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What's up
  • [ July 30, 2026 ] Revised compliance guide lowers leverage ratio for community banks to 8% from 9% FDIC
  • [ July 30, 2026 ] Pair of bankers in different states prohibited after allegations of misappropriation of customer funds The Fed
  • [ July 30, 2026 ] Illinois bank, holding company, agree to enforcement action over shortcomings revealed in exam The Fed
  • [ July 27, 2026 ] FinCEN seeks financial institutions’ aid in rooting out student-loan fraud Other
  • [ July 24, 2026 ] FDIC updates consumer compliance exam manual FDIC
Homelow-income credit unions

low-income credit unions

NCUA

Agency reminds of grant availability for low-income credit unions

November 3, 2025 0

Credit unions with the National Credit Union Administration’s (NCUA) low-income designation can still apply by Dec. 16 for a portion of the more than $3.4 million in grants being made available by the agency, according […]

NCUA

NCUA to open low-income credit union grant round May 1; more than $3.4 million available

April 3, 2024 0

More than $3.4 million is available for a round of grants that will begin taking applications from low-income-designated credit unions May 1, the federal credit union regulator said Wednesday. The Community Development Revolving Loan Fund […]

NCUA

NCUA reminds June 26 is last day for low-income CU grant applications

June 9, 2021 0

A reminder of the June 26 due date for applications from low-income-designated credit unions for grants in the Community Development Revolving Loan Fund’s (CDRLF) current round was issued Wednesday by the National Credit Union Administration […]

NCUA

Agency reminds that applications for low-income credit union grants, targeting pandemic needs, taken until May 22

May 13, 2020 0

Eligible low-income credit unions have until May 22 to apply for Community Development Revolving Loan Fund (CDRLF) grants to meet their needs and needs of their members during the COVID-19 pandemic, the federal credit union […]

NCUA

NCUA details potential uses for COVID-19 emergency grants, loans to low-income credit unions

March 31, 2020 0

The federal credit union regulator Monday afternoon announced that of the money allocated for this year’s revolving loan fund activities, $4 million is designated for loans and $800,000 for grants so credit unions can help […]

Today

  • Revised compliance guide lowers leverage ratio for community banks to 8% from 9%

    July 30, 2026 0
    An 8% leverage ratio requirement for community banks – down from 9% — is the key component of an updated compliance guide for the ratio’s framework, released Thursday by federal banking regulators. The lowered requirement for the community bank leverage [...]
  • Pair of bankers in different states prohibited after allegations of misappropriation of customer funds

    July 30, 2026 0
    Charges of misappropriation of customer funds at banks in Alabama and Montana have led to prohibitions of two former employees of the institutions, with their consent, the Federal Reserve said Thursday. In a release, the Fed said that Ralph A. [...]
  • Illinois bank, holding company, agree to enforcement action over shortcomings revealed in exam

    July 30, 2026 0
    Deficiencies in internal controls, risk management and more have led to an enforcement action against an Illinois bank and its holding company by the Federal Reserve, the agency said Thursday. According to the Fed, Iuka State Bank and its holding [...]
  • FinCEN seeks financial institutions’ aid in rooting out student-loan fraud

    July 27, 2026 0
    Financial institutions are encouraged to report suspicious account activity that could point to fraud targeting federal student aid programs, according to an alert from Treasury’s financial crimes enforcement unit. Friday, the Financial Crimes Enforcement Network (FinCEN) issued an alert on [...]
  • FDIC updates consumer compliance exam manual

    July 24, 2026 0
    Updates to violation codes, Truth in Lending Act (TILA) thresholds, Home Mortgage Disclosure Act (HMDA) loan-volume thresholds and more are reflected in the July iteration of the federal bank deposit insurer’s Consumer Compliance Examination Manual (CEM). The Federal Deposit Insurance [...]

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