California Auto – Regulatory Report

What's up

[ April 14, 2026 ] ‘Ask the regulators’ May 5 to focus on proposals to revise capital requirements for smaller banks FDIC
[ April 14, 2026 ] FDIC to host trilateral exercise on cross-border resolution planning Saturday FDIC
[ April 13, 2026 ] 4 named to senior leadership posts at FDIC FDIC
[ April 10, 2026 ] FDIC rescinds guidance on multiple re-presentment NSF fees FDIC
[ April 9, 2026 ] NCUA deregulation project expected to run all year, maybe into 2027 NCUA

CA auto-loan finance company to pay $565k to consumers, $50k penalty under CFPB order

May 21, 2021 0

The firm 3rd Generation, Inc., doing business as California Auto Finance (California Auto), will repay a total of $565,813 to 5,782 consumers plus a $50,000 civil money penalty for illegally charging interest on its loss […]

‘Ask the regulators’ May 5 to focus on proposals to revise capital requirements for smaller banks

April 14, 2026 0

Proposals to revise bank capital requirements will be up for discussion during a “meet the regulators” session set for May 5 by all three federal banking regulators, the agencies said Tuesday. The proposals aim to revise the standardized approach for [...]
FDIC to host trilateral exercise on cross-border resolution planning Saturday

April 14, 2026 0

A regular coordination exercise on cross-border resolution planning will be hosted by the federal bank deposit insurer on April 18, the agency said Tuesday. The heads of resolution and regulatory authorities, central banks, and finance ministries of the United States, [...]
4 named to senior leadership posts at FDIC

April 13, 2026 0

Four individuals were appointed to senior leadership positions by the federal bank deposit insurer, the agency said Monday. The Federal Deposit Insurance Corp. (FDIC) said Benjamin Olson was appointed director of the agency’s Division of Depositor and Consumer Protection (DCP). He [...]
FDIC rescinds guidance on multiple re-presentment NSF fees

April 10, 2026 0

Calling the guidance “overly broad in scope,” the federal bank deposit insurer on Friday rescinded a 2023 Financial Institution Letter (FIL) describing its supervisory approach to multiple nonsufficient funds (NSF) fees that occur when the same unpaid transaction is re-presented. [...]