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What's up
  • [ November 7, 2025 ] FDIC reduces consumer compliance exam, CRA eval frequency for most FDIC
  • [ November 6, 2025 ] Controversial rating framework easing ‘well-managed’ score for large BHCs finalized by Fed The Fed
  • [ November 6, 2025 ] Two banks in KS, MT consent to small fines for violations of flood insurance rules The Fed
  • [ November 6, 2025 ] FDIC offers banking reg relief to help storm-hit areas in AK, MN FDIC
  • [ November 3, 2025 ] Lending standards tighter in 3rd quarter for C&I as demand grows; household loan standards unchanged 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

  • FDIC reduces consumer compliance exam, CRA eval frequency for most

    November 7, 2025 0
    A revised consumer compliance examination manual provides for less-frequent consumer compliance exams for most supervised banks, the Federal Deposit Insurance Corp. (FDIC) said in a Financial Institution Letter (FIL) Friday. The agency said its updated manual also establishes a new [...]
  • Controversial rating framework easing ‘well-managed’ score for large BHCs finalized by Fed

    November 6, 2025 0
    Finalized changes to the supervisory rating framework for large bank holding companies were released by the Federal Reserve late Wednesday, which were proposed by a divided agency board. The Fed said the revised rating framework “more accurately reflect the strength [...]
  • Two banks in KS, MT consent to small fines for violations of flood insurance rules

    November 6, 2025 0
    Relatively small fines were assessed to two small banks in Montana and Kansas, the Federal Reserve said Thursday, for penalties related to violations of flood insurance regulations. The Fed said that The Halstead Bank of Halstead, Kansas, and Belt Valley [...]
  • FDIC offers banking reg relief to help storm-hit areas in AK, MN

    November 6, 2025 0
    Eased regulatory requirements for banks serving areas hit by storms last month in Alaska and this June in Minnesota were announced Thursday by the Federal Deposit Insurance Corp. (FDIC). In two Financial Institution Letters (FILs), the FDIC pointed to the [...]
  • Lending standards tighter in 3rd quarter for C&I as demand grows; household loan standards unchanged

    November 3, 2025 0
    Tighter lending standards for commercial and industrial (C&I) loans were prevalent in the year’s third quarter, while loan standards for households were largely unchanged, the Federal Reserve said Monday. Demand was up for the C&I loans, the agency said, from [...]
  • 10 banks earn top CRA ratings; none tagged with lowest scores of ‘needs improvement,’ ‘substantial noncompliance’

    November 3, 2025 0
    Ten banks, out of 76 examined, earned “outstanding” ratings for their compliance with anti-redlining laws, two federal bank regulators said Monday. In reporting on Community Reinvestment Act (CRA) ratings, the Office of the Comptroller of the Currency (OCC) and the [...]
  • Agency reminds of grant availability for low-income credit unions

    November 3, 2025 0
    Credit unions with the National Credit Union Administration’s (NCUA) low-income designation can still apply by Dec. 16 for a portion of the more than $3.4 million in grants being made available by the agency, according to a release Monday. The [...]

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