Joe Adler

WASHINGTON — The Office of the Comptroller of the Currency plans to raise supervisory assessments for large banks and thrifts by as much as 14% starting in the fall to account for the agency's added regulatory responsibilities following passage of the Dodd-Frank Act.

State regulators in South Carolina closed the $54 million-asset Allendale County Bank late Friday.

The issue of serving so-called "underbanked" borrowers has taken on a new urgency since regulators began cracking down on payday and certain other low-dollar, high-interest loans, prompting fears of a credit crunch for low-income consumers. The FDIC is looking at banking by mobile phone and other possible solutions as a way of bridging the gap.

An appeals court in California has ruled the Federal Deposit Insurance Corp. must wait in line with everyone else for a share of tax refunds awarded to IndyMac Bank's parent company.

Regulators are clearly interested in crafting further reforms to Community Reinvestment Act policy following relatively minor changes last year. Here's a guide to what they may target.

A study released by the Federal Deposit Insurance Corp. says statistical trends suggest that community banks have been resilient and will remain relevant, despite the rapid decline in charters.

The Federal Deposit Insurance Corp. is projecting a nearly 8% decline in deposit insurance assessments this year with improvement in the indicators that determine institutions’ rates.

With employee practices at the Consumer Financial Protection Bureau in the spotlight, CFPB Director Richard Cordray said his agency is focused on ensuring fair treatment.

The Office of the Comptroller of the Currency named agency veteran Gary Whalen deputy comptroller for economic policy and analysis effective April 6.

A U.S. magistrate judge in North Carolina dealt a blow to government efforts to use the 1980s-era Financial Institutions Reform, Recovery, and Enforcement Act to penalize big banks, but many experts say the decision — which is not binding — may just be a temporary glitch.

Recent comments by Comptroller of the Currency Thomas Curry, suggesting steps to make large-bank executives accountable for anti-money laundering problems, have reignited the debate over where to direct blame for Bank Secrecy Act violations.

Lawmakers keep trying to move legislation aimed at strengthening data security even if they are still not finished upbraiding retailers for recent breaches.

A Senate Commerce Committee hearing Wednesday focused on Target and other organizations could have done to prevent massive breaches and possible legislative steps can be taken to improve data security.

Lawmakers keep trying to move legislation aimed at strengthening data security even if they are still not finished upbraiding retailers for recent breaches.

Two House Democrats joined Sen. Elizabeth Warren in asking for a meeting with Attorney General Eric Holder about an inspector general's finding that his department’s focus on mortgage fraud has not been as strong as advertised.

The legislation grandfathering certain CLOs and clarifying which commercial loan securities are exempt from the Dodd-Frank Act trading ban were part of a package of bills approved by the House Financial Services Committee.

Steven Antonakes, the Consumer Financial Protection Bureau's deputy director, recalled how people's interest in what regulators do grew in 2008.

The Senate passed revised legislation Thursday that would delay increases in flood insurance premiums, following the House's vote advancing the bill last week.

Comptroller of the Currency Thomas Curry signals regulators are considering more Community Reinvestment Act changes as advocates say the progress to date is too timid.

The Office of the Comptroller of the Currency has joined other regulators in seeking to simplify megabanks' myriad legal entities. But instead of being focused on helping a bank to unwind in a failure, the OCC argues simplification can greatly help operational efficiency.