false statement – Regulatory Report

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[ May 23, 2025 ] NCUA’s 2026-2030 strategic plan to ‘further reinforce’ changes under staff reduction order NCUA
[ May 22, 2025 ] Some 250 employees expected to leave NCUA this year, agency reports; 152 already on admin leave NCUA
[ May 22, 2025 ] NCUSIF sees 3.14% asset growth in Q1 2025; fund ratio expected to decline to 1.26% by June 30 NCUA
[ May 21, 2025 ] FDIC Board rescinds bank merger review process, reinstating previous; vows ‘broader reevaluation’ FDIC
[ May 20, 2025 ] Comptroller’s chief of staff takes on yet another role, now as a deputy comptroller for community, industry relations Federal financial regulation

Chicago attorney sentenced to 4 months over false statement to FDIC, false tax filing

July 7, 2022 0

A Chicago attorney who reportedly lied about the use of funds he obtained from the now-defunct Washington Federal Bank for Savings and falsely claimed a mortgage interest deduction related to the credit was sentenced Wednesday […]

NCUA’s 2026-2030 strategic plan to ‘further reinforce’ changes under staff reduction order

May 23, 2025 0

The federal credit union regulator is inviting suggestions from the public on its operations and initiatives as it develops a 2026-2030 strategic plan, which it said will “further reinforce” the changes made at the agency under a presidential order seeking [...]
Some 250 employees expected to leave NCUA this year, agency reports; 152 already on admin leave

May 22, 2025 0

Response to the agency’s voluntary separation program (VSP) will result in some 250 employees leaving the agency by year-end, and payroll and contract savings of about $75 million that will be realized in 2026, agency staff said during Thursday’s open [...]
NCUSIF sees 3.14% asset growth in Q1 2025; fund ratio expected to decline to 1.26% by June 30

May 22, 2025 0

First-quarter 2025 data, preliminary and unaudited, for the National Credit Union Share Insurance Fund (NCUSIF) showed the fund’s total assets up 3.14%, growing from $22.3 billion to $23.0 billion in the first quarter of 2025. The fund’s equity ratio is [...]
FDIC Board rescinds bank merger review process, reinstating previous; vows ‘broader reevaluation’

May 21, 2025 0

A bank merger review program put in place last fall was rescinded Tuesday by the federal bank deposit insurance agency which asserted that the program was “less transparent and less predictable” leading to confusion among banks. The board of the [...]
Comptroller’s chief of staff takes on yet another role, now as a deputy comptroller for community, industry relations

May 20, 2025 0

Andrew Moss has earned another promotion at the national bank regulator: in addition to several other, recent roles now he will be deputy comptroller for community and industry relations, beginning next month, the agency’s acting leader said Tuesday. According to [...]
Credit union regulator charters 2nd new credit union of the year, serving African American community in St. Louis

May 19, 2025 0

A new credit union in St. Louis, Mo., has been chartered to serve the members of the African Diaspora Council Inc., a group based in that city which promotes community self-help and financial and wealth-management education among African Americans, the [...]
Veteran of FDIC, who advised board, members on financial stability, will retire from agency

May 16, 2025 0

A 39-year career at the federal bank deposit insurance agency for a top financial stability supervisor will come to an end May 31, the agency said Friday. Arthur J. (“Art”) Murton, deputy to the chairman for financial stability and director [...]