23nov21 – Regulatory Report

What's up

[ July 18, 2025 ] AI among briefing topics for July 24 NCUA Board meeting NCUA
[ July 17, 2025 ] UPDATED: Agencies follow through on proposal rescinding latest CRA rules; apparent concern over lawsuit FDIC
[ July 16, 2025 ] Three-member ‘acting’ FDIC Board makes sweeping proposals on rules for banks FDIC
[ July 16, 2025 ] Fed’s easing of LFI rating system out for comment until Aug. 14 The Fed
[ July 11, 2025 ] Agencies propose revisions for reporting loan modifications in call reports FDIC

Fed bars former bank employee who tapped into elderly customer’s account

November 21, 2023 0

A former sales and service representative at a Fayetteville, Ark., branch of Arvest Bank who transferred money from an elderly customer’s account to her own has been barred by the Federal Reserve Board from future […]

Amid press reports of harassment, more at FDIC, panel created to review agency’s workplace culture

November 21, 2023 0

The creation of a special committee to oversee an independent review of workplace culture at the Federal Deposit Insurance Corp. (FDIC) amid ongoing reporting on past allegations of sexual harassment and other misconduct at the […]

AI among briefing topics for July 24 NCUA Board meeting

July 18, 2025 0

Three briefings make up the agenda for the July 24 open meeting of the National Credit Union Administration (NCUA) Board, which currently consists solely of its Republican chairman, Kyle Hauptman. A board briefing on artificial intelligence, an agency ombudsman overview [...]
UPDATED: Agencies follow through on proposal rescinding latest CRA rules; apparent concern over lawsuit

July 17, 2025 0

Following through on an announcement made last spring, a proposal to revert anti-redlining rules to those that existed after 1995 – and rescinding new rules adopted two years ago – were proposed by the federal banking agencies late Wednesday. The [...]
Three-member ‘acting’ FDIC Board makes sweeping proposals on rules for banks

July 16, 2025 0

Unanimous votes approving sweeping proposals were taken by three members of the federal deposit agency board – all who were in “acting” capacities – at their meeting Tuesday, the agency reported. The usual five-member Federal Deposit Insurance Corp. (FDIC) board [...]
Fed’s easing of LFI rating system out for comment until Aug. 14

July 16, 2025 0

Comments are due Aug. 14 on the Federal Reserve Board’s proposal to ease its large financial institution (LFI) rating system and the ratings system for depository institution holding companies “significantly engaged” in insurance activities, according to a notice in the [...]
Agencies propose revisions for reporting loan modifications in call reports

July 11, 2025 0

New instructional revisions in detailing loan modifications in call reports are being sought by federal banking agencies, the agencies said late Friday in releasing other final regulatory reporting changes for bank call reports. The three agencies (the Federal Deposit Insurance [...]
Gould confirmed to five-year term as comptroller; first confirmed to post since 2017

July 10, 2025 0

Jonathan Gould was confirmed to the top post at the Office of the Comptroller of the Currency (OCC) in a straight party-line vote Thursday in the Senate. Nominated by President Donald Trump (R) in February to a five-year term, Gould [...]
FDIC activates disaster response for Texas areas hit by floods, more

July 11, 2025 0

Regulatory relief and favorable Community Reinvestment Act (CRA) consideration are among the steps the federal bank deposit insurer is activating to help those affected by severe storms, straight-line winds and floods affecting areas in Texas since July 2. In a [...]
Census data, useful for HMDA and CRA compliance, released; 2024 mortgage lending data also available

July 11, 2025 0

Census data used to create the aggregate and disclosure reports for mortgages and compliance with anti-redlining statutes have been updated for 2025, the agency updating the data said Friday. The Federal Financial Institutions Examination Council (FFIEC) said the data, used [...]