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  • [ July 2, 2026 ] Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution The Fed
  • [ July 2, 2026 ] Agency promotes from within for leader to oversee supervisory data, systems OCC
  • [ July 1, 2026 ] Noncash payments up 300% overall since year 2000, led by debit cards, Fed study finds The Fed
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UPDATED: Treasury seeks public comment on digital assets development

July 7, 2022 0

A Treasury Department request for comment on the implications of development and adoption of digital assets and changes in financial market and payment infrastructures is slated for publication Friday in the Federal Register. Comments are […]

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FDIC

Chicago attorney sentenced to 4 months over false statement to FDIC, false tax filing

July 7, 2022 0

A Chicago attorney who reportedly lied about the use of funds he obtained from the now-defunct Washington Federal Bank for Savings and falsely claimed a mortgage interest deduction related to the credit was sentenced Wednesday […]

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The Fed

MA bank slapped with small penalty for flood insurance violations

July 7, 2022 0

Violations of rules implementing federal flood insurance laws has cost a Massachusetts bank a fine of $17,000, the Federal Reserve said in an enforcement action issued Thursday. In a release, the Fed said Easthampton Savings […]

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CFPB

Opinion clarifies that ‘permissible purposes’ needed for sharing of credit, background reports

July 7, 2022 0

“Permissible purposes” are required when credit reporting companies – and users of credit reports – share credit and background reports, the federal consumer financial protection agency clarified Thursday in an advisory opinion. According to the […]

Today

  • Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution

    July 2, 2026 0
    A Lenexa, Kansas, bank is “significantly undercapitalized” and has adopted a prompt corrective action directive prepared by the Federal Reserve, the agency said Thursday. Small Business Bank of Lenexa adopted the prompt corrective action directive after being found undercapitalized by [...]
  • Agency promotes from within for leader to oversee supervisory data, systems

    July 2, 2026 0
    Supervisory data, systems, reports and analytics, in support of supervision objectives and the national bank regulator’s mission, will be the responsibility of Jamie Wilds, the agency announced Thursday. In a release, the Office of the Comptroller of the Currency (OCC) [...]

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