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What's up
  • [ 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
  • [ August 28, 2026 ] FDIC revises consumer exam manual in response to new definition of ‘unsafe, unsound practices’ FDIC
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NCUA

Webinar to outline resources for community development investments in credit unions

May 11, 2022 0

Resources for community development investments being sought by credit unions is the focus of a June 2 webinar sponsored by the Community Development Financial Institutions (CDFI) Fund and the federal credit union regulator, the agency […]

COVID-19 actions

$1.25 billion in COVID-19 ‘Rapid Response Program’ funding available via CDFI Fund; apps due March 25

February 25, 2021 0

A Treasury program has $1.25 billion available for awards to certified community development financial institutions (CDFIs) to help them support, prepare for, and respond to the economic impact of the COVID-19 pandemic, according to an […]

Other

FAQs published by CDFI Fund on proposed certification application revisions, more

September 24, 2020 0

A set of frequently asked questions about terms and procedures contained in the proposed revision of the Community Development Financial Institutions (CDFI) Certification Application, Annual Certification and Data Collection Report (ACR), and a new CDFI […]

NCUA

NCUA-hosted Bank Enterprise Award webinar to focus on bank-CU partnerships

June 5, 2019 0

A federal awards program that encourages banks to increase their community development activities, including through investments in credit unions that are certified as community development financial institutions (CDFIs), will be explained during a June 12 […]

Other

UPDATED: CDFI certification application under revision; clarifications provided

September 4, 2018 0

The application used to seek certification as a community development financial institution eligible for federal grants and technical assistance is slated for revision, and comments are being accepted until Nov. 5. Treasury’s Community Development Financial […]

Today

  • 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 [...]

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