agency said Wednesday in its latest semi-monthly report on economic conditions. However, the Beige Book also noted, although the general economic [...]
  • Public banks’ annual financial disclosures should be reviewed by SEC, GAO decides; SEC says ‘not it’

    September 3, 2026 0
    Authority to review some banks’ annual financial disclosures should be reassessed, perhaps shifted to the federal agency that oversees security markets, the congressional watchdog recommended in a report issued Thursday. The security market oversight agency, the Securities and Exchange Commission [...]
  • Info on ‘suspicious activity’ reports may be shared – but not specific reference to reports, agencies declare

    September 3, 2026 0
    Banks and credit unions are not barred from sharing information contained on anti-money laundering reports about potentially fraudulent or other suspicious transactions with other financial institutions or customers if the existence of the report is not revealed, federal agencies said [...]
  • FDIC allows more banks to except some reciprocal deposits from brokered deposits reporting, raises cap

    September 3, 2026 0
    An interim final rule in effect now and out for comment until Oct. 1 qualifies more institutions to use a limited exemption – now also expanded – that permits excepting a portion of reciprocal deposits from brokered deposits reporting. Issued [...]
  • 7 banks graded ‘outstanding’ for CRA by OCC

    September 3, 2026 0
    Seven of the 23 banks whose Community Reinvestment Act (CRA) ratings became public in August were rated “outstanding,” with the remaining 16 rated “satisfactory,” according to data released by the national bank regulator. The August list, released Tuesday by the [...]
  • $2.4 million Kansas City credit union merged after 2-month conservatorship

    September 1, 2026 0
    The conservatorship of WeDevelopment Federal Credit Union of Kansas City, Mo., ended with the credit union merged into CommunityAmerica Federal Credit Union, Lenexa, Kan., according to a release Tuesday. The National Credit Union Administration (NCUA) placed WeDevelopment Federal Credit Union [...]

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