bank investment funds – Regulatory Report

What's up

[ September 4, 2026 ] Economic activity rose in August, but ‘heightened uncertainty’ linked to energy prices, Iran war persists The Fed
[ September 4, 2026 ] FinCEN issues alert, seeks FI vigilance against digital asset investment scams Other
[ September 3, 2026 ] Public banks’ annual financial disclosures should be reviewed by SEC, GAO decides; SEC says ‘not it’ FDIC
[ September 3, 2026 ] Info on ‘suspicious activity’ reports may be shared – but not specific reference to reports, agencies declare FDIC
[ September 3, 2026 ] FDIC allows more banks to except some reciprocal deposits from brokered deposits reporting, raises cap FDIC

Agencies, again, extend ‘discretion’ to 2026 on acting against investment funds that own banks

December 30, 2024 0

Once again, federal banking agencies said no action will be taken against banks or other firms that sponsor, manage, or advise investment funds and institutional accounts that become principal shareholders of banks. The agencies made […]

Banking agencies continue ‘no-action’ relief for Reg O application to bank investment funds

December 20, 2021 0

Temporary “no-action” relief under Regulation O for companies that manage funds investing in banking organizations was extended further in a revised statement Friday by the three federal banking regulators. The Federal Reserve, Federal Deposit Insurance […]

Economic activity rose in August, but ‘heightened uncertainty’ linked to energy prices, Iran war persists

September 4, 2026 0

Economic activity increased, slightly to moderately, in 10 to 12 Federal Reserve districts since early July through August, the agency said Wednesday in its latest semi-monthly report on economic conditions. However, the Beige Book also noted, although the general economic [...]
FinCEN issues alert, seeks FI vigilance against digital asset investment scams

September 4, 2026 0

Financial institutions are urged to be vigilant against digital asset investment scams perpetrated by overseas scam centers in a recent alert from Treasury’s financial crimes enforcement arm. The Financial Crimes Enforcement Network (FinCEN), in a release Thursday, pointed to a [...]
Public banks’ annual financial disclosures should be reviewed by SEC, GAO decides; SEC says ‘not it’

September 3, 2026 0

Authority to review some banks’ annual financial disclosures should be reassessed, perhaps shifted to the federal agency that oversees security markets, the congressional watchdog recommended in a report issued Thursday. The security market oversight agency, the Securities and Exchange Commission [...]
Info on ‘suspicious activity’ reports may be shared – but not specific reference to reports, agencies declare

September 3, 2026 0

Banks and credit unions are not barred from sharing information contained on anti-money laundering reports about potentially fraudulent or other suspicious transactions with other financial institutions or customers if the existence of the report is not revealed, federal agencies said [...]
FDIC allows more banks to except some reciprocal deposits from brokered deposits reporting, raises cap

September 3, 2026 0

An interim final rule in effect now and out for comment until Oct. 1 qualifies more institutions to use a limited exemption – now also expanded – that permits excepting a portion of reciprocal deposits from brokered deposits reporting. Issued [...]
7 banks graded ‘outstanding’ for CRA by OCC

September 3, 2026 0

Seven of the 23 banks whose Community Reinvestment Act (CRA) ratings became public in August were rated “outstanding,” with the remaining 16 rated “satisfactory,” according to data released by the national bank regulator. The August list, released Tuesday by the [...]
$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 [...]