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What's up
  • [ October 30, 2026 ] Kansas bank ordered to pay $2.5 million penalty for not maintaining anti-money laundering program FDIC
  • [ October 30, 2026 ] Deposit insurer wants to rescind rule calling for detailed records, coverage calculations within 24 hours of failure FDIC
  • [ October 30, 2026 ] Two credit unions chartered by federal agency – first pair in 2026—to provide business loans, consumer services NCUA
  • [ October 30, 2026 ] 2 former TX, IL credit union employees barred by NCUA NCUA
  • [ October 28, 2026 ] NCUA proposed budget shows hike of 2.9% for 2027, op fee rate to drop NCUA
Homesmall business data collection

small business data collection

CFPB

Bureau unveils beta platform for testing collection of non-customer small business data

August 26, 2024 0

A beta platform for testing the collection of small business data mandated by federal requirements was unveiled Monday by the federal consumer financial protection agency, which invited financial institutions and their technology service providers to […]

CFPB

With bureau funding upheld, small business lending rule proceeds with interim rule on data collection

July 1, 2024 0

Data collection compliance for small business lending is extended to next year (July 18, 2025) for the highest volume lenders, and to dates in 2026 for moderate and lowest volume lenders, the federal consumer financial […]

CFPB

FAQs address CFPB small business lending rule in wake of Texas court decision

September 14, 2023 0

The impact of a federal court order freezing implementation of the small business lending rule issued by the federal consumer financial protection agency spawned a new set of “frequently asked questions” (FAQs) by the agency […]

CFPB

Bureau unveils ‘help’ program to assist financial institutions in reporting small business lending activity

April 5, 2023 0

A week after unveiling its small business lending rule (widely criticized within the financial industry), the federal consumer financial protection agency launched Wednesday what it called a “dedicated regulatory and technical support program” for financial […]

No Picture
CFPB

Bureau events seek to prep industry for upcoming rule on small-biz data reporting

August 8, 2022 0

Two events – one virtual, the later one in person – are slated for August and September to begin a discussion with financial institutions and their providers on implementation of an upcoming small-business lending data […]

CFPB

UPDATED: Bureau targets six key regulatory activities for new year – overdraft fees not among them

December 13, 2021 0

Six regulatory activities in 2022 by the federal consumer financial protection agency have been identified by the agency as “key” actions, according to a rulemaking the agency released Monday. The Consumer Financial Protection Bureau (CFPB) […]

CFPB

Smaller institutions tell bureau they support rules on reporting of small business lending data

December 15, 2020 0

Smaller financial institutions are generally supportive of rules requiring reporting of small business lending data in order to build a better understanding of the lending market, according to feedback released Tuesday by the federal consumer […]

CFPB

Consumer bureau releases outline of proposals for small-biz data collection

September 15, 2020 0

An outline of proposals under consideration for the collection of data on women-owned, minority-owned, and small businesses that could apply to depository institutions with assets of $600 million or less was released Tuesday by the […]

Today

  • Kansas bank ordered to pay $2.5 million penalty for not maintaining anti-money laundering program

    October 30, 2026 0
    A Kansas bank must pay a $2.5 million civil money penalty (CMP) for its failure to maintain an effective anti-money laundering (AML) program, the federal bank deposit insurer said Friday. According to the Federal Deposit Insurance Corp. (FDIC), CBW Bank [...]
  • Deposit insurer wants to rescind rule calling for detailed records, coverage calculations within 24 hours of failure

    October 30, 2026 0
    A rule would be rescinded that requires banks with $2 million or more in deposits maintain detailed records and calculate deposit insurance coverage within 24 hours of a bank’s failure, under a proposal the federal bank deposit insurance agency issued [...]
  • Two credit unions chartered by federal agency – first pair in 2026—to provide business loans, consumer services

    October 30, 2026 0
    Two new credit union charters – the first such so far in 2026 – were announced Friday by the federal regulator, with the new cooperatives serving memberships on different sides of the country. The National Credit Union Administration (NCUA) said [...]
  • 2 former TX, IL credit union employees barred by NCUA

    October 30, 2026 0
    Two former employees of credit unions — one in Texas, the other in Illinois — are barred from any future service in federally insured depository institutions under prohibition orders announced Friday by the National Credit Union Administration (NCUA). The two [...]
  • NCUA proposed budget shows hike of 2.9% for 2027, op fee rate to drop

    October 28, 2026 0
    Growth in employee compensation, contracted services and administrative expenses for the National Credit Union Share Insurance Fund (NCUSIF) are the key factors behind the federal credit union regulator’s proposed 2027 budget of $325.4 million, the agency said. In its proposal [...]
  • FDIC names new COO with experience mostly from law enforcement agencies

    October 26, 2026 0
    A new chief operating officer (COO) for the federal bank deposit insurance agency has been named, who brings experience largely from law enforcement, the regulator said Monday. Five others were also named to senior positions, the Federal Deposit Insurance Corp. [...]
  • Interest rate risk report exposes some vulnerability for banks over longer term

    October 23, 2026 0
    Economic value of equity (EVE) is more vulnerable to interest rate increases than are other financial indicators, according to the latest interest rate risk statistics report issued Friday by the national bank regulator. According to the quarterly report (for fall [...]

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