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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
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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) […]

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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

  • 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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