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What's up
  • [ January 30, 2026 ] Trio of small banks end deposit insurance, including 121-year-old Alabama former S&L FDIC
  • [ January 30, 2026 ] NCUA IG will report on travel card audit later this year, letter shows NCUA
  • [ January 29, 2026 ] OCC agrees to clarify which documents from Basel Committee recommendations be treated as records OCC
  • [ January 29, 2026 ] Revised digital FDIC insurance sign rules effective March 2; compliance deadline April 1 FDIC
  • [ January 29, 2026 ] Fed Board appoints 7 to insurance policy advisory group The Fed
Homedata breach

data breach

OCC

Capital One hit with $80 million civil money penalty over 2019 data breach

August 6, 2020 0

A 2019 data breach affecting the personal information of more than 100 million credit card customers and credit card applicants of Capital One has yielded an $80 million civil money penalty for the bank and […]

OCC

Data breach, money laundering info collections proposed for renewal

August 22, 2019 0

Two information collections up for renewal – one on money laundering risk (MLR) assessments and the other on guidance regarding data breaches – will be proposed by the federal regulator of national banks as early […]

CFPB

Settlement would force Equifax to pay up to $700 million over data breach, bureau says; sets up $425 million consumer fund

July 22, 2019 0

Up to $700 million in monetary relief and penalties would be provided in a settlement between credit reporting agency Equifax and the federal consumer financial protection agency and other federal and state agencies, the groups […]

The Fed

UPDATED: Fed proposes revisions to records-use policies in anticipation of data breach risks

August 27, 2018 0

Acting in anticipation of data breaches (and in response to an overall federal plan), the Federal Reserve is proposing to revise its general routine uses of systems of records, including adding a new “routine use” […]

Legislation

National data security standard, strong breach notification requirements urged – as well as ‘do no harm’

February 14, 2018 0

A national data security standard and strong notification requirements when a data breach occurs were two top recommendations of most of the financial institution and data security experts testifying before a House subcommittee Wednesday. However, […]

CFPB

Mnuchin: Equifax breach is ‘something I am going to discuss’ with CFPB’s acting director

February 6, 2018 0

The massive data breach at the Equifax credit reporting agency is something the Treasury secretary said he intends to bring up with the acting director of the federal consumer protection bureau, during questions and answers with […]

Today

  • Trio of small banks end deposit insurance, including 121-year-old Alabama former S&L

    January 30, 2026 0
    Three small banks in Arizona, Florida and Alabama – the latter of which was 121 years old – have voluntarily ended their federal deposit insurance, their federal insurer said Friday. The Federal Deposit Insurance Corp. (FDIC) said First Community Bank [...]
  • NCUA IG will report on travel card audit later this year, letter shows

    January 30, 2026 0
    Noting it “did not issue any reports with recommendations” related to the agency’s charge card programs in fiscal 2025, the National Credit Union Administration told the federal budget office it is currently conducting an audit related to its travel card [...]
  • OCC agrees to clarify which documents from Basel Committee recommendations be treated as records

    January 29, 2026 0
    Clarifying which documents created for, or received from, the international committee that advocates bank capital standards should be treated as records by the national bank regulator was recommended by the congressional watchdog said Thursday. In a report of findings, the [...]
  • Revised digital FDIC insurance sign rules effective March 2; compliance deadline April 1

    January 29, 2026 0
    A final rule amending regulations for the digital display of a bank’s federally insured status is set to take effect March 2, with compliance required by April 1, according to a notice Thursday in the Federal Register. The rule, approved [...]
  • Fed Board appoints 7 to insurance policy advisory group

    January 29, 2026 0
    Seven members were selected to serve three-year terms on a panel that provides information and advice to the Federal Reserve Board on domestic and international insurance issues, the Fed announced Thursday. The seven members include four new members and three [...]
  • Round 4 of credit union dereg push focuses on non-member savings, cancellation of excess insurance, max borrowing authority, disclosure of insurance coverage

    January 27, 2026 0
    A fourth set of proposals to reduce credit union regulation was issued Tuesday by the federal regulator, focusing on non-member savings accounts, cancellation of supplemental deposit insurance, maximum borrowing authority and disclosure of savings insurance coverage. The National Credit Union [...]
  • NCUA announces 2026 leadership team list

    January 27, 2026 0
    The federal credit union regulator announced its top leaders and staff in a release Monday. National Credit Union Administration (NCUA) Board Chairman Kyle Hauptman, a Republican, has been the agency’s lone board member since President Donald Trump’s (R) firings last [...]
  • ‘Repurposing’ of ‘unspent, past years’ budgets’ leads to lower credit union fees to fund agency

    January 23, 2026 0
    Fees paid by credit unions in 2026 to fund their federal regulator will fall by an average of 24.6%, the agency said Friday, calling this the result of reductions in staffing, rearrangement of expenses and crediting of “unspent collections” of [...]
  • Small CA credit union conserved by NCUA

    January 23, 2026 0
    The $16.5 million-in-assets Beverly Hills City Employees Federal Credit Union, Beverly Hills, Calif., was conserved Thursday by the National Credit Union Administration (NCUA), the agency said in a release. In its announcement late Thursday, the NCUA said member services will [...]

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