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What's up
  • [ February 4, 2026 ] Lax oversight of IT contract resulted in compliance issues with internal policies, FDIC watchdog finds in audit FDIC
  • [ February 2, 2026 ] Credit union regulator takes on additional, paid role as member of another regulatory agency’s panel NCUA
  • [ February 2, 2026 ] Despite tighter standards, lending for C&I picked up for larger firms in 4Q ’25, report contends The Fed
  • [ February 2, 2026 ] $261 million Chicago bank becomes first to fail in 2026; office reopened Monday under new owner FDIC
  • [ February 2, 2026 ] OCC rates 8 banks ‘outstanding’ under anti-redlining statute; another 21 deemed ‘satisfactory’ OCC
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Hoenig

FDIC

Five seats on federal regulators’ boards still need to be filled – but little action on nominees

September 16, 2019 0

The confirmation last week of Michelle (“Miki”) Bowman to a full, 14-year term on the Federal Reserve Board (beginning in February) left five more appointments to terms on federal financial regulators remaining to be either […]

FDIC

Action on credit union agency nominees cuts the ‘open seat’ number of regulators to four

February 4, 2019 0

The White House announcement Friday that President Donald Trump intends to make another nomination to fill the open seats on the board of the federal credit union regulator – for the first time in three […]

NCUA

Nominee gets yet another chance at CU regulator seat; OFR contender re-submitted too

January 17, 2019 0

Rodney Hood has been renominated by the White House for a second term on the NCUA Board to take the place of Rick Metsger, a Democrat, whose term expired last year (but who may remain […]

FDIC

McWilliams’ nominations as chair, member of FDIC Board up for Senate consideration

May 18, 2018 0

The Senate will consider the confirmation of Jelena McWilliams’ nominations as chairman and a member of the Federal Deposit Insurance Corp. (FDIC) Board Monday, under its “unanimous consent” calendar. McWilliams, whose nomination as chairman was […]

FDIC

FDIC Vice Chairman Hoenig steps down Monday; teams up with Bair in warning on capital

April 27, 2018 0

Thomas Hoenig, who continues to sound a warning bell over federal regulators’ efforts to ease banks’ capital requirements, will step down from his post as a member and vice chairman of the Federal Deposit Insurance […]

FDIC

Outgoing FDIC vice chairman calls for continued strong capital measures, simplified Volcker rule reporting, reg relief to regional, community banks

March 28, 2018 0

Acknowledging he will soon be leaving his agency post, Federal Deposit Insurance Corp. (FDIC) Vice Chairman Thomas M. Hoenig on Wednesday promoted the continuation of strong prudential standards for banks – including strong capital requirements […]

FDIC

At last minute, White House shifts McWilliams’ nomination at FDIC to take seat of Hoenig, whose term soon expires

January 23, 2018 0

A last-minute change in the nomination of a new chairman for the bank insurance fund board would result in the vice chairman of the board leaving by March, according to new information posted by the […]

FDIC

Senate bill praised by regulators; one offers changes going forward

December 6, 2017 0

Bank regulators lauded financial institution “regulatory relief” legislation approved Tuesday by the Senate Banking Committee, the vice chairman of the Federal Deposit Insurance Corp. (FDIC) board offering suggestions for tweaking the measure. The Senate panel […]

FDIC

Risk-based capital measures ‘too-often gamed,’ FDIC second chair says

October 11, 2017 0

Moving toward an assessment of bank capital adequacy based on tangible equity would generate better information and free up billions of supervision dollars used now to analyze risk-based measures “that are too-often gamed,” the vice […]

Today

  • Lax oversight of IT contract resulted in compliance issues with internal policies, FDIC watchdog finds in audit

    February 4, 2026 0
    Lax oversight of a contractor for a $300 million information technology project resulted in questionable compliance with internal policies, including holding the contractor to agreed-upon metrics, the inspector general for the federal bank deposit insurance agency said Wednesday. In a [...]
  • Credit union regulator takes on additional, paid role as member of another regulatory agency’s panel

    February 2, 2026 0
    In an unusual development, two positions on federal regulatory panels will be held by the current board chairman of the credit union regulator, he announced late Friday. National Credit Union Administration (NCUA) Board Chairman Kyle Hauptman, in a statement, thanked [...]
  • Despite tighter standards, lending for C&I picked up for larger firms in 4Q ’25, report contends

    February 2, 2026 0
    Lending standards were tighter for commercial and industrial loans in the final quarter of last year, but demand was “stronger” for the borrowing among some firms, according to a report issued Monday by the Federal Reserve. In its Senior Loan [...]
  • $261 million Chicago bank becomes first to fail in 2026; office reopened Monday under new owner

    February 2, 2026 0
    A failed Chicago bank was scheduled to reopen Monday after 96% of its assets were acquired by a Detroit institution, the federal deposit insurance agency said late Friday. The first bank to fail in 2026 is a $261 million in [...]
  • OCC rates 8 banks ‘outstanding’ under anti-redlining statute; another 21 deemed ‘satisfactory’

    February 2, 2026 0
    Eight out of the 29 banks whose Community Reinvestment Act (CRA) performance ratings became public in January received “outstanding” marks from the Office of the Comptroller of the Currency (OCC). The remaining 21 banks were rated “satisfactory,” according to the [...]
  • Trio of small banks end deposit insurance, including 121-year-old Alabama former S&L

    January 30, 2026 0
    Three small banks in Arizona, Florida and Alabama – the latter of which was 121 years old – have voluntarily ended their federal deposit insurance, their federal insurer said Friday. The Federal Deposit Insurance Corp. (FDIC) said First Community Bank [...]
  • NCUA IG will report on travel card audit later this year, letter shows

    January 30, 2026 0
    Noting it “did not issue any reports with recommendations” related to the agency’s charge card programs in fiscal 2025, the National Credit Union Administration told the federal budget office it is currently conducting an audit related to its travel card [...]

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