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What's up
  • [ October 1, 2026 ] Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets NCUA
  • [ October 1, 2026 ] FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims FDIC
  • [ October 1, 2026 ] ‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan FDIC
  • [ October 1, 2026 ] Failed California bank will cost bank insurance fund $114 million FDIC
  • [ September 25, 2026 ] Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines The Fed
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financial statements

The Fed

Fed releases audited 2024 financial statements covering board, banks, more

March 21, 2025 0

Financial statements for 2024 about the Federal Reserve System – covering the 12 Federal Reserve Banks, the agency board, and one limited liability company (LLC) (consolidated with the Boston bank) – were released Friday by the […]

CFPB

GAO gives CFPB clean audit opinion for fiscal 2021, 2020 financial statements

November 15, 2021 0

The financial statements of the Consumer Financial Protection Bureau (CFPB) for fiscal years ending 2021 and 2020 were given an unmodified (or “clean”) audit opinion by the Government Accountability Office (GAO), according to a report […]

The Fed

Fed banks earned $88.6 billion in 2020, outpacing 2019 by $33.1 billion

March 22, 2021 0

The 12 Federal Reserve Banks earned some $88.6 billion in 2020, up $33.1 billion from 2019 and helped by a $27.1 billion decrease in expense for interest paid on depository institution reserve balances, the Federal […]

CFPB

Bureau gets green light on its financial statements, reporting from GAO

November 16, 2020 0

Financial statements were reliable and controls over financial reporting were effective in 2020 for the federal consumer financial protection agency, according to a report issued Monday by the congressional watchdog. In its annual review of […]

CFPB

Federal Reserve Banks’ assets hit $4.2 trillion in 2019, central bank reports; transfers to CFPB totaled $519 million

March 23, 2020 0

Combined assets for the 12 Federal Reserve Banks grew $116 billion to a total of $4.2 trillion in the year ending Dec. 31, 2019, with total earnings at $55.5 billion, down $7.6 million from the […]

The Fed

Fed’s 2017 financial statements show funding for consumer bureau, board and bank financials

March 23, 2018 0

The 2017 financial statements of the Federal Reserve Board of Governors (Fed) and the 12 Federal Reserve Banks received unqualified (clean) audit opinions, the Fed said in releasing the statements Friday. Unqualified opinions were also […]

Today

  • Agency finally closes down troubled credit union after embezzlement charges; Alabama CU assumes members, savings, some assets

    October 1, 2026 0
    A troubled Mississippi credit union was closed and its members and savings (shares) were assumed by an Alabama Credit Union, the federal regulator announced late Wednesday. Jackson Area Federal Credit Union (FCU), of Jackson Miss., was closed and its members [...]
  • FDIC ends independent monitor brought on to ensure ‘workplace culture’ reforms after sexual harassment claims

    October 1, 2026 0
    Workplace culture reforms spawned by allegations of sexual harassment at the federal bank deposit insurance agency will no longer be overseen by an independent monitor, the agency said late Wednesday, asserting that the monitor’s work had concluded. The Federal Deposit [...]
  • ‘Living wills’ feedback letters published for 15 banking orgs; OCC votes against releasing one plan

    October 1, 2026 0
    Feedback letters from 15 banking organizations with more than $250 billion in assets on their resolution plans were published Sept. 29 by the Federal Reserve and the Federal Deposit Insurance Corp. (FDIC), the agencies said. However, the Office of the [...]
  • Failed California bank will cost bank insurance fund $114 million

    October 1, 2026 0
    A failed California bank that was closed Sept. 25 is estimated to cost the federal bank deposit insurance fund about $114 million, the insurance fund said agency. The bank reopened Sept. 28 as a branch of a Utah bank as [...]
  • Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines

    September 25, 2026 0
    Misappropriation of about $246,000 from teller cash dispenser machines has led to the prohibition of a former teller supervisor of a bank in the Maryland suburbs of Washington, D.C., the Federal Reserve said Thursday. According to the agency, Renee Nicole [...]

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