shared facility – Regulatory Report

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[ July 27, 2026 ] FinCEN seeks financial institutions’ aid in rooting out student-loan fraud Other
[ July 24, 2026 ] FDIC updates consumer compliance exam manual FDIC
[ July 17, 2026 ] UPDATED: Proposal reveals weekly, quarterly reporting forms for banks becoming permitted payment stablecoin issuers FDIC
[ July 17, 2026 ] OCC updates examiner booklet on allowances for credit losses OCC
[ July 16, 2026 ] ‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’ 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 […]

FinCEN seeks financial institutions’ aid in rooting out student-loan fraud

July 27, 2026 0

Financial institutions are encouraged to report suspicious account activity that could point to fraud targeting federal student aid programs, according to an alert from Treasury’s financial crimes enforcement unit. Friday, the Financial Crimes Enforcement Network (FinCEN) issued an alert on [...]
FDIC updates consumer compliance exam manual

July 24, 2026 0

Updates to violation codes, Truth in Lending Act (TILA) thresholds, Home Mortgage Disclosure Act (HMDA) loan-volume thresholds and more are reflected in the July iteration of the federal bank deposit insurer’s Consumer Compliance Examination Manual (CEM). The Federal Deposit Insurance [...]