NCUA News and Updates
OCC proposes AML and sanctions rules for U.S. stablecoin issuers
The Office of the Comptroller of the Currency is moving to set anti-money laundering, countering the financing of terrorism and sanctions compliance standards for payment stablecoin issuers it ...
OCC issues June enforcement actions, ends Bank of America order
U.S. bank oversight activity remains focused on individual accountability and legacy compliance matters as the Office of the Comptroller of the Currency releases its enforcement actions for June ...
U.S. agencies seek comment on stablecoin issuer identification rule
U.S. financial regulators are moving to extend customer identification requirements to permitted payment stablecoin issuers under the GENIUS Act. The proposal would align the sector more closely ...
NCUA schedules board meeting for June 24 with insurance fund and budget briefings
The National Credit Union Administration Board is set to meet on June 24 at its Alexandria, Virginia, headquarters, with regulatory, insurance fund and budget items on the agenda. The session ...
OCC clarifies filing decision standards for community banks
U.S. bank regulators are restating how application reviews are handled for community banks as scrutiny of governance, financial disclosures and compliance frameworks remains central to charter and ...
OCC clarifies filing decision standards for bank applications
U.S. bank regulators are setting out how application reviews are handled as the Office of the Comptroller of the Currency clarifies when filings are approved, conditionally approved, denied, or ...
OCC updates minority depository institutions policy statement for statutory alignment
The Office of the Comptroller of the Currency is revising its policy statement on minority depository institutions as part of a broader regulatory review tied to Executive Order 14219. The changes ...
NCUA eases credit union record preservation rules for disaster planning
The National Credit Union Administration is revising long-standing record preservation requirements for federally insured credit unions to reduce compliance burdens tied to catastrophic event ...
U.S. lenders face regulatory fallout from OCC debanking review
Major U.S. banks are preparing for heightened scrutiny as federal regulators near the end of a review into whether customer accounts were restricted or closed on political or religious grounds. ...
OCC proposes stablecoin issuer reporting rules under GENIUS Act
As U.S. stablecoin oversight takes shape, the Office of the Comptroller of the Currency is proposing weekly and quarterly reporting forms for issuers that fall under its authority through the ...
NCUA releases credit union system performance data for first quarter 2026
Federally insured credit unions in the U.S. continue to expand their balance sheets and membership base in the first quarter of 2026. Total assets reach $2.48 trillion and total loans outstanding ...
NCUA clarifies federal credit unions' fee authority under U.S. law
Federal credit unions are set to receive clearer regulatory backing on their ability to impose non-interest charges tied to payment card services. The move is aimed at preventing conflicts with ...
NCUA approves dependent care reimbursement rule for federal credit unions
The National Credit Union Administration is moving to widen reimbursement rules for federal credit union officials as it seeks to reduce barriers to volunteer board service. The measure lets ...
U.S. regulators issue advisory on illicit activity tied to unlawful employment
Federal banking and credit union regulators are urging financial institutions to step up scrutiny of financial activity linked to the unlawful employment of illegal aliens in the United States. ...
U.S. House Financial Services Committee backs tailored bank rules
U.S. lawmakers and federal banking officials are aligning around a more tailored prudential framework that they say supports growth, credit access and financial stability. The June 5 hearing also ...
OCC outlines bank regulatory overhaul and innovation push in U.S. banking
Federal banking policy is shifting toward risk-based supervision as the Office of the Comptroller of the Currency seeks to strengthen safety and soundness while reversing pressures that have ...
Senate Republicans push U.S. bank regulators to rework digital asset capital rules
As Congress weighs broader digital asset legislation, Senate Republicans are urging U.S. banking regulators to develop a clearer capital framework for banks' crypto-related activities. The request ...
OCC files to establish $1 billion commercial paper program for liquidity
The Options Clearing Corporation is seeking to expand its funding toolkit as clearinghouses face continued pressure to maintain robust liquidity buffers. The proposed commercial paper program ...
OCC files SEC rule change to launch commercial paper liquidity program
The Options Clearing Corporation is seeking to add a commercial paper program to its liquidity framework as it expands the tools available to meet settlement obligations. The filing, submitted to ...
U.S. bank regulators remove reputation risk references from 15 guidance documents
U.S. banking regulators are revising supervisory guidance as they continue to strip reputation risk from oversight frameworks for banks. The latest move covers 15 interagency documents, including ...
Nuvision Federal Credit Union absorbs Beverly Hills City Employees FCU in California merger
A regulatory resolution for a small California credit union reaches completion as Beverly Hills City Employees Federal Credit Union merges into Nuvision Federal Credit Union effective June 1, ...
