21sept29 – Regulatory Report

What's up

[ September 14, 2026 ] Credit unions see delinquencies inch up as loan demand remains high; savings rise too NCUA
[ September 11, 2026 ] Proposed guidance focuses on risk management with third parties; statement on community banks ‘core service providers’ issued FDIC
[ September 11, 2026 ] Banks can start submitting CRA aggregate data via Fed portal in 2028 Other
[ September 11, 2026 ] Interim rule qualifies more banks for 18-month exam schedule FDIC
[ September 8, 2026 ] Cannabis businesses still having trouble obtaining banking services, report finds Other

CFPB: Credit card debt dropped, digital engagement rose during pandemic; bureau looking to issuers for continued service improvements

September 29, 2021 0

Growth in the consumer credit card market in recent years reversed itself in 2020, with credit card debt falling to $811 billion by the second quarter of 2020 from a 2019 peak of $926 billion […]

Alert puts credit unions on notice: submissions to CFPB’s ‘Collect’ website can be made now (and note those deadlines)

September 29, 2021 0

Credit unions may begin submitting data on credit card agreements with their members, and applying data submission requirements, to the federal consumer financial protection agency’s website for collecting credit card information, the National Credit Union […]

Credit unions see delinquencies inch up as loan demand remains high; savings rise too

September 14, 2026 0

The loan delinquency rate was up at credit unions at midyear, compared to a year earlier, as credit union assets also grew during the same period, their federal regulator said Monday. In a release, the National Credit Union Administration (NCUA) [...]
Proposed guidance focuses on risk management with third parties; statement on community banks ‘core service providers’ issued

September 11, 2026 0

Managing risks associated with third-party relationships is the subject of proposed guidance issued Friday by federal banking and credit union regulators. The banking agencies also issued a statement on community banks’ engagement with core service providers. According to the agencies [...]
Banks can start submitting CRA aggregate data via Fed portal in 2028

September 11, 2026 0

Banks required or choosing to report Community Reinvestment Act (CRA) aggregate data will be able to use a streamlined process beginning with the 2027 reporting year – meaning for submissions due by March 1, 2028, a regulators’ panel said Friday. [...]
Interim rule qualifies more banks for 18-month exam schedule

September 11, 2026 0

An extended, 18-month on-site exam cycle will apply to certain banks having assets of less than $6 billion under an interim final rule by the three federal prudential banking regulators. The Federal Reserve Board, Federal Deposit Insurance Corp. (FDIC), and [...]