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  • [ August 13, 2026 ] Banks flagged nearly $5 billion in suspected human trafficking, agency finds in BSA data Other
  • [ August 13, 2026 ] Former banker, alleged part of check-fraud ring, prohibited after nearly $400k in losses to bank The Fed
  • [ August 10, 2026 ] ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process FDIC
  • [ August 7, 2026 ] Senate confirms Crews to NCUA Board seat NCUA
  • [ August 7, 2026 ] NCUA liquidates 15-month-old federal credit union 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

  • OCC updates advisory series on bank accounting

    August 14, 2026 0
    Its annual update to the Bank Accounting Advisory Series (BAAS), with answers to frequently asked questions (FAQs) and updates on accounting industry standards, was released Friday by the Office of the Comptroller of the Currency (OCC). The OCC, in Bulletin [...]
  • Banks flagged nearly $5 billion in suspected human trafficking, agency finds in BSA data

    August 13, 2026 0
    “Consistent indicators,” including excessive cash activity conducted along the southwest border of the United States, among other things, are detailed in a report on suspected human smuggling issued Thursday by the Treasury’s financial crimes enforcement arm. According to the Financial [...]
  • Former banker, alleged part of check-fraud ring, prohibited after nearly $400k in losses to bank

    August 13, 2026 0
    Losses of nearly $400,000 caused by a check-fraud ring to Regions Bank in Memphis, Tenn., have earned a former bank worker a prohibition by the Federal Reserve, the agency said Thursday. In a release, the Fed said Elazia Jones, a [...]
  • ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process

    August 10, 2026 0
    Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation (FDIC) said a new, two-phase [...]
  • Senate confirms Crews to NCUA Board seat

    August 7, 2026 0
    The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant secretary for financial institutions policy. [...]
  • NCUA liquidates 15-month-old federal credit union

    August 7, 2026 0
    The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after finding it was “insolvent and [...]

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