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What's up
  • [ November 4, 2026 ] Supervisory framework issued for examiners to use in evaluating bank use of AI OCC
  • [ October 30, 2026 ] Kansas bank ordered to pay $2.5 million penalty for not maintaining anti-money laundering program FDIC
  • [ October 30, 2026 ] Deposit insurer wants to rescind rule calling for detailed records, coverage calculations within 24 hours of failure FDIC
  • [ October 30, 2026 ] Two credit unions chartered by federal agency – first pair in 2026—to provide business loans, consumer services NCUA
  • [ October 30, 2026 ] 2 former TX, IL credit union employees barred by NCUA NCUA
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community development

OCC

OCC community developments newsletter focuses on ‘opportunity zone’ investments

January 19, 2021 0

In the first issue published since 2018, the Office of the Comptroller of the Currency’s (OCC) January 2021 Community Developments Investments newsletter focuses on ow banks can support distressed communities through “opportunity zone” investments. The […]

NCUA

Webinar from credit union regulator focuses on community development, collaboration

August 25, 2020 0

Community development is on the agenda of a Sept. 15 webinar scheduled by the federal credit union regulator, with an eye to collaborating with local organizations, including the network of NeighborWorks America. The National Credit […]

The Fed

At inaugural Yellen community development award, Fed leaders repeat commitment

December 4, 2018 0

Underscoring the central bank’s commitment to community development, the chairman and a member of the Federal Reserve Board spoke in strong terms of continuing that duty in the future, during an event Monday evening honoring […]

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 […]

NCUA

NCUA fund has $7.3 million available for community development grants, loans

May 30, 2018 0

The federal regulator of credit unions says it has $2 million available for technical assistance grants and $5.3 million for loans to low-income-designated credit unions through the Community Development Revolving Loan Fund (CDRLF). Funds are […]

Today

  • Supervisory framework issued for examiners to use in evaluating bank use of AI

    November 4, 2026 0
    Evaluating banks’ use of Super Intelligence (SI, more commonly known as “artificial intelligence” (AI)) in “normal-course business activities” by examiners is the aim of a supervisory framework issued Wednesday by the national bank regulator. The Office of the Comptroller of [...]
  • Kansas bank ordered to pay $2.5 million penalty for not maintaining anti-money laundering program

    October 30, 2026 0
    A Kansas bank must pay a $2.5 million civil money penalty (CMP) for its failure to maintain an effective anti-money laundering (AML) program, the federal bank deposit insurer said Friday. According to the Federal Deposit Insurance Corp. (FDIC), CBW Bank [...]
  • Deposit insurer wants to rescind rule calling for detailed records, coverage calculations within 24 hours of failure

    October 30, 2026 0
    A rule would be rescinded that requires banks with $2 million or more in deposits maintain detailed records and calculate deposit insurance coverage within 24 hours of a bank’s failure, under a proposal the federal bank deposit insurance agency issued [...]
  • Two credit unions chartered by federal agency – first pair in 2026—to provide business loans, consumer services

    October 30, 2026 0
    Two new credit union charters – the first such so far in 2026 – were announced Friday by the federal regulator, with the new cooperatives serving memberships on different sides of the country. The National Credit Union Administration (NCUA) said [...]
  • 2 former TX, IL credit union employees barred by NCUA

    October 30, 2026 0
    Two former employees of credit unions — one in Texas, the other in Illinois — are barred from any future service in federally insured depository institutions under prohibition orders announced Friday by the National Credit Union Administration (NCUA). The two [...]

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