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What's up
  • [ July 13, 2026 ] New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S. FDIC
  • [ July 13, 2026 ] Smallest standalone bank in U.S. fails; estimated to cost federal insurance fund $1.2 million FDIC
  • [ July 13, 2026 ] Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices NCUA
  • [ July 10, 2026 ] Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance FDIC
  • [ July 9, 2026 ] Exam council updates loan category jargon, changes liquidity and funding pages in performance report Other
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NCUA

State closes 89-year-old NJ credit union, 2nd liquidation of year

February 28, 2018 0

A nearly $86 million-in-assets New Jersey credit union was liquidated by state banking authorities Wednesday, as the federal insurer of credit union savings was appointed the liquidating agent. The credit union had been in operation […]

FDIC

As 2Q/3Q CRA exam schedules released, comptroller announces proposed new rules in March

February 28, 2018 0

With proposed changes to Community Reinvestment Act (CRA) rules set for release in March by the Office of the Comptroller of the Currency (OCC), two federal banking regulators Tuesday released their upcoming exam schedules for […]

NCUA

Director pleads to extortion, employee to theft, in credit union regulator’s February prohibition actions

February 28, 2018 0

A former director in Massachusetts pleaded guilty to an extortion charge, and a former employee in Wisconsin admitted to a theft, resulting in both being ordered to pay restitution to their credit unions by the […]

Other

Federal financial agencies’ reg flexibility, impact reviews need improvement, GAO testifies

February 27, 2018 0

Congress’ watchdog agency found weaknesses in federal financial and consumer agency regulatory reviews under Regulatory Flexibility Act (RFA) and Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) and recommended changes for improvement, an official told […]

Today

  • New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S.

    July 13, 2026 0
    Guidance issued Monday by the federal bank and credit union regulators reminds supervised institutions of their obligations related to credit risk management with regard to borrowers who are not legally authorized to work in the United States. The guidance, issued [...]
  • Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices

    July 13, 2026 0
    A tiny Missouri credit union is now under the control of its federal regulator as the agency works to resolve issues resulting from its unsafe, unsound practices, the agency said late Friday. WeDevelopment Federal Credit Union (FCU) of Kansas City, [...]
  • Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance

    July 10, 2026 0
    Saying it recognizes fraud and other unlawful activity as a “significant and growing concern nationwide for banks and consumers,” the bank deposit insurance agency late Thursday encouraged banks to follow voluntary information sharing issued last month by the Treasury’s financial [...]

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