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What's up
  • [ December 18, 2025 ] NCUA 2026 budget set at $316.2 million, down 20% from 2025 Federal financial regulation
  • [ December 18, 2025 ] NCUSIF still expected to close 2025 at 1.3% NCUA
  • [ December 18, 2025 ] Expecting rule change at Fed, agencies say they will no longer issue annual notice warning of insider lending restrictions FDIC
  • [ December 18, 2025 ] Comptroller terminates six enforcement actions, including one against Citibank OCC
  • [ December 18, 2025 ] Agency decides to clear the books of bulletins, other issuances made over 40-year period OCC
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OCC

Otting: Post-Wells Fargo review of other banks shows small incidence of unauthorized account openings

June 13, 2018 0

An 18-month review of account opening activities at more than 40 national banks in the wake of the Wells Fargo fiasco identified some 20,000 accounts that were opened under questionable circumstances, Comptroller of the Currency […]

Other

FinCEN advisory highlights corrupt figures’ connection to rights abuses, reminds FIs of BSA responsibilities

June 12, 2018 0

Treasury’s financial crimes unit on Tuesday issued an advisory to warn U.S. financial institutions about the connection between corrupt senior foreign political figures and their enabling of human rights abuses, how they seek to use […]

Federal financial regulation

Improper credit originations lead to prohibition for bank employee

June 12, 2018 0

A former employee of Regions Bank in Birmingham, Ala., has been prohibited from future involvement with financial institutions for allegedly engaging in improper practices regarding credit origination, the Federal Reserve said Tuesday. Ashley N. Burrus, […]

CFPB

Bureau puts its sign where acting director’s mouth is – ‘bcfp’ now graces lobby of headquarters

June 12, 2018 0

An outward sign of the name change at the federal consumer financial protection agency has literally come to pass – with a new emblem emblazoned on the agency’s headquarters. Monday, a sign using the acronym […]

The Fed

Banking committee gives thumbs up to Fed nominees for vice chairman, member

June 12, 2018 0

Nominations of Richard Clarida and Michele “Miki” Bowman for seats on the Federal Reserve Board of Governors were recommended for confirmation by the Senate Banking Committee Tuesday on partisan lines. The committee voted in executive […]

Today

  • NCUA 2026 budget set at $316.2 million, down 20% from 2025

    December 18, 2025 0
    The combined budgets of the National Credit Union Administration (NCUA) in 2026 will total $316.15 million, about $2.36 million more than proposed but 20% below the agency’s 2025 budget, according to action apparently taken Wednesday and announced in Thursday’s open [...]
  • NCUSIF still expected to close 2025 at 1.3%

    December 18, 2025 0
    No change in the projected year-end equity ratio of the National Credit Union Share Insurance Fund (NCUSIF) is offered in the latest briefing on the fund, provided during Thursday’s open meeting of the National Credit Union Administration (NCUA) Board. The [...]
  • Expecting rule change at Fed, agencies say they will no longer issue annual notice warning of insider lending restrictions

    December 18, 2025 0
    Two federal banking agencies will no longer issue an annual letter to banks outlining their expectations for compliance with insider lending restrictions and related reporting requirements, an effort toward “greater certainty,” they said in a joint letter issued Thursday. Instead, [...]
  • Comptroller terminates six enforcement actions, including one against Citibank

    December 18, 2025 0
    A 2024 amendment to an earlier consent order against Citibank, N.A., was among six terminations of orders issued by the national bank regulator in December and released Thursday. The order terminations were the only enforcements reported by the Office of [...]
  • Agency decides to clear the books of bulletins, other issuances made over 40-year period

    December 18, 2025 0
    Fifty-five outdated or replaced bulletins and other issuances – including advisory letters, circulars, and more — were rescinded by the national bank regulator Thursday; the issuances were published over a 40-year period, the regulator said. In addition, the Office of [...]
  • Proposed guidance gives banks option to tailor CRA exams based on ability to offer services for community needs

    December 17, 2025 0
    A bank could tailor its anti-redlining examination based on the needs of the community and the products and services the bank offers to serve those needs under proposed guidance unveiled Wednesday by the national bank regulator. The Office of the [...]
  • Latest new bank — this one in Ohio — will focus on virtual currency market, among other things

    December 16, 2025 0
    A newly chartered bank for Columbus, Ohio — which will focus on financial products for businesses and individuals in the technology, payment systems, investment, and defense industries, including virtual currency market participants — was approved for federal deposit insurance Tuesday, [...]
  • Rule would establish stablecoin issuance application procedure for banks, as required by GENIUS Act

    December 16, 2025 0
    Banks wishing to issue payment stablecoins would need to follow an application procedure outlined in a proposed rule issued Tuesday by the board of the federal bank deposit insurance agency. The proposal, if finalized, would execute application provisions contained in [...]
  • DOGE cuts to FDIC workforce live on in ’26 operating budget, which decreases by 16.4%

    December 16, 2025 0
    A 16.4% decrease in the budget for 2026 of the federal bank deposit insurance agency is attributable to staffing cuts made at the beginning of the year in line with White House demands, the agency said Tuesday. According to the [...]

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