FDIC

What's up

[ November 25, 2024 ] Funding risk vulnerabilities remain ‘notable’ among banks, with some MMFs susceptible to runs, report contends The Fed
[ November 25, 2024 ] Prices for Reserve Banks’ ‘mature’ priced services up an average 2.8% for 2025, Fed says The Fed
[ November 21, 2024 ] Bureau finalizes rule extending supervision over digital payment wallet apps CFPB
[ November 21, 2024 ] Number of credit unions with low exam ratings rose in third quarter; strain on balance sheets, consumers, noted NCUA
[ November 21, 2024 ] CFPB publishes adjustments to thresholds under TILA, FCRA CFPB

Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, including Machine Learning

March 30, 2021 0

Title: Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, including Machine Learning Subject: FIs’ use of artificial intelligence Agency: CFPB, FDIC, Federal Reserve, NCUA, OCC Status: Request for information and comment […]

Exam council issues updated HMDA reporting guide, reflecting Reg C amendments from 2020

March 30, 2021 0

Reporting home mortgage-related data collected this year and to be reported in the next is outlined in an updated guide released Tuesday by the umbrella group for federal financial institution regulators. According to the Federal […]

Agencies’ RFI asks how financial institutions use AI for fraud prevention, underwriting, more

March 29, 2021 0

Information on how financial institutions use artificial intelligence (AI) in their activities, including fraud prevention, personalization of customer services, credit underwriting, and more is sought under a request for information announced Monday by federal bank, […]

February enforcements by FDIC include $7,500 civil money penalty, one prohibition

March 26, 2021 0

The nine enforcement orders issued in February by the federal bank deposit insurer included one $7,500 civil money penalty assessment related to improper reimbursements and one prohibition of a former bank manager who falsified reports […]

FDIC OIG review of Almena State Bank failure cites aggressive pursuit of large-dollar guaranteed loans, poor board oversight

March 26, 2021 0

The failure last October of the $69 million-in-assets Almena State Bank, Almena, Kan., estimated to have cost the federal bank deposit insurance fund $18 million, was chalked up to a risky growth strategy coupled with […]

« 1 … 68 69 70 71 72 … 186 »

Funding risk vulnerabilities remain ‘notable’ among banks, with some MMFs susceptible to runs, report contends

November 25, 2024 0

Vulnerabilities from funding risks remain “notable” for the nation’s banks and other institutions, according to a report issued Friday (Nov. 22), with such vehicles as money-market funds (MMFs) and other cash-management vehicles “remaining susceptible to runs owing to structural vulnerabilities.” [...]
Prices for Reserve Banks’ ‘mature’ priced services up an average 2.8% for 2025, Fed says

November 25, 2024 0

Fees for established, mature priced services the Federal Reserve Banks provide to banks and credit unions are rising on average by an estimated 2.8% beginning Jan. 1, excluding FedNow and Fedwire securities priced services, the central bank said Friday. The [...]
Bureau finalizes rule extending supervision over digital payment wallet apps

November 21, 2024 0

Digital payment wallet apps handling more than 50 million transactions annually are subject to a final rule requiring them to follow federal law applied to banks, credit unions and other financial institutions already supervised by the federal consumer financial protection [...]
Number of credit unions with low exam ratings rose in third quarter; strain on balance sheets, consumers, noted

November 21, 2024 0

The number of the lowest-rated credit unions based on their exam scores rose in the third quarter, their federal regulator said Thursday, reflecting strains on balance sheets and their consumer members, according to the agency. That total includes nine troubled [...]
CFPB publishes adjustments to thresholds under TILA, FCRA

November 21, 2024 0

Two adjustments to thresholds under lending disclosure and credit reporting rules were announced Thursday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said the first threshold adjustment resulted from a final rule it issued amending [...]
Ex-CEO of failed Kansas bank prohibited from financial institutions after cryptocurrency scheme

November 21, 2024 0

The former CEO of a Kansas bank that failed after the embezzlement of $47.1 million in a cryptocurrency scheme has been prohibited permanently from serving at another federally insured financial institution, the Federal Reserve said Thursday. Shan Hanes, 53, of [...]

Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, including Machine Learning

Exam council issues updated HMDA reporting guide, reflecting Reg C amendments from 2020

Agencies’ RFI asks how financial institutions use AI for fraud prevention, underwriting, more

February enforcements by FDIC include $7,500 civil money penalty, one prohibition

FDIC OIG review of Almena State Bank failure cites aggressive pursuit of large-dollar guaranteed loans, poor board oversight

Risk management veteran appointed as director of FDIC’s Chicago region

Agency clarifies ‘rapid prototyping program,’ noting banks won’t be obligated to participate, adopt solutions

Financial stability council slates climate change, COVID-19 developments for March 31 meeting

FDIC community banking panel set to meet April 13

Banking agencies’ capital rule supporting Treasury program (ECIP) kicks in Monday

Funding risk vulnerabilities remain ‘notable’ among banks, with some MMFs susceptible to runs, report contends

Prices for Reserve Banks’ ‘mature’ priced services up an average 2.8% for 2025, Fed says

Bureau finalizes rule extending supervision over digital payment wallet apps

Number of credit unions with low exam ratings rose in third quarter; strain on balance sheets, consumers, noted

CFPB publishes adjustments to thresholds under TILA, FCRA

Ex-CEO of failed Kansas bank prohibited from financial institutions after cryptocurrency scheme