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What's up
  • [ September 25, 2026 ] Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines The Fed
  • [ September 24, 2026 ] Fed issues two proposals for stablecoin issuers; one on backing with reserve assets, the other for ‘tailored application’ process The Fed
  • [ September 23, 2026 ] Foreclosures inch up in second quarter, but delinquencies drop and performing loans increase OCC
  • [ September 23, 2026 ] Credit union regulator releases quarterly update to its simplified CECL tool NCUA
  • [ September 21, 2026 ] OCC updates program setting examiner objectives in cybersecurity supervision OCC
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Santander

The Fed

Fed ends four-year-old enforcement action against Santander units

February 4, 2021 0

An enforcement action against units of the Santander USA financial firm nearly four years ago has been terminated by the Federal Reserve, the agency said Thursday. The Fed said the action applies to Santander Holdings […]

CFPB

Bad data provided to consumer reporting agencies results in bad outcome for Santander Consumer: $4.75M penalty

December 23, 2020 0

Providing erroneous consumer loan data to consumer reporting agencies over years at a time has earned a U.S. subsidiary of a Spanish bank a consent order from the federal consumer financial protection agency, which imposes […]

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 […]

Today

  • Former teller leader prohibited for allegedly misappropriating nearly a quarter million dollars from cash dispenser machines

    September 25, 2026 0
    Misappropriation of about $246,000 from teller cash dispenser machines has led to the prohibition of a former teller supervisor of a bank in the Maryland suburbs of Washington, D.C., the Federal Reserve said Thursday. According to the agency, Renee Nicole [...]
  • Fed issues two proposals for stablecoin issuers; one on backing with reserve assets, the other for ‘tailored application’ process

    September 24, 2026 0
    Payment stablecoin issuers would be required to fully back their stablecoins with certain permissible reserve assets, and banks applying to issue payment stablecoins would face a “tailored application process” under two proposals issued Thursday by the Federal Reserve. Both proposals [...]
  • Foreclosures inch up in second quarter, but delinquencies drop and performing loans increase

    September 23, 2026 0
    Foreclosures of first mortgages inched up in the second quarter of this year, with higher levels than the previous quarter and higher than the same number one year ago, the national bank regulator said Wednesday. In its Mortgage Metrics Report, [...]
  • Credit union regulator releases quarterly update to its simplified CECL tool

    September 23, 2026 0
    The latest Weighted Average Remaining Maturity – also known as “life-of-loan” factors — are updated in the September 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the allowance for credit losses on [...]
  • 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 [...]

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