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What's up
  • [ May 8, 2026 ] NCUA says proposal would help ‘streamline’ share insurance rules NCUA
  • [ May 8, 2026 ] OCC lists one crime – for disclosure of non-public information – in report on ‘overcriminalization’ of federal regulation OCC
  • [ May 7, 2026 ] New AI products on market present possible risks, benefits, agency advises in latest ‘Risk Perspective’ OCC
  • [ May 7, 2026 ] Regulator takes control of Jackson, Miss., credit union citing ‘unsafe, unsound practices’ NCUA
  • [ May 6, 2026 ] In latest ‘deregulation,’ credit union regulator proposes to match banks on prohibition thresholds for management interlocks NCUA
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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

  • NCUA says proposal would help ‘streamline’ share insurance rules

    May 8, 2026 0
    The federal credit union regulator is proposing to eliminate some and transfer other provisions of its federal share insurance rules affecting federal and federally insured, state-chartered credit unions (FISCUs) that, in most cases, the agency says serve as cross references. [...]
  • OCC lists one crime – for disclosure of non-public information – in report on ‘overcriminalization’ of federal regulation

    May 8, 2026 0
    One crime is outlined by the national bank regulator to comply with an executive order demanding federal agencies reduce “overcriminalization” of their rules, in a report issued Friday. In compliance with Executive Order (EO) 14294, issued May 9, 2025 (and [...]
  • New AI products on market present possible risks, benefits, agency advises in latest ‘Risk Perspective’

    May 7, 2026 0
    A sound understanding of artificial intelligence (AI) possible risks — and benefits — that can assist with cybersecurity functions are among the top threats and opportunities facing banks, according to a report issued by the national bank regulator Thursday. In [...]
  • Regulator takes control of Jackson, Miss., credit union citing ‘unsafe, unsound practices’

    May 7, 2026 0
    “Unsafe and unsound practices” at a $162 million-in-assets Jackson, Miss., credit union led to its conservatorship by the federal regulator, the agency said late Wednesday. Jackson Area Federal Credit Union (FCU) counts 15,500-plus members, the National Credit Union Administration (NCUA) [...]
  • In latest ‘deregulation,’ credit union regulator proposes to match banks on prohibition thresholds for management interlocks

    May 6, 2026 0
    The major assets prohibition threshold for credit union management interlocks would be raised to $10 billion – a four-fold increase from the current threshold of $2.5 billion, and matching that of bank regulations – under the latest “deregulation” proposal issued [...]
  • Loan demand remains flat in most cases, as lending standards stay tight, survey finds

    May 5, 2026 0
    There was no uptick in demand for most loans, and lending standards remained tight, in the first quarter according to survey results released Monday by the Federal Reserve. The agency said results of its April 2026 Senior Loan Officer Opinion [...]
  • Latest CRA rating list shows banks doing well in complying with anti-redlining rules

    May 5, 2026 0
    Eight banks, out of 46 total, earned “outstanding” ratings from the federal bank deposit insurance agency for their compliance with rules implementing anti-redlining laws, the agency said Tuesday. The ratings, the Federal Deposit Insurance Corp. (FDIC) said, were for banks [...]

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