private student loan ombudsman – Regulatory Report

What's up

[ July 9, 2026 ] Bank holding companies reach agreement with Fed in wake of 2025 finding of ‘unsafe, unsound practices’ for Illinois bank OCC
[ July 8, 2026 ] NCUA fund has $13 million available for loans to low-income credit unions NCUA
[ July 7, 2026 ] Fed gets in on the act for anti-money laundering changes with other regulators, proposing focus on risk The Fed
[ July 7, 2026 ] OCC sets places, dates for summer director, senior manager workshops OCC
[ July 2, 2026 ] Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution The Fed

CFPB reports continued decline in student loan complaints, notes several potential factors

October 28, 2020 0

The decline in complaints it received related to private or federal student loans from Sept. 1, 2019, to Aug. 31, 2020, continued a trend from 2017 but is not likely attributable to just one factor, […]

Bank holding companies reach agreement with Fed in wake of 2025 finding of ‘unsafe, unsound practices’ for Illinois bank

July 9, 2026 0

A 2025 formal agreement over the unsafe and unsound practices of an Illinois bank has been extended by the Federal Reserve to maintain the soundness of its bank holding company, the agency said Thursday. The Fed said the agreement it [...]
NCUA fund has $13 million available for loans to low-income credit unions

July 8, 2026 0

The federal credit union regulator is accepting applications for loans from its Community Development Revolving Loan Fund (CDRLF), with a total of $13 million available for loans to low-income-designated credit unions. The National Credit Union Administration (NCUA) announced the funding [...]
Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution

July 2, 2026 0

A Lenexa, Kansas, bank is “significantly undercapitalized” and has adopted a prompt corrective action directive prepared by the Federal Reserve, the agency said Thursday. Small Business Bank of Lenexa adopted the prompt corrective action directive after being found undercapitalized by [...]
Agency promotes from within for leader to oversee supervisory data, systems

July 2, 2026 0

Supervisory data, systems, reports and analytics, in support of supervision objectives and the national bank regulator’s mission, will be the responsibility of Jamie Wilds, the agency announced Thursday. In a release, the Office of the Comptroller of the Currency (OCC) [...]