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  • [ October 2, 2026 ] Wisconsin bank, holding company consent to enforcement actions for ‘unsafe, unsound’ practices FDIC
  • [ October 1, 2026 ] Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets NCUA
  • [ October 1, 2026 ] FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims FDIC
  • [ October 1, 2026 ] ‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan FDIC
  • [ October 1, 2026 ] Failed California bank will cost bank insurance fund $114 million FDIC
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consumer protection

NCUA

Credit union regulator lists consumer financial protection as key component to supervision

July 27, 2023 0

Consumer financial protection is a core component of credit union regulation, the board chairman of the federal agency that oversees the institutions said Thursday, and is not at odds with regulation meant to ensure safety […]

CFPB

Consumer, labor relations agencies ink deal to share information on practices harming workers in ‘gig economy’

March 7, 2023 0

An information-sharing agreement aimed at alleged practices that harm workers in the “gig economy” was announced Tuesday by the federal labor relations and consumer financial protection agencies. According to the Consumer Financial Protection Bureau (CFPB) […]

No Picture
FDIC

FDIC publishes most frequently violated consumer protection laws by banks in 2021

March 31, 2022 0

The most frequently cited violations of consumer protection laws and rules in 2021, as well as other consumer compliance examination observations, are outlined in the latest publication of supervisory highlights issued Thursday by the federal […]

CFPB

UPDATED: Agencies sign ‘memo of understanding’ to improve consumer protection coordination supervision for larger credit unions

January 15, 2021 0

Improving coordination between the federal credit union regulator and federal consumer financial protection agency over the consumer protection supervision of credit unions with more than $10 billion in assets is the stated purpose of a […]

NCUA

Two NCUA Board members indicate proposed 2021 budget a no-go without changes; 2020 reprogramming OK’d

November 19, 2020 0

Two members of the three-member National Credit Union Administration (NCUA) Board on Thursday in open session took issue with the agency’s budget proposal as drafted and said they would be seeking changes – including the […]

CFPB

CFPB updates business conduct bulletin, plans advisory opinion program, seeks whistleblower program authority

March 6, 2020 0

The federal agency charged with financial consumer protection on Friday announced it is implementing an advisory opinion program, issuing a revised “responsible business conduct bulletin,” and proposing legislation authorizing the agency to award whistleblowers who […]

FDIC

TILA/Reg Z violations led shortcomings in bank consumer protection compliance in 2018, report details

June 13, 2019 0

Failures by banks to properly calculate or disclose finance charges, or annual percentage rate for mortgage loans, and other violations under the Truth in Lending Act (TILA, Regulation Z) were the top violations reported last […]

NCUA

Credit union regulator taps veteran staffer to lead consumer protection efforts

August 20, 2018 0

Overseeing consumer financial protection policy and rulemaking efforts, among other things, for the federal credit union regulator will be the role of the new director for the agency’s office of consumer financial protection. The National […]

Today

  • Wisconsin bank, holding company consent to enforcement actions for ‘unsafe, unsound’ practices

    October 2, 2026 0
    A Wisconsin bank’s holding company is now under an enforcement order issued Friday by the Federal Reserve for “unsafe and unsound” banking practices – about two months after another federal banking agency issued a similar order for the bank owned [...]
  • Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets

    October 1, 2026 0
    A troubled Mississippi credit union was closed and its members and savings (shares) were assumed by an Alabama Credit Union, the federal regulator announced late Wednesday. Jackson Area Federal Credit Union (FCU), of Jackson Miss., was closed and its members [...]
  • FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims

    October 1, 2026 0
    Workplace culture reforms spawned by allegations of sexual harassment at the federal bank deposit insurance agency will no longer be overseen by an independent monitor, the agency said late Wednesday, asserting that the monitor’s work had concluded. The Federal Deposit [...]
  • ‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan

    October 1, 2026 0
    Feedback letters from 15 banking organizations with more than $250 billion in assets on their resolution plans were published Sept. 29 by the Federal Reserve and the Federal Deposit Insurance Corp. (FDIC), the agencies said. However, the Office of the [...]
  • Failed California bank will cost bank insurance fund $114 million

    October 1, 2026 0
    A failed California bank that was closed Sept. 25 is estimated to cost the federal bank deposit insurance fund about $114 million, the insurance fund said agency. The bank reopened Sept. 28 as a branch of a Utah bank as [...]
  • Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines

    September 25, 2026 0
    Misappropriation of about $246,000 from teller cash dispenser machines has led to the prohibition of a former teller supervisor of a bank in the Maryland suburbs of Washington, D.C., the Federal Reserve said Thursday. According to the agency, Renee Nicole [...]

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