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  • [ December 9, 2025 ] Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending OCC
  • [ December 9, 2025 ] OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions OCC
  • [ December 8, 2025 ] New credit union, third this year, will provide lending, saving to CA underserved area FDIC
  • [ December 8, 2025 ] Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report FDIC
  • [ December 5, 2025 ] Agencies withdraw 12-years-old guidance on leveraged lending; banks told to apply ‘general principles on risk management’ FDIC
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Guide helps banks, credit unions implement voice payments through Google, Amazon

May 4, 2022 0

Implementing voice payments skills through smart devices, such as the Amazon Echo and Google Nest, is the aim of a legal and risk mitigation resource guide unveiled Tuesday by the group that oversees the national […]

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NCUA

Protecting oldsters from financial fraud aim of session by credit union, consumer protection agencies

May 4, 2022 0

Protecting older Americans against financial exploitation is the goal of a May 19 webinar hosted by the federal credit union regulator, the agency said Wednesday, adding that the federal consumer financial protection agency will also […]

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OCC

‘Responsible innovation’ theme for virtual office hours in June

May 4, 2022 0

Promoting responsible innovation in the federal banking system is the objective of virtual office hours scheduled by the national bank regulator for June 14-15, the agency said Wednesday. And, according to the Office of the […]

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CFPB

BofA slapped with $10 million penalty for processing ‘illegal,’ out-of-state garnishment orders against customer accounts

May 4, 2022 0

A $10 million penalty was ordered against Bank of America for processing illegal, out-of-state garnishment orders against its customers’ bank accounts, the federal consumer financial protection agency said. According to the Consumer Financial Protection Bureau […]

Today

  • Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending

    December 9, 2025 0
    The courts, or Congress, should remedy the outcome of a legal case decided last month that out-of-state banks and fintech partners lending to someone in Colorado must comply with state interest rate caps, the national banking regulator said Tuesday as [...]
  • OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions

    December 9, 2025 0
    Banks may engage in “riskless” principal crypto-asset transactions with and on behalf of their customers, according to an interpretive letter released Tuesday by the Office of the Comptroller of the Currency (OCC). The letter, from the agency’s senior deputy comptroller [...]
  • New credit union, third this year, will provide lending, saving to CA underserved area

    December 8, 2025 0
    A new credit union will soon be offering financial services – including mortgages and home equity loans — to its membership in the Bay Area of California, its federal regulator said Monday. The charter for Haven Federal Credit Union(FCU)  – [...]
  • Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report

    December 8, 2025 0
    Three banks earned ratings of “outstanding” for their compliance with anti-redlining rules in results of examinations in September, the federal bank deposit insurance agency said Friday. However, three other banks earned ratings of “needs improvement” and the remaining 52 banks [...]

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