Hurricane Laura – Regulatory Report

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[ February 13, 2026 ] Exam council shrinks uniform report peer groups from 12 to three for smaller banks Other
[ February 13, 2026 ] Whistleblowers on BSA, sanctions can use new website; Treasury tightens scrutiny on MSBs Other
[ February 12, 2026 ] Agencies release stress test scenarios with 28 variables for ’26; submissions due by April 5 FDIC
[ February 12, 2026 ] Former bank employee barred for taking customer funds The Fed
[ February 11, 2026 ] Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS NCUA

Credit unions in path of Hurricane Laura urged to prepare

August 26, 2020 0

Preparations by credit unions in the path of Hurricane Laura were urged by their federal regulator Wednesday as the storm intensified in the Gulf of Mexico. The National Credit Union Administration, in a release, noted […]

Exam council shrinks uniform report peer groups from 12 to three for smaller banks

February 13, 2026 0

Banking industry consolidation leading to disappearing peer groups for bank examination purposes has led to changes to uniform performance reports by the umbrella group for federal financial regulators, the agency said Friday. The Federal Financial Institution Examination Council (FFIEC) said [...]
Whistleblowers on BSA, sanctions can use new website; Treasury tightens scrutiny on MSBs

February 13, 2026 0

Tips involving violations and conspiracies related to the Bank Secrecy Act (BSA), U.S. sanctions programs, and several other laws affecting financial system security may be entered through a new whistleblower website announced Friday by the Treasury’s financial crimes enforcement arm. [...]
Agencies release stress test scenarios with 28 variables for ’26; submissions due by April 5

February 12, 2026 0

Stress test scenarios for banks with $250 billion or more in assets were released Thursday by two federal banking regulators, with submissions due by April 5 and public release of the results required between June 15 and July 15. In [...]
Former bank employee barred for taking customer funds

February 12, 2026 0

A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future work in federally insured depository institutions under a February consent order with the Federal Reserve Board. The Fed, in the order released Thursday, said that Nicole [...]
Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS

February 11, 2026 0

Credit unions that want to become “permitted payment stablecoin issuers” will get that opportunity under a rule proposed Wednesday by their federal regulator, lagging other federal supervisors. The National Credit Union Administration (NCUA) said the proposal implements provisions of the [...]
Latest deregulation proposal would ease credit unions’ path to convert to mutual savings bank

February 10, 2026 0

Credit unions would have an easier path to convert to mutual savings banks (MSBs), and other changes, under the latest round of deregulation proposed by their federal regulator Tuesday. The National Credit Union Administration (NCUA), in what it said is [...]
FDIC gives more time to comment on GENIUS Act rule proposal

February 10, 2026 0

The comment period on a proposed rule issued setting procedures for insured, state-chartered nonmember banks or savings associations to seek federal approval to issue stable coins through a subsidiary is extended to May 18, the federal deposit insurer said. The [...]
18% loan rate ceiling remains in effect for federal credit unions another 18 months

February 10, 2026 0

The federal interest rate ceiling for loans by federal credit unions will remain at 18% under action last week by the National Credit Union Administration (NCUA) Board, the agency said. The board – which now consists solely of Republican Kyle [...]
GAO stands by report on reorg status of CFPB in face of stonewalling by bureau

February 9, 2026 0

Stonewalling by the federal consumer financial protection agency of the congressional watchdog is outlined in a report issued publicly Monday by the watchdog agency – which includes the comment “we stand by the accuracy of the facts presented in our [...]