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What's up
  • [ 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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22may12

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The Fed

Two more confirmed to Fed Board – chair and member – both on bipartisan, overwhelming votes

May 12, 2022 0

The Federal Reserve Board now has a permanent chair, and is a step closer to having its full contingent of seven members after action in successive days by the U.S. Senate. Jerome H. (“Jay”) Powell […]

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The Fed

Worker tries to bump bank salary by faking offer from competing institution

May 12, 2022 0

A former worker of Deutsche Bank AG New York Branch agreed to a cease and desist order from the Federal Reserve that the banker faked a proposed salary offer from a competing firm seeking to […]

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OCC

Comptroller voices concern over ‘hype, risk’ consumers facing with crypto investments; counsels education, awareness

May 12, 2022 0

The hype and the risk consumers face with cryptocurrency investments and other digital assets is of concern to the national banking regulator, he told a group Thursday, describing the ventures as a “get rich quick” […]

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FDIC

Agencies finally release revised flood insurance Q&As, including 144 new, updated ones

May 12, 2022 0

Federal flood insurance law and federal regulators’ implementing rules are the topic of revised questions and answers (Q&As) released late Wednesday by federal financial institution regulators and the Farm Credit Administration (FCA). According to the […]

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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