23feb21 – Regulatory Report

What's up

[ January 6, 2026 ] CFPB ends silence; provides ‘tips, reminders’ for 2026 HMDA filings CFPB
[ January 6, 2026 ] Fed: Former bank branch manager who took $27k from customer accounts is barred The Fed
[ January 5, 2026 ] Nearly half of all banks – 15 – are ‘outstanding’ in latest CRA ratings from OCC OCC
[ January 2, 2026 ] Trio of former credit union workers banned; agency claims one caused $720,000 loss over decade NCUA
[ January 2, 2026 ] Dearth of banks earning ‘outstanding’ CRA ratings, while two banks score ‘needs improvement’ FDIC

Cattle-trading scam that acted as Ponzi scheme earns pair six year prison terms

February 21, 2023 0

A cattle-trading system that is described as a Ponzi scheme and that resulted in millions of dollars in losses to victims of the scam has resulted in six-year prison terms for the individuals who ran […]

Comptroller updates booklet on change in bank control

February 21, 2023 0

The “Change in Bank Control” booklet of the Comptroller’s Licensing Manual has been updated from the version last issued in 2017, the Office of the Comptroller of the Currency (OCC) said Thursday. The revised booklet […]

Former CEO of First NBC Bank convicted of fraud leading to bank failure

February 21, 2023 0

Ashton J. Ryan Jr., the former top executive of the now-defunct First NBC Bank (New Orleans) was found guilty last week of fraud that contributed to the failure of the nearly $5-billion-in-assets bank in 2017, […]

CFPB ends silence; provides ‘tips, reminders’ for 2026 HMDA filings

January 6, 2026 0

Reminders and tips for 2026 Home Mortgage Disclosure Act (HMDA) filings were issued Tuesday by the federal consumer financial protection agency, which also noted some updates to file locations. The Consumer Financial Protection Bureau (CFPB) noted that an upgrade has [...]
Fed: Former bank branch manager who took $27k from customer accounts is barred

January 6, 2026 0

A former branch manager of Regions Bank, Birmingham, Ala., who allegedly took money from customer accounts is barred from any future work in federally insured financial institutions under a consent order released Tuesday by the Federal Reserve Board. The Fed, [...]
Nearly half of all banks – 15 – are ‘outstanding’ in latest CRA ratings from OCC

January 5, 2026 0

Fifteen banks – out of 33 total — were awarded “outstanding” ratings for their compliance with rules implementing anti-redlining laws for evaluations that became public in December, the national bank regulator said Monday. No banks evaluated for their compliance with [...]
Trio of former credit union workers banned; agency claims one caused $720,000 loss over decade

January 2, 2026 0

Three former credit union workers were banned from further work at financial institutions by the federal regulator Dec. 31, including one who allegedly caused a nearly three-quarters of a million dollars loss over a 10-year period, the agency said. According [...]
Dearth of banks earning ‘outstanding’ CRA ratings, while two banks score ‘needs improvement’

January 2, 2026 0

While no banks in October earned ratings of “outstanding” for their compliance with anti-redlining rules, two banks earned “needs improvement” in their scores posted Friday by the federal bank deposit insurance agency. The Federal Deposit Insurance Corp. (FDIC) released the [...]