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What's up
  • [ February 11, 2026 ] Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS NCUA
  • [ February 10, 2026 ] Latest deregulation proposal would ease credit unions’ path to convert to mutual savings bank NCUA
  • [ February 10, 2026 ] FDIC gives more time to comment on GENIUS Act rule proposal FDIC
  • [ February 10, 2026 ] 18% loan rate ceiling remains in effect for federal credit unions another 18 months NCUA
  • [ February 9, 2026 ] GAO stands by report on reorg status of CFPB in face of stonewalling by bureau CFPB
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OCC

July public hearing set for proposed acquisition of Discover by Capitol One; comment date extended again

May 15, 2024 0

The proposed acquisition of Discover Financial Services by a large, Virginia-based banking firm will be considered during a public hearing in about two months, the banks’ federal regulators said late Tuesday. The public comment period […]

OCC

Agencies give extension to comment period for Capitol One’s proposed purchase of Discover

April 24, 2024 0

The acquisition of Discover Financial Services by a large, Virginia-based banking firm will be subject to public comment through May 31, federal banking regulators said separately Wednesday. The Federal Reserve Board and the Office of […]

CFPB

$35 million in fines and redress result from student lender violating CFPB order

December 23, 2020 0

A $25 million civil money penalty, and a $10 million ding for consumer redress, was ordered against a bank and its student lending subsidiaries for violating previous orders, the federal consumer financial protection agency said […]

Today

  • Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS

    February 11, 2026 0
    Credit unions that want to become “permitted payment stablecoin issuers” will get that opportunity under a rule proposed Wednesday by their federal regulator, lagging other federal supervisors. The National Credit Union Administration (NCUA) said the proposal implements provisions of the [...]
  • Latest deregulation proposal would ease credit unions’ path to convert to mutual savings bank

    February 10, 2026 0
    Credit unions would have an easier path to convert to mutual savings banks (MSBs), and other changes, under the latest round of deregulation proposed by their federal regulator Tuesday. The National Credit Union Administration (NCUA), in what it said is [...]
  • FDIC gives more time to comment on GENIUS Act rule proposal

    February 10, 2026 0
    The comment period on a proposed rule issued setting procedures for insured, state-chartered nonmember banks or savings associations to seek federal approval to issue stable coins through a subsidiary is extended to May 18, the federal deposit insurer said. The [...]
  • 18% loan rate ceiling remains in effect for federal credit unions another 18 months

    February 10, 2026 0
    The federal interest rate ceiling for loans by federal credit unions will remain at 18% under action last week by the National Credit Union Administration (NCUA) Board, the agency said. The board – which now consists solely of Republican Kyle [...]
  • GAO stands by report on reorg status of CFPB in face of stonewalling by bureau

    February 9, 2026 0
    Stonewalling by the federal consumer financial protection agency of the congressional watchdog is outlined in a report issued publicly Monday by the watchdog agency – which includes the comment “we stand by the accuracy of the facts presented in our [...]
  • Fed keeps current stress capital buffer for 2026 round of tests, this year with 32 large banks

    February 5, 2026 0
    Thirty-two large banks this year will be evaluated against a severe global recession with heightened stress in both commercial and residential real estate and corporate debt markets under tests announced by the Federal Reserve late Wednesday. The Fed said, however, [...]
  • FDIC: 4 out of 49 banks with November CRA ratings were ‘outstanding’

    February 5, 2026 0
    Forty-five banks were deemed “satisfactory” and four “outstanding” in evaluation ratings assigned in November under the federal bank deposit insurer’s anti-redlining Community Reinvestment Act (CRA) rules, according to data released Thursday. The four banks rated “outstanding” by the Federal Deposit [...]

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