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What's up
  • [ August 25, 2026 ] Agencies rescind four-year policy on special purpose credit programs aimed to help disadvantaged consumers, businesses CFPB
  • [ August 25, 2026 ] FDIC reports higher ROA, net income for banks in second quarter FDIC
  • [ August 24, 2026 ] John Crews sworn in, designated NCUA Board chairman NCUA
  • [ August 24, 2026 ] Failed Philadelphia savings bank, closed late Friday, estimated to cost FDIC $5 million; sole branch reopens after P&A by other bank FDIC
  • [ August 20, 2026 ] Fed makes public two consents to prohibitions, both for misappropriation of customer funds The Fed
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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

  • Agencies rescind four-year policy on special purpose credit programs aimed to help disadvantaged consumers, businesses

    August 25, 2026 0
    Recission of a four-year-old policy aimed at helping creditors expand responsible credit access to economically or socially disadvantaged consumers and commercial enterprises was announced Tuesday by federal banking and credit union agencies, along with other federal agencies. The rescission of [...]
  • FDIC reports higher ROA, net income for banks in second quarter

    August 25, 2026 0
    Second-quarter call report data show banks’ return on assets (ROA) and net income both up from the second quarter and from a year ago, the Federal Deposit Insurance Corp. (FDIC) said Tuesday. ROA overall was 1.37% in the second quarter, [...]
  • John Crews sworn in, designated NCUA Board chairman

    August 24, 2026 0
    A former Treasury official, John Crews, was sworn in Monday to a seat on the National Credit Union Administration (NCUA) Board, and he was designated chairman by President Donald Trump, the agency said. Crews, nominated in May and confirmed by [...]
  • Failed Philadelphia savings bank, closed late Friday, estimated to cost FDIC $5 million; sole branch reopens after P&A by other bank

    August 24, 2026 0
    The sole branch of a failed Philadelphia savings bank was scheduled to reopen Monday after its deposits were assumed, and “substantially all” its assets were purchased, by another savings bank in the city, the federal insurer of bank deposits said [...]
  • Fed makes public two consents to prohibitions, both for misappropriation of customer funds

    August 20, 2026 0
    Two more former bank workers have consented to prohibition orders, both for misappropriation of customer funds, the Federal Reserve said Thursday. The one of the prohibitions is for a former employee at Regions Bank, adding to the at least four [...]
  • Crews awaits swearing-in to seat on NCUA Board

    August 20, 2026 0
    There’s been no news yet of the swearing-in of John Crews to a term on the board of the National Credit Union Administration (NCUA), which is apparently working with all three board seats vacant. Crews, a Treasury official, was nominated [...]

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