PDCF – Regulatory Report

What's up

[ August 24, 2026 ] John Crews sworn in, designated NCUA Board chairman NCUA
[ August 24, 2026 ] Failed Philadelphia savings bank, closed late Friday, estimated to cost FDIC $5 million; sole branch reopens after P&A by other bank FDIC
[ August 20, 2026 ] Fed makes public two consents to prohibitions, both for misappropriation of customer funds The Fed
[ August 20, 2026 ] Crews awaits swearing-in to seat on NCUA Board NCUA
[ August 19, 2026 ] With GENIUS Act date looming, OCC chief says rules will be ready in November OCC

Fed launches new primary dealer credit facility Friday to support credit needs of households, businesses

March 17, 2020 0

A primary dealer credit facility (PDCF) aimed at facilitating the availability of credit to businesses and households was announced Tuesday by the Federal Reserve Board, which said the facility is set to open Friday, March […]

John Crews sworn in, designated NCUA Board chairman

August 24, 2026 0

A former Treasury official, John Crews, was sworn in Monday to a seat on the National Credit Union Administration (NCUA) Board, and he was designated chairman by President Donald Trump, the agency said. Crews, nominated in May and confirmed by [...]
Failed Philadelphia savings bank, closed late Friday, estimated to cost FDIC $5 million; sole branch reopens after P&A by other bank

August 24, 2026 0

The sole branch of a failed Philadelphia savings bank was scheduled to reopen Monday after its deposits were assumed, and “substantially all” its assets were purchased, by another savings bank in the city, the federal insurer of bank deposits said [...]
Fed makes public two consents to prohibitions, both for misappropriation of customer funds

August 20, 2026 0

Two more former bank workers have consented to prohibition orders, both for misappropriation of customer funds, the Federal Reserve said Thursday. The one of the prohibitions is for a former employee at Regions Bank, adding to the at least four [...]
Crews awaits swearing-in to seat on NCUA Board

August 20, 2026 0

There’s been no news yet of the swearing-in of John Crews to a term on the board of the National Credit Union Administration (NCUA), which is apparently working with all three board seats vacant. Crews, a Treasury official, was nominated [...]