21sept29 – Regulatory Report

What's up

[ March 20, 2026 ] Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay The Fed
[ March 19, 2026 ] Agencies release three proposals that will result in lower capital for nation’s banks, claiming ‘framework will be improved’ FDIC
[ March 19, 2026 ] Registration open for OCC workshops for community bank directors, senior management OCC
[ March 18, 2026 ] Banker earns prohibition after alleged absconding with customer’s money, depositing funds into her own account OCC
[ March 17, 2026 ] Board appeal discussed at closed NCUA Board meeting NCUA

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 […]

Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay

March 20, 2026 0

A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future service in federally insured financial institutions under a March consent order finding that she withdrew $323,500 from a bank customer’s account for her own benefit. The [...]
Agencies release three proposals that will result in lower capital for nation’s banks, claiming ‘framework will be improved’

March 19, 2026 0

Three proposals to essentially lower the regulatory capital requirements “for banks of all sizes” was released Thursday by the federal banking agencies. According to the Office of the Comptroller of the Currency (OCC), the proposals “would improve the calculation of [...]
Registration open for OCC workshops for community bank directors, senior management

March 19, 2026 0

A series of six in-person, full-day workshops for board directors and senior management of national community banks and federal savings associations is being offered by the national bank regulator in 2026, the agency said Thursday. Thursday’s news release appears to [...]
Board appeal discussed at closed NCUA Board meeting

March 17, 2026 0

The federal credit union regulator’s board – which consists solely of its chairman, Kyle Hauptman – held a closed meeting Tuesday on what was listed as a board appeal, according to information on the agency’s website. The National Credit Union [...]
Memo: Top NCUA management, performance challenges for 2026 include balance sheet management, agency realigment

March 17, 2026 0

A February memorandum counts balance sheet management, “redefinining” regulatory and supervisory approaches, and agency realignment following a 23% reduction in staff among the top management and performance challenges for the National Credit Union Administration (NCUA) in 2026. The memorandum, posted [...]
Fed sets open meeting on capital requirements, G-SIB surcharge

March 16, 2026 0

Proposals to revise capital rules for global, systemically important banking organizations (G-SIBs) and others are the discussion item for Thursday’s open meeting of the Federal Reserve Board, according to published notices. The Fed, in the notices, says the proposals are [...]
Proposed capital rules to be considered by FDIC Board at meeting next week

March 13, 2026 0

Proposed capital rules are on the agenda for the board of the federal bank deposit insurance agency, with a meeting set for Thursday (March 19), the agency said Friday. The Federal Deposit Insurance Corp. (FDIC) said its board would consider [...]