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What's up
  • [ July 1, 2025 ] NCUA shutters small IL credit union after 12-day conservatorship NCUA
  • [ July 1, 2025 ] Seven banks – including Bank of China branches – earn top ratings for CRA compliance OCC
  • [ June 30, 2025 ] Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession The Fed
  • [ June 30, 2025 ] Risk on rise for banks in three key areas, OCC reports, as economic uncertainty increases OCC
  • [ June 30, 2025 ] Citing imminent insolvency, credit union regulator closes doors of OH cooperative; members, accounts transferred to another NCUA
Homeoverdraft protection

overdraft protection

OCC

‘Fairness’ can help guide bank compliance risk management, OCC leader contends, using overdraft programs as example

March 25, 2024 0

Using fairness as an “input” to help guide banks’ compliance risk management programs was advocated by the regulator of national banks in a speech Monday. Speaking to the Consumer Bankers Association in Washington, Acting Comptroller […]

No Picture
CFPB

Agencies list rulemaking plans for months ahead; no overdraft fee action from consumer bureau

June 22, 2022 0

Spring rulemaking updates for federal financial regulators were announced this week, featuring a variety of proposed and final rules up for action over the next several months, including modernizing rules implementing the anti-redlining Community Reinvestment […]

NCUA

Credit union regulator’s webinar to look at overdraft protection programs, including fees, types

March 8, 2022 0

Overdraft protection programs – and their fee structures, public views of the services, and market changes – are on the agenda for a March 23 webinar sponsored by the federal credit union regulator. The National […]

CFPB

Bureau regulatory agenda makes no mention of action on overdraft fees – for now

January 31, 2022 0

The phrase “overdraft fees” does not appear in the “semiannual regulatory agenda” published Monday by the federal consumer financial protection agency, according to the day’s issue of the Federal Register. However, there may be more […]

NCUA

Credit risk management, cybersecurity, payments top 2022 supervisory priorities for credit union regulator

January 18, 2022 0

Credit risk management, cybersecurity, and payment systems are the three top supervisory priorities for the federal credit union regulator, the agency said Tuesday. Overall, the National Credit Union Administration (NCUA) said in its letter to […]

Today

  • NCUA shutters small IL credit union after 12-day conservatorship

    July 1, 2025 0
    A tiny credit union that was placed into conservatorship June 18 was closed by its federal regulator July 1, the agency said in a release that alleged violations of federal law and rules. “The decision to liquidate Aldersgate Federal Credit [...]
  • Seven banks – including Bank of China branches – earn top ratings for CRA compliance

    July 1, 2025 0
    Seven banks – including two branches of the Bank of China – received the highest ratings for compliance with rules implementing anti-redlining laws, according to scores released Tuesday by the national bank regulator. The ratings for compliance with Community Reinvestment [...]
  • Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession

    June 30, 2025 0
    The 22 large banks subjected to the Federal Reserve Board’s 2025 stress test reportedly are “well positioned” to withstand a hypothetical, severe recession while remaining above their minimum capital requirements and continuing to lend to households and businesses, the Fed [...]
  • Risk on rise for banks in three key areas, OCC reports, as economic uncertainty increases

    June 30, 2025 0
    Economic uncertainty has increased as consumer sentiment, geopolitical risk, sustained higher interest rates, and downward movement in some macroeconomic indicators have all had their impact on threats to the banking system, the national bank regulator said Monday. In its Semiannual [...]
  • Citing imminent insolvency, credit union regulator closes doors of OH cooperative; members, accounts transferred to another

    June 30, 2025 0
    A Middletown, Ohio, credit union has been closed and its members and their accounts moved to a Cincinnati, Ohio, credit union, the federal regulator said Monday. Butler Heritage Federal Credit Union (FCU) of Middletown was liquidated by the National Credit [...]
  • 2 former credit union employees barred from future work in insured FIs

    June 30, 2025 0
    A former employee of a Kansas credit union and one from a credit union in Pennsylvania are barred from participating in the affairs of any federally insured depository institution, the federal credit union regulator said Monday. The National Credit Union [...]
  • Texas bank became second to fail so far this year

    June 30, 2025 0
    A Santa Anna, Texas, bank was closed late Friday by the national bank regulator, becoming the second bank to fail so far this year. Santa Anna National Bank was closed by the Office of the Comptroller of the Currency (OCC), [...]

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