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What's up
  • [ August 10, 2026 ] ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process FDIC
  • [ August 7, 2026 ] Senate confirms Crews to NCUA Board seat NCUA
  • [ August 7, 2026 ] NCUA liquidates 15-month-old federal credit union NCUA
  • [ August 5, 2026 ] Dallas, NY Federal Reserve Banks seek info on $1.3T private direct lending market The Fed
  • [ August 5, 2026 ] Credit union regulator finalizes 11 rules underpinning its deregulation project NCUA
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21sept20

FDIC

State FI regulatory concerns, economic inclusion focus of FDIC advisory panel meetings next month

September 20, 2021 0

Two advisory committees to the federal insurer of bank deposits – one made up of state financial institution regulators, the other focused on economic inclusion matters – are slated to meet virtually in open session […]

No Picture
CFPB

Software firm faces lawsuit for allegedly helping credit repair companies charge illegal fees

September 20, 2021 0

A California-based software company that helps credit repair businesses allegedly charge illegal fees now faces a lawsuit from the federal consumer financial protection agency for harming consumers and violating federal telemarketing sales rules, the agency […]

OCC

CA bank draws cease-and-desist order over weaknesses in customer-info security program

September 20, 2021 0

A cease-and-desist order issued Monday requires MUFG Union Bank, N.A., San Francisco, to undergo a series of steps to strengthen its compliance with interagency guidance focused on the protection of customer information. The consent order […]

NCUA

Small S.C. credit union becomes third credit union of year closed

September 20, 2021 0

A small Charleston, S.C., credit union became the third to be liquidated this year by the federal credit union regulator late last week, as the agency determined it was insolvent and had no prospect for […]

Today

  • ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process

    August 10, 2026 0
    Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation (FDIC) said a new, two-phase [...]
  • Senate confirms Crews to NCUA Board seat

    August 7, 2026 0
    The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant secretary for financial institutions policy. [...]
  • NCUA liquidates 15-month-old federal credit union

    August 7, 2026 0
    The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after finding it was “insolvent and [...]

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