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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
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FDIC

Teleconference will dissect results of 2017 unbanked/underbanked survey results

November 16, 2018 0

Results of the latest national survey gauging the range and extent of unbanked and underbanked households will be discussed Nov. 28 during a 90-minute teleconference sponsored by the federal insurer of deposits in banks – […]

No Picture

Teleconference: Results/implications of survey of unbanked/underbanked households (FDIC)

November 16, 2018 0

Implications from the FDIC 2017 National Survey of Unbanked and Underbanked Households Results of the FDIC’s 2017 biennial National Survey of Unbanked and Underbanked Households during a teleconference. Other topics to be discussed include: economic […]

FDIC

Rates of ‘unbanked, underbanked’ households fell in 2017, report states; mobile banking increase ‘striking’

October 23, 2018 0

Households that are “unbanked” represent 6.5% of all those in the country, the federal insurer of bank deposits reported Tuesday – the third straight period, it said, the percentage has declined. At the same time, […]

FDIC

‘Unbanked, underbanked’ survey results expected by month’s end

October 12, 2018 0

The next version of the national “household unbanked and underbanked” survey results will be released by the end of October, the chairman of the board of the federal bank deposit insurance agency said Friday. Federal […]

FDIC

90 million are ‘unbanked,’ ‘underbanked,’ FDIC chairman says

October 13, 2017 0

About 27% of households — 90 million Americans — are unbanked or underbanked, with more than two in five of those (42%) earning less than $30,000 a year, the chairman of the Federal Deposit Insurance […]

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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