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What's up
  • [ May 5, 2026 ] Loan demand remains flat in most cases, as lending standards stay tight, survey finds The Fed
  • [ May 5, 2026 ] Latest CRA rating list shows banks doing well in complying with anti-redlining rules FDIC
  • [ May 4, 2026 ] 6 of 21 banks getting CRA ratings were deemed ‘outstanding’ OCC
  • [ May 4, 2026 ] Latest credit union to close was in conservatorship since January NCUA
  • [ May 4, 2026 ] Closed Georgia bank held substantial sum of uninsured deposits, agency indicates FDIC
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NCUA

Credit union regulator to strive for 15 underserved area expansions in 2024

January 23, 2024 0

Will the coming year bring more credit union expansion into underserved areas? Maybe, if credit unions’ federal regulator succeeds in satisfying a particular performance indicator it set for itself for 2024. The National Credit Union […]

FDIC

Crisis readiness, cybersecurity and underserved support top three challenges for FDIC, report asserts

February 18, 2022 0

Readiness for crises, cybersecurity for banks and third-party service providers, and support for underserved communities in banking are the three top challenges for the federal deposit insurance agency, according to report issued Thursday by its […]

OCC

OCC’s Project REACh focuses financial system barrier-busting effort on Detroit

February 15, 2022 0

Efforts to open up economic and financial system access for Detroit’s underserved communities were launched Tuesday by the Office of the Comptroller of the Currency (OCC). The agency said Acting Comptroller of the Currency Michael […]

Other

FinCEN virtual ‘Innovation Hours’ June 10 will allow underserved-related groups to present their AML/CFT tech innovations

April 12, 2021 0

An Innovation Hours Program slated June 10 by the Financial Crimes Enforcement Network (FinCEN) will allow participating firms that are founded, owned, or managed by underserved groups to present their innovative products, services, and approaches designed […]

COVID-19 actions

NCUA has $1.5 million for grants to low-income credit unions in 2021 focused on digital/cyber efforts, MDIs, underserved

April 6, 2021 0

Approximately $1.5 million in awards to support digital services and cybersecurity, mentoring of small minority depository institution (MDI) credit unions, and service to underserved communities will be available to low-income-designated credit unions during 2021, the […]

CFPB

Interpretive rule outlines how ‘underserved’ areas are determined, reflecting changes in HMDA regs

June 23, 2020 0

The way in which the federal consumer financial protection agency determines which counties qualify as “underserved” for a given calendar year for purposes of mortgage origination are outlined in an interpretive rule issued Tuesday. The […]

FDIC

FDIC’s 2019 Household Survey questionnaire out for comment

November 6, 2018 0

A survey form to be used next year to measure and track economic inclusion among U.S. households is being reviewed by the Federal Deposit Insurance Corp. (FDIC), which is accepting comments on the survey and […]

FDIC

Guide offers pathway to collaboration for lending, investment in underserved communities

December 22, 2017 0

Noting that collaboration with Minority Depository Institutions (MDIs) provides “viable options for sound and profitable lending and investments” in underserved communities, the Federal Deposit Insurance Corp. (FDIC) Friday released a guide for banks and others […]

NCUA

Agency awards more than $500k in grants for outreach to underserved credit union members

November 29, 2017 0

More than half a million dollars in grants to support outreach to underserved members have been awarded to 23 credit unions in 17 states, the National Credit Union Administration (NCUA) announced Wednesday. According to the […]

Today

  • Loan demand remains flat in most cases, as lending standards stay tight, survey finds

    May 5, 2026 0
    There was no uptick in demand for most loans, and lending standards remained tight, in the first quarter according to survey results released Monday by the Federal Reserve. The agency said results of its April 2026 Senior Loan Officer Opinion [...]
  • Latest CRA rating list shows banks doing well in complying with anti-redlining rules

    May 5, 2026 0
    Eight banks, out of 46 total, earned “outstanding” ratings from the federal bank deposit insurance agency for their compliance with rules implementing anti-redlining laws, the agency said Tuesday. The ratings, the Federal Deposit Insurance Corp. (FDIC) said, were for banks [...]
  • 6 of 21 banks getting CRA ratings were deemed ‘outstanding’

    May 4, 2026 0
    Six banks were deemed “outstanding” under the anti-redlining Community Reinvesment Act (CRA), and 15 were “satisfactory,” according to the latest list of rating released by the national bank regulator. The ratings for this batch of banks became public in April, [...]
  • Latest credit union to close was in conservatorship since January

    May 4, 2026 0
    People Trust Community Federal Credit Union of North Little Rock, Ark., was closed after about a three-month conservatorship by its federal regulator, becoming the second federally insured credit union closed in 2026. The National Credit Union Administration (NCUA), placed the [...]
  • Closed Georgia bank held substantial sum of uninsured deposits, agency indicates

    May 4, 2026 0
    No reason for the closure of a Georgia bank on Friday was released by the federal bank deposit insurance agency, except to note that the bank held a substantial sum (relative to its total deposits) in uninsured deposits, according to [...]
  • Six banks earn ‘outstanding’ ratings for CRA rules compliance

    May 4, 2026 0
    Six banks earned ratings of “outstanding” – out of 21 banks evaluated — for their compliance with rules implementing anti-redlining laws, according to April performance evaluations released Monday by the national bank regulator. The remaining 15 banks earned ratings of [...]
  • UPDATED: OCC asserts preemption of disputed Illinois interchange fee law

    April 27, 2026 0
    Updated to provide deadline for comments. Two interim final actions aimed at preempting an Illinois statute governing non-interest charges and fees, including interchange fees on the tax and tip portion of credit card transactions, were issued by the national bank [...]

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