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What's up
  • [ March 10, 2026 ] UPDATED: NCUA targets record retention, catastrophic act reg in latest deregulation round NCUA
  • [ March 6, 2026 ] Credit union assets close 2025 at $2.43 trillion, loans at $1.72 trillion; net interest margin up NCUA
  • [ March 5, 2026 ] Tokenized security should receive same capital treatment as non-tokenized form, agencies clarify FDIC
  • [ March 5, 2026 ] Fed drops 2018 Wells Fargo enforcement order, asserting that bank ‘met all required conditions’ The Fed
  • [ March 5, 2026 ] 5 banks rated ‘outstanding,’ 2 ‘needs to improve’ for CRA compliance, FDIC reports FDIC
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CFPB

Student lending firm ordered to pay $30 million to borrowers for illegal loans, abusive debt collection

November 20, 2023 0

More than $30 million in relief was ordered Monday for student borrowers from a former Delaware company after the federal consumer financial protection agency and 11 states charged the firm with illegal loans and abusive […]

CFPB

Comments due to CFPB Jan. 8 on supervision of nonbank digital consumer payment providers

November 20, 2023 0

Public comments on a proposed rule subjecting larger nonbank companies that offer digital payment apps and wallets will be accepted by the Consumer Financial Protection Bureau (CFPB) through Jan. 8, according to a notice in […]

CFPB

$60 million in redress, fine ordered for automaker credit arm in alleged efforts to withhold refunds, provide false data

November 20, 2023 0

A $60 million payment for fines and consumer redress was ordered against a carmaker’s lending arm for allegedly directing customers to a dead-end cancellation hotline, withholding refunds, and “knowingly” tarnishing credit reports with false data, […]

Today

  • UPDATED: NCUA targets record retention, catastrophic act reg in latest deregulation round

    March 10, 2026 0
    Credit unions’ federal regulator is proposing to remove the guidance portions of its regulation on record retention and catastrophic act preparedness, clarify the regulation, and update its definitions, according to a Federal Register notice that provides a May 11 public [...]
  • Credit union assets close 2025 at $2.43 trillion, loans at $1.72 trillion; net interest margin up

    March 6, 2026 0
    Federally insured credit unions (FICUs) grew total assets to $2.43 trillion in 2025, up $126 billion, or 5.4%, from calendar 2024, the National Credit Union Administration said in fourth-quarter data released Friday. The data show that FICUs’ net income totaled [...]

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