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  • [ August 10, 2026 ] ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process FDIC
  • [ August 7, 2026 ] Senate confirms Crews to NCUA Board seat NCUA
  • [ August 7, 2026 ] NCUA liquidates 15-month-old federal credit union NCUA
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  • [ August 5, 2026 ] Credit union regulator finalizes 11 rules underpinning its deregulation project NCUA
Homedec12

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FDIC

Bill aims to choke off ‘Operation Choke Point,’ ordering agencies to justify account change requests

December 12, 2017 0

Legislation that would require federal banking agencies to provide banks or credit unions written justification of any request to terminate or restrict a customer’s account (except for national security) was passed by the House Monday. […]

Today

  • ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process

    August 10, 2026 0
    Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation (FDIC) said a new, two-phase [...]
  • Senate confirms Crews to NCUA Board seat

    August 7, 2026 0
    The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant secretary for financial institutions policy. [...]
  • NCUA liquidates 15-month-old federal credit union

    August 7, 2026 0
    The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after finding it was “insolvent and [...]

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