21oct15 – Regulatory Report

What's up

[ May 14, 2026 ] Uninsured depositors – especially largest – were first, fastest to run from 2023 bank failures, study finds FDIC
[ May 14, 2026 ] New Utah bank owned by arm of auto manufacturing giant approved for deposit insurance; will focus on auto finance Federal financial regulation
[ May 13, 2026 ] Most adults said in 2025 they were doing OK financially (well before prices surged in 2026) The Fed
[ May 12, 2026 ] Treasury official nominated to succeed Hauptman at NCUA NCUA
[ May 11, 2026 ] One alert offers ‘red flag’ examples of Iranian group’s efforts to launder money, another warns against human trafficking at World Cup Other

In first action since taking CFPB seat, Chopra/agency join in appealing consumer FCRA decision

October 15, 2021 0

Arguing that a consumer reporting agency is subject to requirements of the Fair Credit Reporting Act (FCRA), the federal consumer financial protection agency has joined the state of North Carolina and the Federal Trade Commission […]

Board to consider final rule for expanding lending, services role for credit union service organizations

October 14, 2021 0

Finalizing a proposed – and contentious – rule on expanded lending and services provided by federal credit union (FCU) credit union service organizations (CUSOs) highlights the scheduled agenda for next week’s meeting of the federal […]

Uninsured depositors – especially largest – were first, fastest to run from 2023 bank failures, study finds

May 14, 2026 0

Depositors with substantial uninsured funds – especially the largest depositors — were far more likely to flee three failing banks in 2023 than fully insured depositors, who mostly did not run, according to a study published Thursday by the federal [...]
New Utah bank owned by arm of auto manufacturing giant approved for deposit insurance; will focus on auto finance

May 14, 2026 0

Deposit insurance for a new Utah-chartered bank owned by a financial arm of auto manufacturing giant Stellantis and which will focus on nationwide auto financing was approved by the federal insurance agency, it said Thursday. Netherlands-based Stellantis owns such auto [...]
Most adults said in 2025 they were doing OK financially (well before prices surged in 2026)

May 13, 2026 0

Nearly three in four adults – 73% — said in 2025 they were either doing okay or living comfortably financially, according to a report issued Wednesday by the Federal Reserve. The Fed said the findings of the report, the Survey [...]
Treasury official nominated to succeed Hauptman at NCUA

May 12, 2026 0

Treasury’s deputy assistant secretary for financial institutions policy is President Trump’s pick to succeed Kyle Hauptman at the National Credit Union Administration (NCUA) Board. The White House included John Crews, who has had the Treasury post since June 2025, among [...]
One alert offers ‘red flag’ examples of Iranian group’s efforts to launder money, another warns against human trafficking at World Cup

May 11, 2026 0

Assisting banks to identify and stop money laundering in support of Iran’s Islamic Revolutionary Guard Corps (IRGC) is the aim of an alert issued Monday by the Treasury’s top financial crimes unit. The same unit, later in the day, issued [...]