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What's up
  • [ June 30, 2025 ] Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession The Fed
  • [ June 30, 2025 ] Risk on rise for banks in three key areas, OCC reports, as economic uncertainty increases OCC
  • [ June 30, 2025 ] Citing imminent insolvency, credit union regulator closes doors of OH cooperative; members, accounts transferred to another NCUA
  • [ June 30, 2025 ] 2 former credit union employees barred from future work in insured FIs NCUA
  • [ June 30, 2025 ] Texas bank became second to fail so far this year OCC
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Council releases exam information request ‘best practices,’ plan for common authentication for secure systems

January 21, 2022 0

Best practices for requesting examination information from banks, credit unions, and other federally supervised financial institutions, and a common authentication solution for secure access to the regulators’ supervision systems, were issued Friday by the umbrella […]

FDIC

Final deposit insurance rule combines revocable, irrevocable trusts for coverage, FDIC says

January 21, 2022 0

A final rule aimed at simplifying deposit insurance coverage for deposits held in connection with revocable and irrevocable trusts was approved Friday by the Federal Deposit Insurance Corp. (FDIC) Board, the agency announced. The rule, […]

NCUA

Harper nomination to full NCUA Board term, with bipartisan committee vote, headed to full Senate

January 21, 2022 0

Todd Harper’s nomination to a full term on the National Credit Union Administration (NCUA) Board, one of only two nominations approved by the Senate Banking Committee Thursday that won better than a tie vote from […]

NCUA

Credit union regulator to consider proposal on succession planning, hear briefings

January 21, 2022 0

The board of the federal credit union regulator will consider a proposed rule on succession planning at federal credit unions and a final rule on resetting civil monetary penalties (CMP), and will receive three briefings, […]

Today

  • Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession

    June 30, 2025 0
    The 22 large banks subjected to the Federal Reserve Board’s 2025 stress test reportedly are “well positioned” to withstand a hypothetical, severe recession while remaining above their minimum capital requirements and continuing to lend to households and businesses, the Fed [...]
  • Risk on rise for banks in three key areas, OCC reports, as economic uncertainty increases

    June 30, 2025 0
    Economic uncertainty has increased as consumer sentiment, geopolitical risk, sustained higher interest rates, and downward movement in some macroeconomic indicators have all had their impact on threats to the banking system, the national bank regulator said Monday. In its Semiannual [...]
  • Citing imminent insolvency, credit union regulator closes doors of OH cooperative; members, accounts transferred to another

    June 30, 2025 0
    A Middletown, Ohio, credit union has been closed and its members and their accounts moved to a Cincinnati, Ohio, credit union, the federal regulator said Monday. Butler Heritage Federal Credit Union (FCU) of Middletown was liquidated by the National Credit [...]
  • 2 former credit union employees barred from future work in insured FIs

    June 30, 2025 0
    A former employee of a Kansas credit union and one from a credit union in Pennsylvania are barred from participating in the affairs of any federally insured depository institution, the federal credit union regulator said Monday. The National Credit Union [...]
  • Texas bank became second to fail so far this year

    June 30, 2025 0
    A Santa Anna, Texas, bank was closed late Friday by the national bank regulator, becoming the second bank to fail so far this year. Santa Anna National Bank was closed by the Office of the Comptroller of the Currency (OCC), [...]

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