appraisal management companies – Regulatory Report

What's up

[ September 1, 2026 ] $2.4 million Kansas City credit union merged after 2-month conservatorship NCUA
[ August 31, 2026 ] Order: Former IN credit union employee caused $350,000 loss NCUA
[ August 31, 2026 ] Comptroller sets schedules for 4th, 1st Quarter CRA exams; takes break in December OCC
[ August 28, 2026 ] ‘Unsafe, unsound practice’ redefined by bank agencies in interest of prioritizing material financial risks over policies FDIC
[ August 28, 2026 ] Former bank CFO who diverted loan proceeds among those targeted in FDIC prohibitions FDIC

FFIEC panel posts guidance on appraisal management company registrations

March 6, 2019 0

The federal body that oversees state real estate appraisal programs published information Wednesday on the data and fees states need to collect to place appraisal management companies (AMCs) on the national AMC Registry, which opened […]

Input sought on FDIC renewal of appraisal management company info collection

August 29, 2018 0

The Federal Deposit Insurance Corp. (FDIC) is accepting comments until Sept. 13 on a renewal of an existing information collection – Minimum requirements for appraisal management companies – involving recordkeeping and reporting requirements affecting participating […]

$2.4 million Kansas City credit union merged after 2-month conservatorship

September 1, 2026 0

The conservatorship of WeDevelopment Federal Credit Union of Kansas City, Mo., ended with the credit union merged into CommunityAmerica Federal Credit Union, Lenexa, Kan., according to a release Tuesday. The National Credit Union Administration (NCUA) placed WeDevelopment Federal Credit Union [...]
Order: Former IN credit union employee caused $350,000 loss

August 31, 2026 0

A former employee’s misconduct caused Centra Credit Union, Columbus, Ind., more than $350,000 in losses, according to an August consent prohibition announced Monday that bars her permanently from any future work in federally insured financial institutions. The National Credit Union [...]
Comptroller sets schedules for 4th, 1st Quarter CRA exams; takes break in December

August 31, 2026 0

Seventy-nine banks – many of them in Texas – will face exams for anti-redlining rules compliance in the fourth quarter of this year, and the first quarter of next year, the national bank regulator said Monday. In releasing its fourth [...]
Former bank CFO who diverted loan proceeds among those targeted in FDIC prohibitions

August 28, 2026 0

A former chief financial officer of Bank of the Valley, Bellwood, Neb., is prohibited from any future work in federally insured financial institutions under a consent order issued in July and announced Friday by the federal bank deposit insurer. The [...]
FDIC revises consumer exam manual in response to new definition of ‘unsafe, unsound practices’

August 28, 2026 0

Five chapters were revised – and a template removed –from the federal bank deposit insurance agency’s consumer compliance exam manual, the agency said Friday, in a response to a new rule on unsafe, unsound practices. On Thursday, the Federal Deposit [...]