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What's up
  • [ May 29, 2026 ] Former CEO of failed $1 billion credit union prohibited by agency following 2018 conviction NCUA
  • [ May 29, 2026 ] 210 banks slated for CRA exams by FDIC over next two quarters FDIC
  • [ May 28, 2026 ] Treasury launches app for ‘Trump Accounts;’ children’s custodial IRAs to be inaugurated July 4 Other
  • [ May 28, 2026 ] OCC has 51 banks on CRA evaluation schedule for Q3; no Q4 list provided OCC
  • [ May 28, 2026 ] Fed, FDIC say no shortcomings found in biggest banks’ 2025 resolution plans FDIC
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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

  • Former CEO of failed $1 billion credit union prohibited by agency following 2018 conviction

    May 29, 2026 0
    The former chief executive officer of a now-closed New York credit union has been prohibited from future service (becoming an “institution-affiliated party”) at any federally insured financial institution, the federal regulator said Friday. Alan S. Kaufman, the former CEO of [...]
  • 210 banks slated for CRA exams by FDIC over next two quarters

    May 29, 2026 0
    The federal bank deposit insurer has slated 210 banks for examinations under the anti-redlining Community Reinvestment Act (CRA) over the next two quarters, according to information released Friday by the agency. The Federal Deposit Insurance Corp. (FDIC), in a release, [...]
  • Treasury launches app for ‘Trump Accounts;’ children’s custodial IRAs to be inaugurated July 4

    May 28, 2026 0
    “Trump accounts” – a custodial-style, traditional individual retirement account (IRA) for children 18 and younger – will be accessed through a phone app as their main interface, which the Treasury Department launched Thursday, the agency said. The accounts, established by [...]
  • OCC has 51 banks on CRA evaluation schedule for Q3; no Q4 list provided

    May 28, 2026 0
    The national banking regulator lists 51 banks on its schedule for Community Reinvestment Act (CRA) evaluations slated for the third quarter of 2026. No schedule was provided for the fourth quarter, though the agency usually publishes for two quarters at [...]
  • Fed, FDIC say no shortcomings found in biggest banks’ 2025 resolution plans

    May 28, 2026 0
    Feedback letters to the eight largest, most complex domestic banking organizations, plus 56 foreign banking organizations, received feedback letters sent jointly by federal regulators on their 2025 resolution plan – or “living will” – submissions. The agencies – the Federal [...]
  • Lending rises at nation’s bank in first quarter, although delinquencies rise for CRE, consumer loans

    May 27, 2026 0
    Lending was up at the nation’s banks in the first quarter of the year, seeing a 1.6% increase from the last quarter of 2025 for an annual rise of 7.1%, the federal bank deposit insurance agency said Wednesday. However, the [...]
  • NCUA OIG finds weaknesses in agency ERM oversight

    May 26, 2026 0
    An inspector general report on the federal credit union regulator’s enterprise risk management (ERM) found that the group of senior staff responsible for primary oversight of ERM “did not consistently establish, update, or use risk profiles to address” it. The [...]

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