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  • [ July 31, 2026 ] Banks under $10 billion will reap significant easing of CRA rules under proposal FDIC
  • [ July 31, 2026 ] Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held The Fed
  • [ July 31, 2026 ] FDIC, Fed propose higher thresholds, indexes for lending to officers, other insiders FDIC
  • [ July 31, 2026 ] Former Wisconsin credit union worker prohibited by federal agency NCUA
  • [ July 30, 2026 ] Revised compliance guide lowers leverage ratio for community banks to 8% from 9% FDIC
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CFPB

‘CFPB here to stay’ director vows following high court’s ruling that funding mechanism is constitutional

May 16, 2024 0

The funding mechanism of the federal consumer financial protection agency is neither novel nor unusual, but an “essential part of the nation’s financial regulatory system,” the director of the agency said in a statement Thursday […]

NCUA

Supreme Court takes a pass on credit union membership rules; agency will start processing new applications ‘immediately’

June 29, 2020 0

An appeal of a lower court’s earlier decision upholding rules governing membership at credit unions was rejected by the Supreme Court Monday, essentially ending a challenge by the banking industry to the regulator over the […]

CFPB

High court ruling allowing president to fire CFPB director ‘at will’ has no impact on agency rules, Kraninger says

June 29, 2020 0

A Supreme Court ruling Monday that lets the federal consumer financial protection agency continue in operation – but finds that the president may remove its director at will – means that the agency’s rules continue to govern […]

CFPB

Court sets March 3 hearing for arguments over bureau structure, constitutionality

December 3, 2019 0

The future of the federal consumer financial protection agency will be at the forefront at a March 3 hearing by the Supreme Court of a case questioning the agency’s constitutionality. The high court will hear […]

CFPB

High court decision to take up CFBP challenge spurs praise by industry, calls for commission

October 21, 2019 0

The Supreme Court’s announcement Friday that it will consider a case challenging the constitutionality of the federal consumer financial protection agency was greeted with praise from financial industry trade groups, who called for a commission, […]

CFPB

Supreme Court denies bank’s petition for review of CFPB constitutionality

January 14, 2019 0

The U.S. Supreme Court on Monday declined to review a Texas bank’s claim that the Consumer Financial Protection Bureau (CFPB) is unconstitutional. Supreme Court Justice Brett Kavanaugh, who as a D.C. Circuit court judge opined […]

Today

  • Banks under $10 billion will reap significant easing of CRA rules under proposal

    July 31, 2026 0
    Smaller banks – those with $10 billion or less in assets – would receive significant easing of anti-redlining regulations under a joint proposal issued by the national bank regulator and federal bank deposit insurance agency announced Friday. Under the proposal, [...]
  • Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held

    July 31, 2026 0
    The capital framework for mutual savings banks – including increased flexibility to raise capital – would be “modernized,” and make it easier for the banks to convert to stock held, under a proposal issued Friday by the Federal Reserve, the [...]
  • FDIC, Fed propose higher thresholds, indexes for lending to officers, other insiders

    July 31, 2026 0
    Thresholds for certain lending limits for executive officers and other insiders of banks would be raised and indexed under a proposal issued Friday by the federal bank deposit insurance agency and the nation’s central bank. The Federal Deposit Insurance Corporation [...]
  • Former Wisconsin credit union worker prohibited by federal agency

    July 31, 2026 0
    A former worker at a Wisconsin credit union was prohibited by the federal regulator after being convicted in state court of misappropriating identification information, the agency said. Jordan L. McCarthy, according to the National Credit Union Administration (NCUA), a former [...]
  • Revised compliance guide lowers leverage ratio for community banks to 8% from 9%

    July 30, 2026 0
    An 8% leverage ratio requirement for community banks – down from 9% — is the key component of an updated compliance guide for the ratio’s framework, released Thursday by federal banking regulators. The lowered requirement for the community bank leverage [...]
  • Pair of bankers in different states prohibited after allegations of misappropriation of customer funds

    July 30, 2026 0
    Charges of misappropriation of customer funds at banks in Alabama and Montana have led to prohibitions of two former employees of the institutions, with their consent, the Federal Reserve said Thursday. In a release, the Fed said that Ralph A. [...]
  • Illinois bank, holding company, agree to enforcement action over shortcomings revealed in exam

    July 30, 2026 0
    Deficiencies in internal controls, risk management and more have led to an enforcement action against an Illinois bank and its holding company by the Federal Reserve, the agency said Thursday. According to the Fed, Iuka State Bank and its holding [...]
  • 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 [...]

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