LISCC – Regulatory Report

What's up

[ February 27, 2026 ] New bank for investment firm Edward Jones wins federal insurance for Utah industrial charter FDIC
[ February 27, 2026 ] OCC: Final rule clarifies national trust banks may engage in non-fiduciary activities OCC
[ February 27, 2026 ] Former tellers prohibited following scheme to launder illicit drug proceeds through bank’s vault FDIC
[ February 27, 2026 ] NCUA bars 5 former credit union employees from future FI service NCUA
[ February 27, 2026 ] FDIC, OCC release Q2, Q3 CRA evaluation schedules FDIC

Large bank supervision, lending decisions, mergers all covered in central banker’s remarks

February 13, 2023 0

Supervision criteria for large banks will soon be published by the Federal Reserve, a member of the agency’s board said Monday, calling the publication an “important step” in improved transparency in the oversight program by […]

Fed says economy stabilized, but uncertainty persists; updates lists of large firms in supervision program

November 6, 2020 0

Economic conditions have stabilized, but uncertainty for the financial system persists, a report issued Friday by the Federal Reserve stated, in advance of its top supervisor’s testimony on Capitol Hill. Also Friday, the Fed said […]

New bank for investment firm Edward Jones wins federal insurance for Utah industrial charter

February 27, 2026 0

An investment firm with more than $2.2 trillion in assets under management has been awarded deposit insurance for a new industrial bank it has chartered in Salt Lake City, the federal bank deposit insurance agency said Friday. According to the [...]
OCC: Final rule clarifies national trust banks may engage in non-fiduciary activities

February 27, 2026 0

A final rule that aligns regulatory language with related language in underlying statute clarifies that national trust banks may engage in non-fiduciary activities, the national bank regulator announced in a bulletin Friday. The final rule, effective April 1, was issued [...]
Former tellers prohibited following scheme to launder illicit drug proceeds through bank’s vault

February 27, 2026 0

Two Indiana bankers – who both worked for the same bank in Covington, Ind. – were prohibited from further work in a financial institution after pleading guilty to laundering more than $1.6 million of illicit drug sales proceeds, the federal [...]
NCUA bars 5 former credit union employees from future FI service

February 27, 2026 0

Five former employees of credit unions are permanently barred from future service in any federally insured depository institution under one consent order and four notices of prohibition announced Friday. The release by the National Credit Union Administration (NCUA) said the [...]
FDIC, OCC release Q2, Q3 CRA evaluation schedules

February 27, 2026 0

Nearly 400 banks are slated for evaluations under the anti-redlining Community Reinvestment Act (CRA) over the following two calendar quarters, according to schedules released Friday. Both the Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the [...]
OCC issues GENIUS proposal of its own, catching up with other regulators

February 26, 2026 0

Months after another federal banking regulator – and the federal credit union regulator — issued a proposal to implement new laws allowing banks to issue stablecoins through subsidiaries, the national bank regulator has now done the same, it said late [...]
FinCEN solicits nominations to BSA advisory panel

February 25, 2026 0

Treasury’s financial crimes enforcement arm is seeking nominations of eligible organizations – including smaller financial institutions subject to the Bank Secrecy Act (BSA) and entities that can share insights on BSA framework modernization and implementation of the GENIUS Act – [...]