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What's up
  • [ August 24, 2026 ] John Crews sworn in, designated NCUA Board chairman NCUA
  • [ August 24, 2026 ] Failed Philadelphia savings bank, closed late Friday, estimated to cost FDIC $5 million; sole branch reopens after P&A by other bank FDIC
  • [ August 20, 2026 ] Fed makes public two consents to prohibitions, both for misappropriation of customer funds The Fed
  • [ August 20, 2026 ] Crews awaits swearing-in to seat on NCUA Board NCUA
  • [ August 19, 2026 ] With GENIUS Act date looming, OCC chief says rules will be ready in November OCC
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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

  • John Crews sworn in, designated NCUA Board chairman

    August 24, 2026 0
    A former Treasury official, John Crews, was sworn in Monday to a seat on the National Credit Union Administration (NCUA) Board, and he was designated chairman by President Donald Trump, the agency said. Crews, nominated in May and confirmed by [...]
  • Failed Philadelphia savings bank, closed late Friday, estimated to cost FDIC $5 million; sole branch reopens after P&A by other bank

    August 24, 2026 0
    The sole branch of a failed Philadelphia savings bank was scheduled to reopen Monday after its deposits were assumed, and “substantially all” its assets were purchased, by another savings bank in the city, the federal insurer of bank deposits said [...]
  • Fed makes public two consents to prohibitions, both for misappropriation of customer funds

    August 20, 2026 0
    Two more former bank workers have consented to prohibition orders, both for misappropriation of customer funds, the Federal Reserve said Thursday. The one of the prohibitions is for a former employee at Regions Bank, adding to the at least four [...]
  • Crews awaits swearing-in to seat on NCUA Board

    August 20, 2026 0
    There’s been no news yet of the swearing-in of John Crews to a term on the board of the National Credit Union Administration (NCUA), which is apparently working with all three board seats vacant. Crews, a Treasury official, was nominated [...]

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