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What's up
  • [ September 21, 2026 ] OCC updates program setting examiner objectives in cybersecurity supervision OCC
  • [ September 18, 2026 ] Three prohibited by Fed in cases of check fraud, misappropriation of funds, misapplication of funds The Fed
  • [ September 17, 2026 ] Proposals would reform bank merger process, promote parity between national, state banks FDIC
  • [ September 17, 2026 ] OCC bars 2 former bank employees over embezzlement, debiting of customer accounts OCC
  • [ September 15, 2026 ] Proposed rules on merger transactions, state bank parity on agenda for FDIC Board FDIC
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CFPB

VA bank to pay ‘no less than’ $5 million in consumer redress, $1.2 million fine for illegal overdraft practices

December 7, 2023 0

Illegal overdraft practices are at the center of a consent order announced Thursday that requires Atlanta Union Bank (AUB), a subsidiary of Atlantic Union Bankshares Corporation (Richmond, Va.), to pay $5 million in redress to […]

FDIC

UPDATED: FDIC seeks to bar 3, impose fines and restitution over alleged bridge loan scheme that cost SBA millions

March 31, 2023 0

A bridge loan scheme that allegedly ended up costing the Small Business Administration an estimated $8.8 million is at the root of a Federal Deposit Insurance Corp. (FDIC) notice in February regarding prohibitions, fines assessments […]

The Fed

Fed fines MN bank $11k over flood insurance violations; bars former CA bank employee, sets $18.7k in restitution

October 7, 2021 0

A bank was assessed an $11,000 civil money penalty over reported violations of federal flood insurance requirements under an order announced Thursday by the Federal Reserve Board. Meanwhile, a former California bank employee is named […]

FDIC

OR bank hit with $1.8 million fine over unfair, deceptive practices; also paid $1.6 million in restitution

May 10, 2021 0

Umpqua Bank of Roseburg, Ore., was ordered last week to pay a $1.8 million civil money penalty by a banking agency that cited it for deceptive and/or unfair practices related to certain collection fees and […]

CFPB

BCFP says Santander to pay $9.29 million to gap insurance purchasers, $2.5 million penalty

November 20, 2018 0

A company that sold a gap insurance product as an add-on to its auto loan products will pay restitution and a civil money penalty over deceptive practices in its product marketing and misrepresentation of the […]

FDIC

Restitution of $20 million set aside – and penalties assessed – to pay for bank’s unfair, deceptive practices

March 28, 2018 0

Although the exact amount of restitution has not yet been finally determined, $20 million to provide restitution to harmed consumers has been placed in a segregated account, and fines of more than $1 million have […]

Today

  • OCC updates program setting examiner objectives in cybersecurity supervision

    September 21, 2026 0
    Updates to conform with standards and evolving risks were made to the national bank regulator’s Cybersecurity Supervision Work Program (CSW), but none of the changes affect banks’ regulatory compliance responsibilities, according to an announcement Monday. “The CSW does not establish [...]
  • Three prohibited by Fed in cases of check fraud, misappropriation of funds, misapplication of funds

    September 18, 2026 0
    Charges of check fraud, misappropriation of customer funds, and misapplication of funds and conflicts of interest have led to the separate prohibitions of three former employees of banks and financial companies, the Federal Reserve said Friday. The three workers, and [...]

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