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What's up
  • [ November 28, 2025 ] Four workers from same bank prohibited from future service; three for COVID-era loan program violations FDIC
  • [ November 28, 2025 ] 2% designated reserve ratio continued for FDIC insurance fund FDIC
  • [ November 28, 2025 ] FDIC official digital sign requirement delayed to 2027 to align with proposal FDIC
  • [ November 26, 2025 ] Latest Beige Book reports mixed economic activity, but little changed from last month The Fed
  • [ November 26, 2025 ] OCC sets schedule for CRA exams in first half of ‘26 OCC
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FDIC

Agency claims survey results show tax assistance program can lead to greater economic inclusion

June 4, 2024 0

Economic inclusion can be expanded when bank customers (or credit union members) open accounts to deposit their tax refunds by direct deposit, an outcome of involvement in the federal tax service’s volunteer tax assistance program, […]

NCUA

NCUA-IRS webinar to detail how credit unions can participate in Volunteer Income Tax Assistance program

August 18, 2023 0

Credit unions can learn how to participate in the IRS Volunteer Income Tax Assistance (VITA) program during a webinar slated Sept. 7 and co-hosted by the IRS and National Credit Union Administration (NCUA). The NCUA […]

NCUA

Agency urges credit unions to participate in tax assistance program, notes tax credit availability for members

November 3, 2021 0

Credit unions are encouraged to participate in the free program that helps members address their federal income taxes; credit unions have until Nov. 15 to contact the IRS about their interest in participating, the federal […]

CFPB

Tax time ‘unique opportunity’ for lower-income consumers to build savings, bureau paper suggests

October 29, 2018 0

Tax time represents a unique opportunity for many consumers, particularly those with lower incomes, to make decisions about saving all or some of their tax refund to improve their financial standing, a new paper released […]

Today

  • Four workers from same bank prohibited from future service; three for COVID-era loan program violations

    November 28, 2025 0
    Prohibitions were ordered against or agreed to by four workers of Truist Bank in Charlotte, N.C., in October for misappropriating funds related to coronavirus crisis loan programs, and for cashing bogus checks, the federal bank deposit insurance agency said Friday. [...]
  • 2% designated reserve ratio continued for FDIC insurance fund

    November 28, 2025 0
    A 2% designated reserve ratio (DRR) will continue in 2026 for the Deposit Insurance Fund (DIF for banks, the federal bank deposit insurer said Tuesday. According to a Federal Deposit Insurance Corp. (FDIC) staff memo released for Tuesday’s open board [...]
  • FDIC official digital sign requirement delayed to 2027 to align with proposal

    November 28, 2025 0
    Insured depository institutions (IDIs) have an additional 21 months to comply with a rule requiring the display of the Federal Deposit Insurance Corp. (FDIC) official sign on their digital deposit-taking channels, according to an agency Financial Institution Letter (FIL). The [...]
  • Latest Beige Book reports mixed economic activity, but little changed from last month

    November 26, 2025 0
    Reports of loan demand across the Federal Reserve’s 12 districts were “mixed,” although some reported an ongoing recovery in the office real estate market, according to the latest Beige Book released Wednesday. The Fed’s semi-monthly summary of commentary on current [...]
  • OCC sets schedule for CRA exams in first half of ‘26

    November 26, 2025 0
    About 130 banks are scheduled to receive their anti-redlining compliance exams in the first and second quarters of next year, the national bank regulator said Wednesday. According to the Office of the Comptroller of the Currency (OCC), the largest groups [...]

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