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What's up
  • [ February 4, 2026 ] Lax oversight of IT contract resulted in compliance issues with internal policies, FDIC watchdog finds in audit FDIC
  • [ February 2, 2026 ] Credit union regulator takes on additional, paid role as member of another regulatory agency’s panel NCUA
  • [ February 2, 2026 ] Despite tighter standards, lending for C&I picked up for larger firms in 4Q ’25, report contends The Fed
  • [ February 2, 2026 ] $261 million Chicago bank becomes first to fail in 2026; office reopened Monday under new owner FDIC
  • [ February 2, 2026 ] OCC rates 8 banks ‘outstanding’ under anti-redlining statute; another 21 deemed ‘satisfactory’ OCC
HomeRodney Hood

Rodney Hood

NCUA

Hood to host NCUA capital markets symposium Tuesday at NYSE

April 7, 2023 0

A capital markets symposium featuring speakers from two Federal Home Loan Banks, the vice chairman of the New York Stock Exchange, the Commodity Futures Trading Commission, credit unions and investment firms will be held Tuesday […]

NCUA

Hood says NCUA contacted 23 firms in effort to find a purchaser of taxi medallion loans

February 25, 2020 0

The federal credit union regulatory agency’s recent sale of taxi medallion loans acquired through liquidations of credit unions was preceded by a “thorough” vetting of bidders to ensure only reputable firms dedicated to working in […]

NCUA

MERIT exam platform to roll out as early as fall 2020, federal credit union regulator says

August 14, 2019 0

A milestone in the agency’s effort to modernize its credit union examination program will be reached as early as the fall of 2020 with the roll-out of a new Modern Examination and Risk Identification Tool […]

Today

  • Lax oversight of IT contract resulted in compliance issues with internal policies, FDIC watchdog finds in audit

    February 4, 2026 0
    Lax oversight of a contractor for a $300 million information technology project resulted in questionable compliance with internal policies, including holding the contractor to agreed-upon metrics, the inspector general for the federal bank deposit insurance agency said Wednesday. In a [...]
  • Credit union regulator takes on additional, paid role as member of another regulatory agency’s panel

    February 2, 2026 0
    In an unusual development, two positions on federal regulatory panels will be held by the current board chairman of the credit union regulator, he announced late Friday. National Credit Union Administration (NCUA) Board Chairman Kyle Hauptman, in a statement, thanked [...]
  • Despite tighter standards, lending for C&I picked up for larger firms in 4Q ’25, report contends

    February 2, 2026 0
    Lending standards were tighter for commercial and industrial loans in the final quarter of last year, but demand was “stronger” for the borrowing among some firms, according to a report issued Monday by the Federal Reserve. In its Senior Loan [...]
  • $261 million Chicago bank becomes first to fail in 2026; office reopened Monday under new owner

    February 2, 2026 0
    A failed Chicago bank was scheduled to reopen Monday after 96% of its assets were acquired by a Detroit institution, the federal deposit insurance agency said late Friday. The first bank to fail in 2026 is a $261 million in [...]
  • OCC rates 8 banks ‘outstanding’ under anti-redlining statute; another 21 deemed ‘satisfactory’

    February 2, 2026 0
    Eight out of the 29 banks whose Community Reinvestment Act (CRA) performance ratings became public in January received “outstanding” marks from the Office of the Comptroller of the Currency (OCC). The remaining 21 banks were rated “satisfactory,” according to the [...]
  • Trio of small banks end deposit insurance, including 121-year-old Alabama former S&L

    January 30, 2026 0
    Three small banks in Arizona, Florida and Alabama – the latter of which was 121 years old – have voluntarily ended their federal deposit insurance, their federal insurer said Friday. The Federal Deposit Insurance Corp. (FDIC) said First Community Bank [...]
  • NCUA IG will report on travel card audit later this year, letter shows

    January 30, 2026 0
    Noting it “did not issue any reports with recommendations” related to the agency’s charge card programs in fiscal 2025, the National Credit Union Administration told the federal budget office it is currently conducting an audit related to its travel card [...]

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