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What's up
  • [ June 19, 2026 ] Former OK bank leader earns prohibition, $125k fine for ‘imprudent’ lending that led to millions in losses The Fed
  • [ June 18, 2026 ] Agencies jointly issue proposal for ‘effective’ customer ID program used by permitted stablecoin issuers FDIC
  • [ June 17, 2026 ] Want your filing approved? OCC attempts to clarify how that happens (and how it doesn’t) OCC
  • [ June 18, 2026 ] OCC bars 2 from banking work; terminates 3 previous orders of enforcement OCC
  • [ June 17, 2026 ] GAO: Fed’s COVID-era ‘Main Street’ loan program shows 70% of loans repaid; more Other
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Graphics

Graphic displays HMDA lending by financial institutions

October 2, 2017 0

A graphic that shows lending to white and minority borrowers, as reported by the Federal Reserve using 2016 Home Mortgage Disclosure Act (HMDA) data is ready for use. The graphic draws from a Federal Reserve […]

NCUA

‘Emergency merger’ proposal draws three comments

October 2, 2017 0

Three comments – all from credit unions – were filed on a proposal to redefine the phrase of “in danger of insolvency ” for purposes of an emergency merger, issued by the National Credit Union […]

NCUA

Agency liquidates 3rd credit union of year; $86 million institution

October 2, 2017 0

An $86 million-asset Louisiana federal credit union, with more than 22,000 members, was liquidated Monday by the National Credit Union Administration (NCUA), after the agency determined the credit union was insolvent and had no prospect […]

OCC

Cybersecurity at top of list for OCC’s 2018 strategies

October 2, 2017 0

Cybersecurity and “operational resiliency” lead the list of strategies to be addressed for national bank regulation in 2018, according to the supervision operating plan released by the Office of the Comptroller of the Currency (OCC) […]

CFPB

CFPB mum on comptroller charge that arbitration rule raises credit cost

October 2, 2017 0

No response has been made yet by the Consumer Financial Protection Bureau (CFPB) to an allegation that removing arbitration clauses for financial products and services raises costs of credit by about 25%. Acting Comptroller of […]

Today

  • Former OK bank leader earns prohibition, $125k fine for ‘imprudent’ lending that led to millions in losses

    June 19, 2026 0
    “Imprudent” loans made to the relatives of an Oklahoma bank CEO have led to his prohibition from future bank employment and a fine of $125,000, the Federal Reserve said Thursday. According to the Fed, it has prohibited Thomas Engelbrecht from [...]
  • Agencies jointly issue proposal for ‘effective’ customer ID program used by permitted stablecoin issuers

    June 18, 2026 0
    Establishing and maintaining “an effective” customer identification program (CIP) for permitted payment stablecoin issuers (PPSIs) was proposed Thursday by federal banking and credit union regulators, and the Treasury’s financial crimes enforcement unit. The proposal, issued under the auspices of the [...]
  • Want your filing approved? OCC attempts to clarify how that happens (and how it doesn’t)

    June 17, 2026 0
    A filing is inconsistent with law or regulation if it does not meet the applicable statutory or regulatory criteria for that filing type, the national bank regulator said Wednesday in a bulletin focusing on the agency’s filing decision process. The [...]
  • OCC bars 2 from banking work; terminates 3 previous orders of enforcement

    June 18, 2026 0
    Two banking executives were barred from any future work in federally insured financial institutions in consent prohibition orders announced Thursday by the Office of the Comptroller of the Currency (OCC). The agency’s prohibition orders noted that: Steven Ho, former vice president [...]
  • GAO: Fed’s COVID-era ‘Main Street’ loan program shows 70% of loans repaid; more

    June 17, 2026 0
    An annual review of the Federal Reserve’s Main Street Lending Program — created with other programs to ensure credit availability amid the COVID-19 pandemic — has seen 70% of the 1,830 loans made fully repaid, with 16% generating losses and about [...]
  • Credit union regulator’s Hauptman to receive three briefings at meeting set for June 24

    June 17, 2026 0
    A mid-year budget update is on the agenda for the federal credit union regulator’s one-man board when he gavels in the meeting June 24, at 10 a.m. ET. According to the National Credit Union Administration (NCUA) Kyle Hauptman, chairman of [...]
  • OCC drops language from MDI rules designating what groups qualify as ‘socially, economically disadvantaged’

    June 16, 2026 0
    As there is no specified group of individuals presumed to be socially and economically disadvantaged under the statute creating minority depository institutions (MDIs), the national bank regulator is dropping portions of its rules that outline who those groups are, the [...]
  • UPDATED: Credit union regulator loosens rules on records preservation requirements

    June 15, 2026 0
    Guidance on records preservation for credit unions concerning the length of time credit unions should retain various types of operational records was removed from the federal regulator’s regulations under a final rule adopted Monday. According to the one-man board of [...]
  • FinCEN updates guidance on banks’ USA PATRIOT Act info sharing with others

    June 15, 2026 0
    Updated guidance on how financial institutions are permitted to share information with each other regarding suspected fraud was issued by Treasury’s financial crimes enforcement arm under the USA PATRIOT Act. The Financial Crimes Enforcement Network (FinCEN) on Friday released a [...]

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