consumer complaint reporting – Regulatory Report

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[ 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

‘Consumer complaint reporting process’ generates at least 23,200 letters in response to RFI

June 5, 2018 0

At least 23,200 letters commenting on consumer complaint reporting practices of the federal consumer financial protection agency had been recorded received as of midnight Monday, the deadline for comments set by the agency. The receipt […]

Comments to consumer bureau pass 87,000 on its 12 RFIs; supervision, consumer complaint reporting programs lead

May 30, 2018 0

Comments received by the federal consumer financial protection agency on its 12 “requests for information” (RFIs) have jumped to more than 87,000 counted so far – about eightfold the number in hand just two weeks […]

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A rule would be rescinded that requires banks with $2 million or more in deposits maintain detailed records and calculate deposit insurance coverage within 24 hours of a bank’s failure,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 [...]