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What's up
  • [ July 3, 2025 ] Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts FDIC
  • [ July 3, 2025 ] 7 banks ‘outstanding,’ 64 ‘satisfactory’ for CRA, FDIC reports in latest disclosure FDIC
  • [ July 1, 2025 ] NCUA shutters small IL credit union after 12-day conservatorship; third to close in two weeks NCUA
  • [ July 1, 2025 ] Seven banks – including Bank of China branches – earn top ratings for CRA compliance OCC
  • [ June 30, 2025 ] Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession The Fed
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OCC

Bulletin outlines processes for input from states on national banks’ performance under local community reinvestment laws

February 2, 2022 0

Processes for considering input from state banking commissioners regarding national banks’ performance under state community reinvestment laws are addressed in a bulletin issued Wednesday by the national bank regulator. The Office of the Comptroller of […]

FDIC

Agency expands ‘#GetBanked’ program for unbanked into three more metro areas

February 2, 2022 0

A program designed to expand financial inclusion to “unbanked” persons will be expanded to three more cities, the federal insurance program for bank deposits said Wednesday. The Los Angeles, Dallas, and Detroit metropolitan areas will […]

NCUA

Alert reminds credit unions of threshold for collecting HMDA data

February 2, 2022 0

A reminder that credit unions must comply with rules governing disclosure in mortgage loans, particularly those meeting four criteria, is outlined by their federal regulator in a “regulatory alert” issued Wednesday. The National Credit Union […]

FDIC

Credit union regulator’s board members laud FDIC’s McWilliams as she heads for the door

February 2, 2022 0

Outgoing Federal Deposit Insurance Corp. (FDIC) Board Chairman Jelena McWilliams received a note of acknowledgement Wednesday from her colleagues at the credit union regulator’s board with a joint statement signed by all three. NCUA Chairman […]

Today

  • Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts

    July 3, 2025 0
    The two most common violations of consumer compliance supervision in 2024 were those related to truth-in-lending and mandatory flood insurance – pretty much the same results reported in 2023 — according to an annual report issued Thursday by the federal [...]
  • 7 banks ‘outstanding,’ 64 ‘satisfactory’ for CRA, FDIC reports in latest disclosure

    July 3, 2025 0
    Seventy-one banks whose performance ratings under the anti-redlining Community Reinvestment Act (CRA) were announced Thursday were all rated either “outstanding” or “satisfactory,” according to the Federal Deposit Insurance Corp. (FDIC). The information, which the FDIC said became publicly available in [...]
  • NCUA shutters small IL credit union after 12-day conservatorship; third to close in two weeks

    July 1, 2025 0
    A tiny credit union that was placed into conservatorship June 18 was closed by its federal regulator July 1, the agency said in a release that alleged violations of federal law and rules. It is the third credit union the [...]
  • Seven banks – including Bank of China branches – earn top ratings for CRA compliance

    July 1, 2025 0
    Seven banks – including two branches of the Bank of China – received the highest ratings for compliance with rules implementing anti-redlining laws, according to scores released Tuesday by the national bank regulator. The ratings for compliance with Community Reinvestment [...]

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