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What's up
  • [ April 7, 2026 ] Bank and credit union regulators, FinCEN propose AML/CFT rule changes that include larger FinCEN role FDIC
  • [ April 7, 2026 ] GENIUS Act proposal for comment issued by FDIC FDIC
  • [ April 7, 2026 ] FDIC, OCC ban use of reputation risk in supervising banks FDIC
  • [ April 7, 2026 ] Groups would no longer be barred from credit union membership without buying service, product NCUA
  • [ April 6, 2026 ] Reputation risk ban final rule, proposal on stablecoins requirements set for consideration by FDIC FDIC
Hometrue lender

true lender

OCC

With House vote to overturn ‘true lender,’ OCC vows to respect congressional wish

June 24, 2021 0

With the House voting Thursday to join the Senate in overturning the “true lender rule” by the federal regulator of national banks, the acting chief of the agency said it would respect the decision by […]

FDIC

‘True lender’ rule, NCUA vendor authority, CCyB among topics slated for regulatory oversight hearing Wednesday

May 17, 2021 0

Measures that would repeal the “true lender” rule for banks, restore the federal credit union regulator’s short-lived, direct authority over third-party vendors, and set a trigger for the countercyclical capital buffer (CCyB) for banks are […]

OCC

House next, final stop for resolution repealing OCC’s ‘true lender’ rule

May 12, 2021 0

The House is expected to pass legislation that would repeal the controversial “true lender” rule adopted last fall by the federal regulator of national banks, joining the Senate which adopted the legislation Tuesday. In a […]

OCC

UPDATED: OCC finalizes ‘true lender’ regulation in quick turn-around (just four months after proposing)

October 27, 2020 0

Determining when a bank is a “true lender” within the context of a partnership between it and a third party is the focus of a final rule issued Tuesday by the federal regulator of national […]

OCC

Proposal would define ‘true lender’ to clarify relationships with third parties

July 20, 2020 0

A bank that makes a loan would be determined a “true lender” under the provisions of a rule proposed Monday by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said […]

Today

  • Bank and credit union regulators, FinCEN propose AML/CFT rule changes that include larger FinCEN role

    April 7, 2026 0
    A rule that would, among other things, have federal bank and credit union regulators “consult” with the Financial Crimes Enforcement Network (FinCEN) on certain anti-money laundering/countering the financing of terrorism (AML/CFT) actions was issued Tuesday for a 60-day public comment [...]
  • GENIUS Act proposal for comment issued by FDIC

    April 7, 2026 0
    A proposed rule that addresses the applicability of pass-through insurance for stablecoins and tokenized deposits was issued for comment Tuesday by the federal bank deposit insurer. The Federal Deposit Insurance Corp. (FDIC) said the proposed rule would implement certain requirements [...]
  • FDIC, OCC ban use of reputation risk in supervising banks

    April 7, 2026 0
    A final rule to eliminate the use of reputation risk from programs for bank supervision was issued jointly Tuesday by two federal prudential banking regulators. The Federal Deposit Insurance Corp. (FDIC) – which approved the rule during its open board [...]
  • Groups would no longer be barred from credit union membership without buying service, product

    April 7, 2026 0
    Eligibility for credit union membership through an associational group would not be automatically denied solely because members of the group did not purchase a product or service of the institution under a proposal issued Tuesday by the federal regulator. The [...]
  • Reputation risk ban final rule, proposal on stablecoins requirements set for consideration by FDIC

    April 6, 2026 0
    A final rule on banning use of reputation risk by itself as a regulator and a stablecoins proposed rule and is on the agenda for the board of the federal bank deposit insurance regulator for Tuesday, the agency said late [...]
  • Former banker prohibited after theft of funds used to replenish ATMs

    April 3, 2026 0
    A former North Carolina banker was prohibited after pleading guilty to alleged embezzlement of more than $33,000, the Federal Reserve said Friday. In a release, the Fed said Mollie Morrow, a former sales representative for United Bank in Washington, N.C., [...]
  • One-member NCUA Board to hear briefings on several subjects – but take no action

    April 3, 2026 0
    Brokered and reciprocal deposits, and a deregulation plan, are on the agenda for a meeting of the one-member board of the federal credit union regulator set for April 9, the agency said late Thursday. The National Credit Union Administration (NCUA) [...]
  • CRA ratings list includes 3 banks deemed ‘outstanding,’ FDIC info shows

    April 3, 2026 0
    Three banks rated “outstanding” and 35 deemed “satisfactory” for their performance under the anti-redlining Community Reinvestment Act (CRA) were on the latest list of banks rated by the Federal Deposit Insurance Corp. (FDIC) in January. The list, released Friday, shows [...]

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