22may03 – Regulatory Report

What's up

[ August 13, 2026 ] Banks flagged nearly $5 billion in suspected human trafficking, agency finds in BSA data Other
[ August 13, 2026 ] Former banker, alleged part of check-fraud ring, prohibited after nearly $400k in losses to bank The Fed
[ August 10, 2026 ] ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process FDIC
[ August 7, 2026 ] Senate confirms Crews to NCUA Board seat NCUA
[ August 7, 2026 ] NCUA liquidates 15-month-old federal credit union NCUA

9 banks get ‘outstanding’ CRA ratings in evals by FDIC, OCC; 1 ‘needs to improve’

May 3, 2022 0

Nine out of 69 federally supervised banks evaluated recently for their efforts under the anti-redlining Community Reinvestment Act (CRA) were rated “outstanding,” according to information released Tuesday by regulators, while one was deemed “needs to […]

FDIC revives small business lending survey with invitations sent to about 2,000 banks around the country

May 3, 2022 0

Banks’ small business lending practices and volumes are the subject of an online survey unveiled Tuesday by the federal insurer of bank deposits and the federal census agency, the two groups said in a release […]

Banks flagged nearly $5 billion in suspected human trafficking, agency finds in BSA data

August 13, 2026 0

“Consistent indicators,” including excessive cash activity conducted along the southwest border of the United States, among other things, are detailed in a report on suspected human smuggling issued Thursday by the Treasury’s financial crimes enforcement arm. According to the Financial [...]
Former banker, alleged part of check-fraud ring, prohibited after nearly $400k in losses to bank

August 13, 2026 0

Losses of nearly $400,000 caused by a check-fraud ring to Regions Bank in Memphis, Tenn., have earned a former bank worker a prohibition by the Federal Reserve, the agency said Thursday. In a release, the Fed said Elazia Jones, a [...]
‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process

August 10, 2026 0

Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation (FDIC) said a new, two-phase [...]
Senate confirms Crews to NCUA Board seat

August 7, 2026 0

The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant secretary for financial institutions policy. [...]
NCUA liquidates 15-month-old federal credit union

August 7, 2026 0

The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after finding it was “insolvent and [...]