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What's up
  • [ December 22, 2025 ] 3 CFPB records systems under revision to allow Treasury payments screening access CFPB
  • [ December 22, 2025 ] Treasury, FinCEN target scores of MSBs along southern border for alleged money laundering activity Federal financial regulation
  • [ December 19, 2025 ] Debit, prepaid card transactions slowed down in 2021-23 – but interchange fees grew, Fed report finds The Fed
  • [ December 19, 2025 ] Fed wants comments on new payment account, ‘tailored’ to meet ‘limited needs’ of banks, credit unions The Fed
  • [ December 19, 2025 ] Banks’ Q3 trading revenue up 12.7% over year ago, OCC reports OCC
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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

  • 3 CFPB records systems under revision to allow Treasury payments screening access

    December 22, 2025 0
    Three notices of records system modifications by the Consumer Financial Protection Bureau (CFPB) would implement a March White House executive order that gives Treasury screening authority over payments by federal agencies. The notices, published Monday in the Federal Register and [...]
  • Treasury, FinCEN target scores of MSBs along southern border for alleged money laundering activity

    December 22, 2025 0
    Money services businesses (MSBs) operating along the southwest border of the country are the target of a new effort by the Treasury and its financial crimes enforcement unit to unearth alleged money laundering activity, the agencies said Monday. The Treasury [...]
  • Debit, prepaid card transactions slowed down in 2021-23 – but interchange fees grew, Fed report finds

    December 19, 2025 0
    Debit and general-use prepaid card transactions grew at a slower rate in the period 2021-23 than previous periods, the Federal Reserve said Friday, and interchange fees have been rising. In its biennial, statutorily mandated report on debit card transactions, summarizing [...]
  • Fed wants comments on new payment account, ‘tailored’ to meet ‘limited needs’ of banks, credit unions

    December 19, 2025 0
    A new “payment account” — tailored to meet the limited needs of eligible financial institutions seeking payments and settling services – is being considered by the Federal Reserve, and the agency said Friday it wants comments on the idea. In [...]
  • Banks’ Q3 trading revenue up 12.7% over year ago, OCC reports

    December 19, 2025 0
    U.S. commercial banks and savings associations had $18.4 billion in cumulative trading revenue in the third quarter of this year – $1.8 billion (10.9%) more than the previous quarter and $2.1 billion (12.7%) more than a year ago, the national [...]
  • Agency releases latest version of CECL accounting tool for use by small credit unions

    December 19, 2025 0
    The latest version of a tool for navigating current expect credit loss (CECL) accounting requirements for small, complex credit unions was released Thursday by the federal credit union regulator as part of a quarterly update. The tool is an option, [...]

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