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What's up
  • [ May 4, 2026 ] 6 of 21 banks getting CRA ratings were deemed ‘outstanding’ OCC
  • [ May 4, 2026 ] Latest credit union to close was in conservatorship since January NCUA
  • [ May 4, 2026 ] Closed Georgia bank held substantial sum of uninsured deposits, agency indicates FDIC
  • [ May 4, 2026 ] Six banks earn ‘outstanding’ ratings for CRA rules compliance OCC
  • [ April 27, 2026 ] UPDATED: OCC asserts preemption of disputed Illinois interchange fee law OCC
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Treasury details sanctions imposed against Russia, Putin, for Ukraine invasion

February 22, 2022 0

A detailed explanation of U.S. economic and financial sanctions imposed in response to Russian President Vladimir Putin’s decision to recognize two “’independent’ states” was released by the Treasury Department Tuesday. The Treasury detail was released […]

OCC

OCC replaces 2021 FAQs regarding rescission of 2020 final CRA rule

February 22, 2022 0

A new set of frequently asked questions (FAQs), with answers, addressing transitional issues related to last year’s rescission of a 2020 final Community Reinvestment Act (CRA) rule was issued Tuesday by the Office of the […]

CFPB

Bureau makes changes to procedures for adjudications, with eye to ‘effective, efficient’ proceedings

February 22, 2022 0

An updated rule that expands the opportunities for parties in adjudication proceedings to conduct depositions was issued – and became effective – Tuesday by the federal consumer financial protection agency. According to filings in Tuesday’s […]

FDIC

Agencies make clear: Special-purpose credit programs available to underserved communities

February 22, 2022 0

Special-purpose credit programs to meet the credit needs of specified classes of persons – particularly those of underserved communities – are available under federal law and regulations, the federal financial institution regulators, and federal housing […]

FDIC

Chief innovation officer quits at FDIC; claims ‘tech hesitancy’ among agency’s workforce

February 22, 2022 0

The chief innovation officer at the federal insurer of bank deposits – who was hired about a year ago after a search of more than two years by the agency – resigned Friday, citing hesitancy […]

Today

  • 6 of 21 banks getting CRA ratings were deemed ‘outstanding’

    May 4, 2026 0
    Six banks were deemed “outstanding” under the anti-redlining Community Reinvesment Act (CRA), and 15 were “satisfactory,” according to the latest list of rating released by the national bank regulator. The ratings for this batch of banks became public in April, [...]
  • Latest credit union to close was in conservatorship since January

    May 4, 2026 0
    People Trust Community Federal Credit Union of North Little Rock, Ark., was closed after about a three-month conservatorship by its federal regulator, becoming the second federally insured credit union closed in 2026. The National Credit Union Administration (NCUA), placed the [...]
  • Closed Georgia bank held substantial sum of uninsured deposits, agency indicates

    May 4, 2026 0
    No reason for the closure of a Georgia bank on Friday was released by the federal bank deposit insurance agency, except to note that the bank held a substantial sum (relative to its total deposits) in uninsured deposits, according to [...]
  • Six banks earn ‘outstanding’ ratings for CRA rules compliance

    May 4, 2026 0
    Six banks earned ratings of “outstanding” – out of 21 banks evaluated — for their compliance with rules implementing anti-redlining laws, according to April performance evaluations released Monday by the national bank regulator. The remaining 15 banks earned ratings of [...]
  • UPDATED: OCC asserts preemption of disputed Illinois interchange fee law

    April 27, 2026 0
    Updated to provide deadline for comments. Two interim final actions aimed at preempting an Illinois statute governing non-interest charges and fees, including interchange fees on the tax and tip portion of credit card transactions, were issued by the national bank [...]

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