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What's up
  • [ November 21, 2025 ] Former Wells banker wins reprieve from order resulting from sales practice misconduct case OCC
  • [ November 21, 2025 ] More time made available to comment on stress test model, transparency, accountability The Fed
  • [ November 19, 2025 ] White House offers OMB staffer, with focus on environment, to become consumer bureau director CFPB
  • [ November 19, 2025 ] Regulator takes control of small PA credit union, citing unsafe, unsound practices NCUA
  • [ November 18, 2025 ] Fed’s Barr warns of ‘real dangers’ from weakened bank supervision The Fed
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22jun15

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OCC

Montana banks in flood-affected areas may close, agency proclaims

June 15, 2022 0

Flooding in Montana has spurred the national bank regulator to allow banks and federal savings association affected by the inundation to close, the agency said Wednesday. In a proclamation, the Office of the Comptroller of […]

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Other

With elder financial abuse on rise, financial crime unit seeks help from banks, credit unions in battling

June 15, 2022 0

Illlegal or improper use of an older adult’s funds, property, and assets — often perpetrated either through theft or scams — is on the rise, the Treasury’s financial law enforcement arm said Wednesday, as it […]

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FDIC

FDIC eyes revision to insurance fund restoration plan; fund dipped to 1.23% in March

June 15, 2022 0

The restoration plan to return the reserve ratio of the federal bank deposit insurance fund, last reported at 1.23%, appears poised for revision, according to the agenda for the June 21 open meeting of the […]

Today

  • Former Wells banker wins reprieve from order resulting from sales practice misconduct case

    November 21, 2025 0
    A former Wells Fargo Bank executive has won a reprieve from a national bank regulator order earlier this year that would barred her from further financial institution service and assessed a multi-million dollar fine, the agency said Thursday. Claudia Russ [...]
  • More time made available to comment on stress test model, transparency, accountability

    November 21, 2025 0
    Need more time to comment on the stress test model and scenario transparency and accountability improvement proposal by the Federal Reserve? You’ve got it: until Feb. 21, a whole additional month. The Fed announced the comment extension Friday. It said [...]
  • White House offers OMB staffer, with focus on environment, to become consumer bureau director

    November 19, 2025 0
    The next leader for the federal consumer financial protection agency would be a staff member of the White House budget office – who has focused on environmental issues — if the Senate confirms the nomination, which it received Tuesday. According [...]
  • Regulator takes control of small PA credit union, citing unsafe, unsound practices

    November 19, 2025 0
    A small Pennsylvania credit union was placed into conservatorship by its federal regulator late Tuesday, which cited “unsafe and unsound practices,” the agency said. Copper & Glass Federal Credit Union in Glassport, Pa. – which has 1,255 members and assets [...]
  • Fed’s Barr warns of ‘real dangers’ from weakened bank supervision

    November 18, 2025 0
    Growing pressures to weaken bank supervision – to scale back bank examiner coverage, dilute ratings systems, and redefine “unsafe and unsound” – present “real dangers” to the American people, Federal Reserve Board Gov. Michael Barr said Tuesday. Speaking in Washington [...]
  • New ‘sharpened’ focus for Fed examiners released, signifying ‘a significant shift’ from past practices

    November 18, 2025 0
    Examiners will focus on material financial risks threatening safety and soundness of the banks they review and on taking “timely, proportionate action” to ensure the risks are “properly addressed,” the Federal Reserve said Tuesday in releasing its revamped supervisory operating [...]
  • Bank may pay ‘gas fees’ on blockchain networks, agency confirms in letter

    November 18, 2025 0
    So-called “gas fees” – or network fees – may be paid on blockchain networks, the national bank regulator said Tuesday in an interpretive letter, to facilitate “otherwise permissible activities.” The Office of the Comptroller of the Currency (OCC) said national [...]

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