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What's up
  • [ December 30, 2025 ] FDIC posts templates of deals for failing banks in move to ‘increase transparency’ FDIC
  • [ December 30, 2025 ] Annual thresholds for ‘small bank,’ ‘intermediate bank’ set for CRA purposes; up based on 2.51% FDIC
  • [ December 29, 2025 ] Theft from drive-through teller window of more than $50k leads to prohibition for banker FDIC
  • [ December 24, 2025 ] Claiming it has more experience now, agency wants to raise threshold of bank size for ‘heightened standards’ OCC
  • [ December 24, 2025 ] 4 more regs tapped for removal or revision at NCUA; comments due Feb. 27 NCUA
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CFPB

Charges of deceptive marketing over membership credit card leveled against firm, CEO

September 16, 2024 0

Charges of deceptive marketing aimed at allegedly luring customers to pay illegal and excessive membership fees – and make it “unreasonably difficult for consumers to cancel memberships and obtain refunds – are part of a […]

FDIC

Banks’ net income up 79.5% from Q4 2023; CRE, credit cards deteriorate further

May 29, 2024 0

A mixed bag of results from federally insured banks’ first-quarter all reports included a strong rise in overall net income, overall good asset quality, but ongoing deterioration in commercial real estate (CRE) and credit card […]

No Picture
CFPB

Bureau proposes more participants, data in yearly survey of credit card issuers

August 24, 2022 0

An expansion of the types of companies represented and in the data collected in its yearly survey of credit-card issuers has been issued by the federal consumer financial protection agency with a public comment deadline […]

CFPB

CFPB: Credit card debt dropped, digital engagement rose during pandemic; bureau looking to issuers for continued service improvements

September 29, 2021 0

Growth in the consumer credit card market in recent years reversed itself in 2020, with credit card debt falling to $811 billion by the second quarter of 2020 from a 2019 peak of $926 billion […]

CFPB

Firms win ‘sandbox’ licenses for dual-feature credit cards, advances on unpaid wages

January 5, 2021 0

A “dual-feature credit card” and a program allowing employees access to their earned but unpaid wages prior to payday got the green light Dec. 30 for limited time under two “compliance assistance sandbox” (CAS) approval […]

CFPB

UPDATED: CFPB to begin review of CARD Act, focusing on small-entity and card market impacts

August 25, 2020 0

A two-part review of rules implementing the 2009 law addressing credit card consumer protections, including whether any of those rules should be revised, rescinded or continued without change, is planned by the Consumer Financial Protection […]

CFPB

15% of credit card holders who revolve balances do so for 2 years or more, bureau ‘Data Point’ report shows

July 3, 2019 0

Two-thirds of actively used credit card accounts carry a revolving balance, with balances revolved continuously for about 10 months, according to a “Data Point” report issued by the research unit of the Consumer Financial Protection […]

CFPB

Link between credit scores and when consumers apply for credit cards examined in bureau report

May 30, 2019 0

Consumers’ credit-card application rates drop sharply as consumers reach their minimum credit scores but trend “steadily upward” after they hit bottom, according to a report Thursday from the federal consumer financial protection agency. Additionally, the […]

CFPB

Expansive jewelry retailer agrees to $11 million in fines from consumer agency, NY state

January 16, 2019 0

An Ohio-based jewelry retailer – which includes among its name brands some of the most well-known stores across the nation – has agreed to a $10 million civil money penalty to federal authorities and a […]

Today

  • FDIC posts templates of deals for failing banks in move to ‘increase transparency’

    December 30, 2025 0
    Templates of contractual agreements for transactions of failing banks have been posted by the federal bank deposit insurance agency “to facilitate review in advance of any acquisition opportunities,” the agency said Tuesday. In a financial institution letter (FIL), the Federal [...]
  • Annual thresholds for ‘small bank,’ ‘intermediate bank’ set for CRA purposes; up based on 2.51%

    December 30, 2025 0
    For anti-redlining regulation purposes in 2026, a small bank will be defined as having assets under $1.629 billion, and an intermediate small bank will be defined as having assets of at least $412 million and under $1.649 billion, two banking [...]
  • Theft from drive-through teller window of more than $50k leads to prohibition for banker

    December 29, 2025 0
    An alleged theft of more than $50,000 from the drive-through teller drawer in Short Pump, Va., has earned a former teller of the bank a prohibition of future service in financial institutions, the federal insurer of bank deposits said Monday. [...]
  • Claiming it has more experience now, agency wants to raise threshold of bank size for ‘heightened standards’

    December 24, 2025 0
    Only the very largest banks – those with $700 billion in assets or more – would be subject to “heightened standards” for gauging threats to the financial system under a proposal issued Tuesday by the national bank regulator. The Office [...]
  • 4 more regs tapped for removal or revision at NCUA; comments due Feb. 27

    December 24, 2025 0
    The second round of the federal credit union regulator’s “deregulation project” was released this week, with four of the agency’s rules proposed for either deletion or revision. The National Credit Union Administration’s (NCUA) deregulation project is being rolled out in [...]

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