governance – Regulatory Report

What's up

[ August 24, 2026 ] John Crews sworn in, designated NCUA Board chairman NCUA
[ August 24, 2026 ] Failed Philadelphia savings bank, closed late Friday, estimated to cost FDIC $5 million; sole branch reopens after P&A by other bank FDIC
[ August 20, 2026 ] Fed makes public two consents to prohibitions, both for misappropriation of customer funds The Fed
[ August 20, 2026 ] Crews awaits swearing-in to seat on NCUA Board NCUA
[ August 19, 2026 ] With GENIUS Act date looming, OCC chief says rules will be ready in November OCC

OCC updates rules for bank, FSA activities and operations

December 23, 2020 0

A final rule that updates or eliminates outdated regulatory requirements that “no longer reflect the modern financial system,” incorporates or codifies agency interpretations, and more is set to take effect April 1, the Office of […]

How do banks, FSAs change annual meeting plans amid COVID? OCC answers in a bulletin

May 12, 2020 0

Requirements that national banks and federal savings associations (FSAs) need to consider before changing when and where they hold their annual meetings – a topic of numerous questions raised by banks to their regulator amid […]

John Crews sworn in, designated NCUA Board chairman

August 24, 2026 0

A former Treasury official, John Crews, was sworn in Monday to a seat on the National Credit Union Administration (NCUA) Board and designated chairman, the agency said, by President Donald Trump. Crews, nominated in May and confirmed by the Senate [...]
Failed Philadelphia savings bank, closed late Friday, estimated to cost FDIC $5 million; sole branch reopens after P&A by other bank

August 24, 2026 0

The sole branch of a failed Philadelphia savings bank was scheduled to reopen Monday after its deposits were assumed, and “substantially all” its assets were purchased, by another savings bank in the city, the federal insurer of bank deposits said [...]
Fed makes public two consents to prohibitions, both for misappropriation of customer funds

August 20, 2026 0

Two more former bank workers have consented to prohibition orders, both for misappropriation of customer funds, the Federal Reserve said Thursday. The one of the prohibitions is for a former employee at Regions Bank, adding to the at least four [...]
Crews awaits swearing-in to seat on NCUA Board

August 20, 2026 0

There’s been no news yet of the swearing-in of John Crews to a term on the board of the National Credit Union Administration (NCUA), which is apparently working with all three board seats vacant. Crews, a Treasury official, was nominated [...]