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What's up
  • [ January 7, 2026 ] FDIC: Audit finds no documentation on cost benefits of student resource center since 1986 FDIC
  • [ January 7, 2026 ] CFPB adjusts HMDA, TILA asset-size thresholds for 2026 CFPB
  • [ January 6, 2026 ] CFPB ends silence; provides ‘tips, reminders’ for 2026 HMDA filings CFPB
  • [ January 6, 2026 ] Fed: Former bank branch manager who took $27k from customer accounts is barred The Fed
  • [ January 5, 2026 ] Nearly half of all banks – 15 – are ‘outstanding’ in latest CRA ratings from OCC OCC
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President to nominate Patel to Treasury FI assistant secretary post

September 17, 2018 0

The president plans to nominate Bimal Patel as the next Treasury assistant secretary for financial institutions. Patel is currently Treasury’s deputy assistant secretary for the Financial Stability Oversight Council, according to the White House. Treasury’s […]

FDIC

CECL status update on tap next week for FDIC Atlanta regional call

September 17, 2018 0

A status update on the methodology for the current-expected-credit-loss (CECL) accounting standard is slated for the Sept. 27 Federal Deposit Insurance Corp. (FDIC) Atlanta Region Regulatory Conference Call. The 90-minute call (10-11:30 a.m. ET), open […]

OCC

Stress testing guidance under renewal; will be revisited later for EGRRCPA

September 17, 2018 0

Guidance on how banks should structure their stress testing activities to fit their risk management needs is slated for renewal without addressing this year’s regulatory relief law due to timing, the Office of the Comptroller […]

FDIC

Letter reinforces statement on ‘supervisory guidance’ but provides insight as to use of the direction

September 17, 2018 0

A letter reinforcing a joint agency statement issued last week on “supervisory guidance” – as well as providing further insight as to what “supervisory guidance” actually constitutes – was sent by the federal insurer of […]

The Fed

Clarida sworn in as Fed vice chairman; to serve four-year term

September 17, 2018 0

Richard Clarida is now officially the vice chairman of the Federal Reserve Board, having been sworn in to office by Chairman Jerome H. (“Jay”) Powell on Monday, the Federal Reserve said. In a release Monday, […]

Today

  • FDIC: Audit finds no documentation on cost benefits of student resource center since 1986

    January 7, 2026 0
    Setting processes and procedures for managing the agency’s Student Resource Center (SRC) and developing SRC performance goals, things that appeared to be lacking since the center’s inception, are among the corrective actions the federal deposit insurer has agreed to make [...]
  • CFPB adjusts HMDA, TILA asset-size thresholds for 2026

    January 7, 2026 0
    The asset-size thresholds for institutions subject to Home Mortgage Disclosure Act (HMDA) reporting and Truth in Lending Act (TILA) escrows (for higher-priced mortgage loans) are higher as of Wednesday, according to two Federal Register notices. The Consumer Financial Protection Bureau [...]
  • CFPB ends silence; provides ‘tips, reminders’ for 2026 HMDA filings

    January 6, 2026 0
    Reminders and tips for 2026 Home Mortgage Disclosure Act (HMDA) filings were issued Tuesday by the federal consumer financial protection agency, which also noted some updates to file locations. The Consumer Financial Protection Bureau (CFPB) noted that an upgrade has [...]
  • Fed: Former bank branch manager who took $27k from customer accounts is barred

    January 6, 2026 0
    A former branch manager of Regions Bank, Birmingham, Ala., who allegedly took money from customer accounts is barred from any future work in federally insured financial institutions under a consent order released Tuesday by the Federal Reserve Board. The Fed, [...]
  • Nearly half of all banks – 15 – are ‘outstanding’ in latest CRA ratings from OCC

    January 5, 2026 0
    Fifteen banks – out of 33 total — were awarded “outstanding” ratings for their compliance with rules implementing anti-redlining laws for evaluations that became public in December, the national bank regulator said Monday. No banks evaluated for their compliance with [...]
  • Trio of former credit union workers banned; agency claims one caused $720,000 loss over decade

    January 2, 2026 0
    Three former credit union workers were banned from further work at financial institutions by the federal regulator Dec. 31, including one who allegedly caused a nearly three-quarters of a million dollars loss over a 10-year period, the agency said. According [...]
  • Dearth of banks earning ‘outstanding’ CRA ratings, while two banks score ‘needs improvement’

    January 2, 2026 0
    While no banks in October earned ratings of “outstanding” for their compliance with anti-redlining rules, two banks earned “needs improvement” in their scores posted Friday by the federal bank deposit insurance agency. The Federal Deposit Insurance Corp. (FDIC) released the [...]

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