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  • [ 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
  • [ September 25, 2026 ] Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines The Fed
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FDIC

FDIC assesses $25k CMP over misappropriation of funds; former official barred for ID theft

June 24, 2022 0

A handful of civil money penalty orders and prohibitions are included among the 14 enforcement orders issued in May and released Friday by the Federal Deposit Insurance Corp. (FDIC). In one consent order, the FDIC […]

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OCC

To no surprise, inflation, rising interest rates, cited in report as key risks facing banks

June 24, 2022 0

Inflation, a rising interest-rate environment, and ongoing pandemic and geopolitical events are among the key risks facing the performance of the nation’s banks, according to a report issued late Thursday by the national bank regulator. […]

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The Fed

Banks weather stress tests with plenty of capital, even though scenario led to deeper depletion

June 24, 2022 0

All banks subject to this year’s stress tests remained above their minimum capital requirements, reaching a minimum of 9.7% – more than double the minimum requirement – despite total projected losses in the test scenario […]

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OCC

Former acting comptroller to retire; agency announces other executive changes

June 24, 2022 0

A former acting top regulator of national banks announced his retirement Friday, as other executive changes were announced by the agency. Blake Paulson, who served as acting comptroller of the currency – the top position […]

Today

  • 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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