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What's up
  • [ 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
  • [ August 28, 2026 ] FDIC revises consumer exam manual in response to new definition of ‘unsafe, unsound practices’ FDIC
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CFPB

Trump signs measure eliminating BCFP guidance/rule on ‘indirect auto lending’

May 21, 2018 0

Legislation removing 2013 guidance issued by the federal consumer financial protection agency – which was later deemed a “rule” by a congressional watchdog agency – was signed into law Monday by President Donald Trump in […]

CFPB

Bureau modifies records systems to conform with OMB data breach guidance

May 21, 2018 0

The Bureau of Consumer Financial Protection (BCFP) issued a clarification on the use for its records systems and modified the list of routine uses of records maintained in each system in a notice published Monday […]

NCUA

Verb or noun? Regulator defines how its advertising rules for credit unions preempt state laws in use of ‘bank’

May 21, 2018 0

“Bank” as a verb to generally refer to provision of financial services is permissible for a credit union to use in its advertising, and federal law supersedes state statutes that would block the use of […]

Today

  • 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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