shared facility – Regulatory Report

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[ 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

NCUA final rule on federal credit union ‘service facility’ kicks in Dec. 27

November 29, 2021 0

A final rule that broadens the definition of a federal credit union (FCU) “service facility” in connection with the addition of groups to the institution’s field of membership is scheduled to take effect Dec. 27, […]

Voting 2-1, credit union regulator’s board queues up 3 final rules for action before year-end

September 23, 2021 0

Three final rules will be taken up – one each from October through December – affecting permissible activities by credit union service organizations (CUSOs), the definition of shared facilities, and the purchase of mortgage servicing […]

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 [...]