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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
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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

  • 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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