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What's up
  • [ May 5, 2026 ] Loan demand remains flat in most cases, as lending standards stay tight, survey finds The Fed
  • [ May 5, 2026 ] Latest CRA rating list shows banks doing well in complying with anti-redlining rules FDIC
  • [ May 4, 2026 ] 6 of 21 banks getting CRA ratings were deemed ‘outstanding’ OCC
  • [ May 4, 2026 ] Latest credit union to close was in conservatorship since January NCUA
  • [ May 4, 2026 ] Closed Georgia bank held substantial sum of uninsured deposits, agency indicates FDIC
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Otsuka

NCUA

NCUA Board now lacks a quorum, according to suit by Harper, Otsuka challenging their firings from board

April 29, 2025 0

A lawsuit filed Monday by the two Democrats fired recently from their board posts at the National Credit Union Administration (NCUA) seeks their reinstatement and asserts that with its two vacancies, the NCUA Board now […]

NCUA

Credit union regulator leader asserts he can lead agency alone, without two fired board members

April 21, 2025 0

“Precedent and standing delegations of authority” are in place to continue performing all operational and statutory requirements with only one board member for the federal credit union regulator, that sole panelist said in a message […]

NCUA

Credit union regulator cancels Thursday board meeting after Trump fires panel’s 2 Democrats

April 16, 2025 0

The National Credit Union Administration (NCUA) canceled its open board meeting slated for Thursday after  the White House Wednesday fired Democrats Todd Harper and Tanya Otsuka from their seats on the board. The firings, reported […]

NCUA

‘Unilateral’ decision on blocking credit union reporting of overdraft fees creates rift among regulator board members

March 17, 2025 0

A decision to rescind a requirement that credit unions publicly disclose the fees they charge for overdrafts has caused a rift along partisan lines among members of the three-person board that oversees the federal credit […]

NCUA

NCUA’s Otsuka announces Renita Marcellin as senior advisor

March 21, 2024 0

Renita Marcellin, most recently with Americans for Financial Reform and previously with JPMorgan Chase, has been appointed senior advisor to National Credit Union Administration (NCUA) Board Member Tanya Otsuka, the NCUA said. Otsuka announced the […]

NCUA

Credit union regulator board now has full complement as newest member sworn in

January 8, 2024 0

The newest member of the board for the federal credit union regulator was officially sworn in and joined the panel Monday, according to news reports. The website CUToday.info reported that Tanya Otsuka was sworn in […]

NCUA

Senate confirms Otsuka to NCUA Board term lasting into 2029

December 21, 2023 0

Tanya Otsuka was confirmed Wednesday to a six-year term on the National Credit Union Administration (NCUA) Board by voice vote of the full Senate. Otsuka, a Democrat, will have an NCUA Board term lasting through […]

NCUA

Otsuka nomination to NCUA Board awaits Senate confirmation

November 10, 2023 0

President Joe Biden’s (D) nomination of Tanya Otsuka to be a member of the National Credit Union Administration (NCUA) Board recently moved a step closer toward confirmation. Otsuka’s nomination, along with five others, was approved […]

Today

  • Loan demand remains flat in most cases, as lending standards stay tight, survey finds

    May 5, 2026 0
    There was no uptick in demand for most loans, and lending standards remained tight, in the first quarter according to survey results released Monday by the Federal Reserve. The agency said results of its April 2026 Senior Loan Officer Opinion [...]
  • Latest CRA rating list shows banks doing well in complying with anti-redlining rules

    May 5, 2026 0
    Eight banks, out of 46 total, earned “outstanding” ratings from the federal bank deposit insurance agency for their compliance with rules implementing anti-redlining laws, the agency said Tuesday. The ratings, the Federal Deposit Insurance Corp. (FDIC) said, were for banks [...]
  • 6 of 21 banks getting CRA ratings were deemed ‘outstanding’

    May 4, 2026 0
    Six banks were deemed “outstanding” under the anti-redlining Community Reinvesment Act (CRA), and 15 were “satisfactory,” according to the latest list of rating released by the national bank regulator. The ratings for this batch of banks became public in April, [...]
  • Latest credit union to close was in conservatorship since January

    May 4, 2026 0
    People Trust Community Federal Credit Union of North Little Rock, Ark., was closed after about a three-month conservatorship by its federal regulator, becoming the second federally insured credit union closed in 2026. The National Credit Union Administration (NCUA), placed the [...]
  • Closed Georgia bank held substantial sum of uninsured deposits, agency indicates

    May 4, 2026 0
    No reason for the closure of a Georgia bank on Friday was released by the federal bank deposit insurance agency, except to note that the bank held a substantial sum (relative to its total deposits) in uninsured deposits, according to [...]
  • Six banks earn ‘outstanding’ ratings for CRA rules compliance

    May 4, 2026 0
    Six banks earned ratings of “outstanding” – out of 21 banks evaluated — for their compliance with rules implementing anti-redlining laws, according to April performance evaluations released Monday by the national bank regulator. The remaining 15 banks earned ratings of [...]
  • UPDATED: OCC asserts preemption of disputed Illinois interchange fee law

    April 27, 2026 0
    Updated to provide deadline for comments. Two interim final actions aimed at preempting an Illinois statute governing non-interest charges and fees, including interchange fees on the tax and tip portion of credit card transactions, were issued by the national bank [...]

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