FRAC – Regulatory Report

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[ August 13, 2026 ] Banks flagged nearly $5 billion in suspected human trafficking, agency finds in BSA data Other
[ August 13, 2026 ] Former banker, alleged part of check-fraud ring, prohibited after nearly $400k in losses to bank The Fed
[ August 10, 2026 ] ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process FDIC
[ August 7, 2026 ] Senate confirms Crews to NCUA Board seat NCUA
[ August 7, 2026 ] NCUA liquidates 15-month-old federal credit union NCUA

Treasury OFR invites applications to advisory committee membership; apps due Sept. 9

August 5, 2022 0

A Treasury office created to support financial stability oversight said it will accept applications from experts in a broad range of fields (economics, financial institutions, technology, etc.) to membership in its advisory committee until Sept. 9, […]

Meeting: Financial Research Advisory Committee (Office of Financial Research)

February 2, 2018 0

Financial Research Advisory Committee for the Treasury’s Office of Financial Research (OFR) Convenes for its 11th meeting on Thursday, Feb. 15, 2018, in the Cash Room, Main Treasury, 1500 Pennsylvania Ave. NW, Washington, DC 20220, […]

Banks flagged nearly $5 billion in suspected human trafficking, agency finds in BSA data

August 13, 2026 0

“Consistent indicators,” including excessive cash activity conducted along the southwest border of the United States, among other things, are detailed in a report on suspected human smuggling issued Thursday by the Treasury’s financial crimes enforcement arm. According to the Financial [...]
Former banker, alleged part of check-fraud ring, prohibited after nearly $400k in losses to bank

August 13, 2026 0

Losses of nearly $400,000 caused by a check-fraud ring to Regions Bank in Memphis, Tenn., have earned a former bank worker a prohibition by the Federal Reserve, the agency said Thursday. In a release, the Fed said Elazia Jones, a [...]
‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process

August 10, 2026 0

Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation (FDIC) said a new, two-phase [...]
Senate confirms Crews to NCUA Board seat

August 7, 2026 0

The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant secretary for financial institutions policy. [...]
NCUA liquidates 15-month-old federal credit union

August 7, 2026 0

The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after finding it was “insolvent and [...]