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What's up
  • [ September 1, 2026 ] $2.4 million Kansas City credit union merged after 2-month conservatorship NCUA
  • [ August 31, 2026 ] Order: Former IN credit union employee caused $350,000 loss NCUA
  • [ August 31, 2026 ] Comptroller sets schedules for 4th, 1st Quarter CRA exams; takes break in December OCC
  • [ August 28, 2026 ] ‘Unsafe, unsound practice’ redefined by bank agencies in interest of prioritizing material financial risks over policies FDIC
  • [ August 28, 2026 ] Former bank CFO who diverted loan proceeds among those targeted in FDIC prohibitions FDIC
HomeJuneteenth

Juneteenth

CFPB

Interpretive rule attempts to clarify impact of new (and sudden) Juneteenth holiday on mortgage rule requirements

August 5, 2021 0

Whether the new federal holiday of Juneteenth (marked for the first time as a federally observed break this past June) counts as a business day or federal holiday for purposes of mortgage rescissions and disclosures […]

CFPB

CFPB: We’re aware abrupt ‘Juneteenth’ holiday observance raised concerns about disclosure compliance in mortgage closings

June 21, 2021 0

The timing of mortgage lenders’ compliance with federal disclosure rules may have been disrupted with the abrupt implementation of the new “Juneteenth” federal holiday late last week – perhaps even delaying mortgage closings – and […]

FDIC

ICYMI: Banking agencies shutter doors Friday to observe Juneteenth holiday

June 17, 2021 0

The three federal banking agencies were closed Friday, they announced in separate releases Thursday, in observance of the new federal Juneteenth National Independence Day holiday signed into law Thursday by President Joe Biden (D). The […]

Today

  • $2.4 million Kansas City credit union merged after 2-month conservatorship

    September 1, 2026 0
    The conservatorship of WeDevelopment Federal Credit Union of Kansas City, Mo., ended with the credit union merged into CommunityAmerica Federal Credit Union, Lenexa, Kan., according to a release Tuesday. The National Credit Union Administration (NCUA) placed WeDevelopment Federal Credit Union [...]
  • Order: Former IN credit union employee caused $350,000 loss

    August 31, 2026 0
    A former employee’s misconduct caused Centra Credit Union, Columbus, Ind., more than $350,000 in losses, according to an August consent prohibition announced Monday that bars her permanently from any future work in federally insured financial institutions. The National Credit Union [...]
  • Comptroller sets schedules for 4th, 1st Quarter CRA exams; takes break in December

    August 31, 2026 0
    Seventy-nine banks – many of them in Texas – will face exams for anti-redlining rules compliance in the fourth quarter of this year, and the first quarter of next year, the national bank regulator said Monday. In releasing its fourth [...]
  • Former bank CFO who diverted loan proceeds among those targeted in FDIC prohibitions

    August 28, 2026 0
    A former chief financial officer of Bank of the Valley, Bellwood, Neb., is prohibited from any future work in federally insured financial institutions under a consent order issued in July and announced Friday by the federal bank deposit insurer. The [...]
  • FDIC revises consumer exam manual in response to new definition of ‘unsafe, unsound practices’

    August 28, 2026 0
    Five chapters were revised – and a template removed –from the federal bank deposit insurance agency’s consumer compliance exam manual, the agency said Friday, in a response to a new rule on unsafe, unsound practices. On Thursday, the Federal Deposit [...]

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