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What's up
  • [ December 31, 2025 ] Resolution planning requirements eased in 2025 will be proposed as permanent in 2026, agency informs FDIC
  • [ December 30, 2025 ] FDIC posts templates of deals for failing banks in move to ‘increase transparency’ FDIC
  • [ December 30, 2025 ] Annual thresholds for ‘small bank,’ ‘intermediate bank’ set for CRA purposes; up based on 2.51% FDIC
  • [ December 29, 2025 ] Theft from drive-through teller window of more than $50k leads to prohibition for banker FDIC
  • [ December 24, 2025 ] Claiming it has more experience now, agency wants to raise threshold of bank size for ‘heightened standards’ OCC
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CFPB

Honda financing arm to pay $12.8 million in redress, penalty over credit reporting violations during COVID-19 pandemic

January 17, 2025 0

American Honda Finance Corporation was ordered Friday to pay $10.3 million in consumer redress plus a $2.5 million civil money penalty over findings of credit report furnishing inaccuracies and dispute investigation failures during the COVID-19 […]

CFPB

CFPB orders $6 million in redress, penalties for prison financial services firm JPay

October 19, 2021 0

A dominant provider of financial services to prisons and jails nationwide has been ordered to pay $4 million in consumer redress and a $2 million civil money penalty over allegations it charged people who were departing […]

CFPB

CFPB seeks $5.4 million in consumer redress, $1 fine from MA debt settlement firm

May 17, 2021 0

A debt collection firm in Massachusetts would be required to pay $5.4 million in consumer redress and a $1 civil money penalty under a settlement proposed Monday by the Consumer Financial Protection Bureau (CFPB). The […]

CFPB

Settlement calls for $9.3 million in redress – but bureau shrinks that amount by 90%, adds $1

November 23, 2020 0

Misleading statements about what customers in an auto payment program would pay have earned the Florida company that ran the program and its owner a settlement with the consumer financial protection agency over charges of […]

CFPB

CFPB proposes $15 million penalty, plus redress, against Encore Capital Group and subsidiaries

October 15, 2020 0

A proposed stipulated final judgment and order filed Thursday by the federal consumer financial protection agency would impose a $15 million civil money penalty and require $79,308.81 in consumer redress against four firms over violations […]

CFPB

Nissan finance arm to pay up to $5 million in fine, redress over illegal collections, repo practices

October 14, 2020 0

A $4 million civil money penalty and up to $1 million in consumer redress must be paid by Nissan Motor Acceptance Corporation, an auto financing subsidiary of Nissan North America, Inc., under a consent order […]

CFPB

CFPB orders short-term lenders to pay $3.5 million in redress but allows reduction; cites deceptive, unfair acts

June 2, 2020 0

A consent order between the consumer financial protection agency and affiliated payday and auto-title lenders working in eight states imposes a judgment of about $3.5 million in consumer redress, but the settlement announced Tuesday provides […]

Today

  • Resolution planning requirements eased in 2025 will be proposed as permanent in 2026, agency informs

    December 31, 2025 0
    Banks with $50 billion or more in total assets will face in 2026 new resolution planning requirements designed to codify rules eased in 2025, the federal bank deposit insurance agency said Wednesday. In a financial institution letter (FIL-63-2025), the Federal [...]
  • FDIC posts templates of deals for failing banks in move to ‘increase transparency’

    December 30, 2025 0
    Templates of contractual agreements for transactions of failing banks have been posted by the federal bank deposit insurance agency “to facilitate review in advance of any acquisition opportunities,” the agency said Tuesday. In a financial institution letter (FIL), the Federal [...]
  • Annual thresholds for ‘small bank,’ ‘intermediate bank’ set for CRA purposes; up based on 2.51%

    December 30, 2025 0
    For anti-redlining regulation purposes in 2026, a small bank will be defined as having assets under $1.629 billion, and an intermediate small bank will be defined as having assets of at least $412 million and under $1.649 billion, two banking [...]
  • Theft from drive-through teller window of more than $50k leads to prohibition for banker

    December 29, 2025 0
    An alleged theft of more than $50,000 from the drive-through teller drawer in Short Pump, Va., has earned a former teller of the bank a prohibition of future service in financial institutions, the federal insurer of bank deposits said Monday. [...]
  • Claiming it has more experience now, agency wants to raise threshold of bank size for ‘heightened standards’

    December 24, 2025 0
    Only the very largest banks – those with $700 billion in assets or more – would be subject to “heightened standards” for gauging threats to the financial system under a proposal issued Tuesday by the national bank regulator. The Office [...]
  • 4 more regs tapped for removal or revision at NCUA; comments due Feb. 27

    December 24, 2025 0
    The second round of the federal credit union regulator’s “deregulation project” was released this week, with four of the agency’s rules proposed for either deletion or revision. The National Credit Union Administration’s (NCUA) deregulation project is being rolled out in [...]

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