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What's up
  • [ October 2, 2026 ] Wisconsin bank, holding company consent to enforcement actions for ‘unsafe, unsound’ practices FDIC
  • [ October 1, 2026 ] Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets NCUA
  • [ October 1, 2026 ] FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims FDIC
  • [ October 1, 2026 ] ‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan FDIC
  • [ October 1, 2026 ] Failed California bank will cost bank insurance fund $114 million FDIC
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OCC

GAO: OCC should use ‘new types of analysis’ when updating redlining exams

June 21, 2022 0

New types of analysis when updating redlining examination procedures should be considered by the regulator of national banks when conducting oversight of bank lending practices, the congressional watchdog said in a report Tuesday. In a […]

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FDIC

FDIC’s new restoration plan memo notes recent slowing in deposit growth but retention of deposits from previous growth spurts

June 21, 2022 0

Deposit growth rates may have slowed from the second quarter of 2021 on, but a staff analysis at the federal bank deposit insurance agency shows that insured deposits resulting from “extraordinary growth” in the first […]

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OCC

OCC schedules July director workshops on credit, operational risks

June 21, 2022 0

Two workshops – on credit and operational risk – will be held July 12-13 in Pittsburgh, sponsored by the regulator of national banks, the agency said Tuesday. In a release, the Office of the Comptroller […]

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OCC

Sizable increase in Q1 ’22 trading revenue posted by some banks in first quarter for $3.4 billion

June 21, 2022 0

An increase of 47.8% in trading revenue – $3.4 billion – was recorded by banks and savings associations in the first quarter over the end of last year, the regulator of national banks said Tuesday, for […]

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FDIC

Banks will face 2bp more in deposit insurance assessment rates under proposal

June 21, 2022 0

Deposit insurance assessment rates paid by banks would be increased by 2 basis points under a proposal issued Tuesday by the federal bank deposit insurance agency. The proposed assessment rate schedules would begin with the […]

Today

  • Wisconsin bank, holding company consent to enforcement actions for ‘unsafe, unsound’ practices

    October 2, 2026 0
    A Wisconsin bank’s holding company is now under an enforcement order issued Friday by the Federal Reserve for “unsafe and unsound” banking practices – about two months after another federal banking agency issued a similar order for the bank owned [...]
  • Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets

    October 1, 2026 0
    A troubled Mississippi credit union was closed and its members and savings (shares) were assumed by an Alabama Credit Union, the federal regulator announced late Wednesday. Jackson Area Federal Credit Union (FCU), of Jackson Miss., was closed and its members [...]
  • FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims

    October 1, 2026 0
    Workplace culture reforms spawned by allegations of sexual harassment at the federal bank deposit insurance agency will no longer be overseen by an independent monitor, the agency said late Wednesday, asserting that the monitor’s work had concluded. The Federal Deposit [...]
  • ‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan

    October 1, 2026 0
    Feedback letters from 15 banking organizations with more than $250 billion in assets on their resolution plans were published Sept. 29 by the Federal Reserve and the Federal Deposit Insurance Corp. (FDIC), the agencies said. However, the Office of the [...]
  • Failed California bank will cost bank insurance fund $114 million

    October 1, 2026 0
    A failed California bank that was closed Sept. 25 is estimated to cost the federal bank deposit insurance fund about $114 million, the insurance fund said agency. The bank reopened Sept. 28 as a branch of a Utah bank as [...]
  • Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines

    September 25, 2026 0
    Misappropriation of about $246,000 from teller cash dispenser machines has led to the prohibition of a former teller supervisor of a bank in the Maryland suburbs of Washington, D.C., the Federal Reserve said Thursday. According to the agency, Renee Nicole [...]

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