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What's up
  • [ December 8, 2025 ] New credit union, third this year, will provide lending, saving to CA underserved area FDIC
  • [ December 8, 2025 ] Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report FDIC
  • [ December 5, 2025 ] Agencies withdraw 12-years-old guidance on leveraged lending; banks told to apply ‘general principles on risk management’ FDIC
  • [ December 5, 2025 ] OCC rescinds, replaces 2023 venture loan guidance for banks OCC
  • [ December 5, 2025 ] Decrease in reliance on checks for payments has Fed asking ‘should we phase out our services, or upgrade (at higher cost)?’ The Fed
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OCC

ICYMI: OCC follows Fed, FDIC in setting bank asset-size thresholds for CRA in 2022

January 4, 2022 0

The Office of the Comptroller of the Currency (OCC) in late December issued its revised asset-size thresholds for banks defined as “small” and “intermediate small” under regulations implementing the anti-redlining Community Reinvestment Act (CRA). The […]

FDIC

3 of the 41 banks rated in October were outstanding under CRA, FDIC reports

January 4, 2022 0

Community Reinvestment Act (CRA) evaluation ratings from October included three outstandings and 38 satisfactories, according to the results released Tuesday by the Federal Deposit Insurance Corp. (FDIC). The three banks rated outstanding under the anti-redlining […]

NCUA

Trio of regulators’ nominations resubmitted to Senate, including one already considered in hearing

January 4, 2022 0

More than 90 nominations were sent to the Senate Tuesday by the White House – including three for federal regulatory agencies, even though their names had been already submitted last year and (in one case) […]

FDIC

Two appointed to senior positions by outgoing FDIC Chairman, ‘approved by board’

January 4, 2022 0

The outgoing chairman of the federal bank deposit insurance fund has appointed two long-time agency staff members to senior positions, one as a deputy to her – even though she’s leaving in a month. The […]

Today

  • New credit union, third this year, will provide lending, saving to CA underserved area

    December 8, 2025 0
    A new credit union will soon be offering financial services – including mortgages and home equity loans — to its membership in the Bay Area of California, its federal regulator said Monday. The charter for Haven Federal Credit Union(FCU)  – [...]
  • Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report

    December 8, 2025 0
    Three banks earned ratings of “outstanding” for their compliance with anti-redlining rules in results of examinations in September, the federal bank deposit insurance agency said Friday. However, three other banks earned ratings of “needs improvement” and the remaining 52 banks [...]
  • Agencies withdraw 12-years-old guidance on leveraged lending; banks told to apply ‘general principles on risk management’

    December 5, 2025 0
    Recission of guidance issued 12 years ago on leveraged lending was announced Friday by two federal banking regulators, who called it “overly restrictive” and impeding banks’ “risk management principles that guide their other business decisions,” the agencies said in joint [...]
  • OCC rescinds, replaces 2023 venture loan guidance for banks

    December 5, 2025 0
    The national bank regulator on Friday issued an updated guidance bulletin on “venture loans” to “reflect the OCC’s policy of not discouraging banks from engaging in prudent venture lending activities.” Bulletin 2025-45, “Commercial Lending: Venture Loans to Companies in an Early, [...]
  • Decrease in reliance on checks for payments has Fed asking ‘should we phase out our services, or upgrade (at higher cost)?’

    December 5, 2025 0
    With check use steadily declining, check fraud rising, and digital payment methods growing in availability and use, the Federal Reserve wants the public to weigh in on the future of Reserve Banks’ check services, the agency said late Thursday. That [...]
  • Alleged forgery on approval documents leads to banker’s prohibition

    December 5, 2025 0
    Forged signatures on certain approval documents have led a former worker at a Columbus, Ga., bank to be prohibited from further service at financial institutions, the Federal Reserve said Friday. According to the Fed, Julio A. Gonzalez, a former universal [...]
  • Fed expects modest fees increase in 2026 for check clearing, ACH, instant payments

    December 5, 2025 0
    An estimated 0.9% average price increase for established, mature services such as check clearing, automated clearing house (ACH) transactions and instant payments (among others) will be in effect for 2026, the Federal Reserve said late Thursday. In a release announcing [...]
  • Credit unions see 3Q increases in net worth, ROAA; delinquencies higher

    December 5, 2025 0
    Credit unions posted increases across a wide variety of performance metrics in the third quarter, their federal regulator said Friday, compared to the same period one year earlier. Those included, the National Credit Union Administration (NCUA) said, a net worth [...]
  • FSOC plans meeting with discussions on nonbank determinations – and more

    December 5, 2025 0
    An update on interpretive guidance on nonbank financial company determinations is among the items on the agenda for the multi-federal financial regulators’ meeting set for next week, the Treasury Department said Friday. The meeting of the Financial Stability Oversight Council [...]

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