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  • [ April 17, 2026 ] Banking regulators revise model risk management guidance, rescind previous FDIC
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NCUA

Letter offers clarity on impact of credit union ‘service facility’ final rule

March 18, 2022 0

Ownership requirements related to shared locations are the only change made for multiple-common-bond federal credit unions adding groups or underserved areas under a new rule that took effect late last year, the institutions’ federal regulator […]

OCC

USAA FSB hit with $140 million in penalties over ‘willful’ BSA violations

March 17, 2022 0

A combined $140 million in civil money penalties was imposed against USAA Federal Savings Bank (FSB) in consent orders Thursday that cited the bank for Bank Secrecy Act/anti-money laundering (BSA/AML) violations, among them the failure […]

Today

  • Banking regulators revise model risk management guidance, rescind previous

    April 17, 2026 0
    The three federal prudential banking regulators on Friday issued revised model risk management guidance generally applicable to banking organizations with more than $30 billion in total assets. The Federal Deposit Insurance Corp. (FDIC), in a release, said the guidance “does [...]

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