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  • [ April 3, 2026 ] Former banker prohibited after theft of funds used to replenish ATMs The Fed
  • [ April 3, 2026 ] One-member NCUA Board to hear briefings on several subjects – but take no action NCUA
  • [ April 3, 2026 ] CRA ratings list includes 3 banks deemed ‘outstanding,’ FDIC info shows FDIC
  • [ April 2, 2026 ] Comptroller promotes two to positions overseeing bank chartering, policies activities OCC
  • [ April 2, 2026 ] Small PA credit union closed after regulator found it was ‘insolvent, no prospect’ for viable operations NCUA
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Nearly half of all loans made for COVID-19 era programs repaid – but losses mount on remaining

December 19, 2024 0

Nearly half of the loans made through emergency lending programs of the Federal Reserve in response to the coronavirus crisis in 2020 have been repaid, according to a report issued Thursday by the congressional watchdog. […]

The Fed

With latest changes, nonprofits have more access to Fed’s Main Street Lending Program

July 17, 2020 0

Nonprofit organizations such as educational institutions, hospitals, and social service organizations will have more access to credit through the Federal Reserve’s Main Street Lending Program (MSLP) as a result of modifications that added two new […]

COVID-19 actions

Fed’s Main Street Lending Program now ‘fully operational,’ ready to purchase loan participations

July 6, 2020 0

The long-promised Main Street Lending Program (MSLP) of the Federal Reserve is now fully operational and ready to purchase eligible loan participations by registered lenders, the Boston arm of the central bank said Monday. The […]

COVID-19 actions

Loan amounts, terms for Main Street Lending Program revised to accommodate more small, medium-size businesses

June 8, 2020 0

Changes intended to expand accessibility to its the Main Street Lending Program (MSLP), expected to open for registration soon, were announced Monday by the Federal Reserve Board, which said the changes will make the program […]

The Fed

Fed acts to pump $2.3 trillion more into economy – including $600 billion for ‘Main Street’ lending facility

April 9, 2020 0

Up to $2.3 trillion in loans to support the economy – including $600 billion to purchase loans to small- and mid-sized businesses – was announced Thursday by the Federal Reserve as a result of “additional […]

Today

  • Former banker prohibited after theft of funds used to replenish ATMs

    April 3, 2026 0
    A former North Carolina banker was prohibited after pleading guilty to alleged embezzlement of more than $33,000, the Federal Reserve said Friday. In a release, the Fed said Mollie Morrow, a former sales representative for United Bank in Washington, N.C., [...]
  • One-member NCUA Board to hear briefings on several subjects – but take no action

    April 3, 2026 0
    Brokered and reciprocal deposits, and a deregulation plan, are on the agenda for a meeting of the one-member board of the federal credit union regulator set for April 9, the agency said late Thursday. The National Credit Union Administration (NCUA) [...]
  • CRA ratings list includes 3 banks deemed ‘outstanding,’ FDIC info shows

    April 3, 2026 0
    Three banks rated “outstanding” and 35 deemed “satisfactory” for their performance under the anti-redlining Community Reinvestment Act (CRA) were on the latest list of banks rated by the Federal Deposit Insurance Corp. (FDIC) in January. The list, released Friday, shows [...]
  • Comptroller promotes two to positions overseeing bank chartering, policies activities

    April 2, 2026 0
    Policies and “executive direction” on federal bank applications, chartering, and corporate activities, policies, processes, and requirements will be set by two executives at the national bank regulator, the agency said Thursday. Jason Almonte and Sebastian Astrada have been promoted to [...]
  • Small PA credit union closed after regulator found it was ‘insolvent, no prospect’ for viable operations

    April 2, 2026 0
    A small Pennsylvania credit union was liquidated after the federal regulator found it “was insolvent and had no prospect for restoring viable operations,” the agency said late Wednesday. Copper & Glass Federal Credit Union (FCU) in Glassport, Penn., was closed [...]
  • Comptroller withdraws guidelines on recovery planning for larger banks; cites achieving goal of erasing ‘unnecessary regulatory burden’

    April 1, 2026 0
    Recovery planning guidelines will be rescinded for some large banks under a final rule issued Wednesday by the national bank regulator. The rule takes effect 30 days after its publication in the Federal Register, the Office of the Comptroller of [...]
  • TIL, EFT, flood insurance lead FDIC consumer compliance supervisory highlights; EFT moves higher in list

    April 1, 2026 0
    Violations of truth-in-lending, electronic fund transfer and flood insurance regulations were among the top consumer regulatory abuses reported by bank in 2025, the federal bank deposit insurance agency said Wednesday. In its semi-annual report on consumer compliance supervision for last [...]
  • Bank trading revenue at $14.9 billion in Q4 2025, OCC says; down from Q3 and from year ago

    April 1, 2026 0
    U.S. commercial banks had $14.9 billion in cumulative trading revenue in the fourth quarter of 2025 – down $2.9 billion, or 16.3%, from the previous quarter and $680 million, or 4%, from a year earlier, the Office of the Comptroller [...]
  • 4 banks rated ‘outstanding’ for CRA, OCC says; other 14 are ‘satisfactory’

    April 1, 2026 0
    Four of the 18 banks that received Community Reinvestment Act (CRA) evaluation ratings in March from the national bank regulator were deemed “outstanding,” with the remaining 14 rated “satisfactory,” according to information released Wednesday. The four “outstanding” ratings under the [...]

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