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What's up
  • [ May 4, 2026 ] 6 of 21 banks getting CRA ratings were deemed ‘outstanding’ OCC
  • [ May 4, 2026 ] Latest credit union to close was in conservatorship since January NCUA
  • [ May 4, 2026 ] Closed Georgia bank held substantial sum of uninsured deposits, agency indicates FDIC
  • [ May 4, 2026 ] Six banks earn ‘outstanding’ ratings for CRA rules compliance OCC
  • [ April 27, 2026 ] UPDATED: OCC asserts preemption of disputed Illinois interchange fee law OCC
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information technology

FDIC

Agencies update, issue examiner booklet for assessing bank management, acquisition of info technology

August 30, 2024 0

A booklet updating principles and practices that examiners review to assess a bank or other entity for managing development, acquisition, and maintenance (DA&M) of information technology was released Thursday by the umbrella group for federal […]

No Picture
FDIC

‘Outdated’ IT exam program for banks holds weaknesses, needs improvements, report finds

February 1, 2023 0

An information technology (IT) exam program for banks adopted just about seven years ago is now “outdated” and in need of major changes in procedures, according to a report issued Wednesday by the inspector general […]

NCUA

OIG cites weaknesses in NCUA monitoring, accounting of IT equipment

April 3, 2019 0

An audit of information technology equipment inventory by the National Credit Union Administration (NCUA) found that the agency did not adequately monitor, account, and dispose of all its information technology (IT) equipment and that improvements […]

Today

  • 6 of 21 banks getting CRA ratings were deemed ‘outstanding’

    May 4, 2026 0
    Six banks were deemed “outstanding” under the anti-redlining Community Reinvesment Act (CRA), and 15 were “satisfactory,” according to the latest list of rating released by the national bank regulator. The ratings for this batch of banks became public in April, [...]
  • Latest credit union to close was in conservatorship since January

    May 4, 2026 0
    People Trust Community Federal Credit Union of North Little Rock, Ark., was closed after about a three-month conservatorship by its federal regulator, becoming the second federally insured credit union closed in 2026. The National Credit Union Administration (NCUA), placed the [...]
  • Closed Georgia bank held substantial sum of uninsured deposits, agency indicates

    May 4, 2026 0
    No reason for the closure of a Georgia bank on Friday was released by the federal bank deposit insurance agency, except to note that the bank held a substantial sum (relative to its total deposits) in uninsured deposits, according to [...]
  • Six banks earn ‘outstanding’ ratings for CRA rules compliance

    May 4, 2026 0
    Six banks earned ratings of “outstanding” – out of 21 banks evaluated — for their compliance with rules implementing anti-redlining laws, according to April performance evaluations released Monday by the national bank regulator. The remaining 15 banks earned ratings of [...]
  • UPDATED: OCC asserts preemption of disputed Illinois interchange fee law

    April 27, 2026 0
    Updated to provide deadline for comments. Two interim final actions aimed at preempting an Illinois statute governing non-interest charges and fees, including interchange fees on the tax and tip portion of credit card transactions, were issued by the national bank [...]

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