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What's up
  • [ May 4, 2026 ] 6 of 21 banks getting CRA ratings were deemed ‘outstanding’ OCC
  • [ May 4, 2026 ] Latest credit union to close was in conservatorship since January NCUA
  • [ May 4, 2026 ] Closed Georgia bank held substantial sum of uninsured deposits, agency indicates FDIC
  • [ May 4, 2026 ] Six banks earn ‘outstanding’ ratings for CRA rules compliance OCC
  • [ April 27, 2026 ] UPDATED: OCC asserts preemption of disputed Illinois interchange fee law OCC
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The Fed

Nominations of Clarida, Bowman to Fed Board sent to Senate

April 25, 2018 0

The Senate on Tuesday received the president’s nominations of Richard Clarida and Michelle Bowman to complete unexpired terms on the Federal Reserve Board that continue through Jan. 31, 2022, and Jan. 31, 2020, respectively. Clarida […]

NCUA

More brief insured-status statement for CU TV/radio ads allowed beginning May 25

April 25, 2018 0

A final rule that allows credit unions to use a shorter statement regarding their federally insured status in brief television and radio advertisements goes into effect May 25, according to a Federal Register notice published […]

FDIC

FDIC’s Hoenig notes potentially ‘profound’ impact of banks’ capital distributions

April 25, 2018 0

The federal bank deposit insurer’s vice chairman harkens back to the financial crisis in a statement released Wednesday on the agency’s latest “global capital index” (GCI) reading, which shows big banks seeing a capital increase […]

OCC

Proposal to revise CRA rules expected within four weeks, Comptroller says; AML/BSA changes under discussion

April 25, 2018 0

Proposed changes will be unveiled within the next four weeks about revised rules implementing community reinvestment by banks and other financial institutions, the regulator of national banks told a meeting of bankers in Washington Wednesday. […]

CFPB

Consumer bureau’s research council eyes methodology, direction of future research

April 25, 2018 0

A council of academics that advises the Consumer Financial Protection Bureau (CFPB) Office of Research is set to meet May 2 to discuss methodology and direction for the bureau’s consumer finance research. The Academic Research […]

Today

  • 6 of 21 banks getting CRA ratings were deemed ‘outstanding’

    May 4, 2026 0
    Six banks were deemed “outstanding” under the anti-redlining Community Reinvesment Act (CRA), and 15 were “satisfactory,” according to the latest list of rating released by the national bank regulator. The ratings for this batch of banks became public in April, [...]
  • Latest credit union to close was in conservatorship since January

    May 4, 2026 0
    People Trust Community Federal Credit Union of North Little Rock, Ark., was closed after about a three-month conservatorship by its federal regulator, becoming the second federally insured credit union closed in 2026. The National Credit Union Administration (NCUA), placed the [...]
  • Closed Georgia bank held substantial sum of uninsured deposits, agency indicates

    May 4, 2026 0
    No reason for the closure of a Georgia bank on Friday was released by the federal bank deposit insurance agency, except to note that the bank held a substantial sum (relative to its total deposits) in uninsured deposits, according to [...]
  • Six banks earn ‘outstanding’ ratings for CRA rules compliance

    May 4, 2026 0
    Six banks earned ratings of “outstanding” – out of 21 banks evaluated — for their compliance with rules implementing anti-redlining laws, according to April performance evaluations released Monday by the national bank regulator. The remaining 15 banks earned ratings of [...]
  • UPDATED: OCC asserts preemption of disputed Illinois interchange fee law

    April 27, 2026 0
    Updated to provide deadline for comments. Two interim final actions aimed at preempting an Illinois statute governing non-interest charges and fees, including interchange fees on the tax and tip portion of credit card transactions, were issued by the national bank [...]

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