Guidelines for Safeguarding Member Information

- The NCUA Board proposes removing Appendix A from the CFR and publishing it as a Letter to Credit Unions. - This change aims to clarify that Appendix A is guidance, not a regulation.
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Supervisory Committee Audits and Verifications

• NCUA proposes to amend supervisory committee audit regulations to reduce burden and increase flexibility. • The changes aim to streamline the rules by removing outdated or redundant provisions.
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Corporate Credit Unions

The NCUA Board proposes removing the requirement for corporate credit union ALCO members to also be board members and eliminates filing requirements related to annual reports and management letters. The goal is to reduce regulatory burden and increase flexibility.
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Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission

The CFPB rescinds its rule establishing a registry of certain final public orders applicable to nonbank covered persons. This action affects the regulatory landscape for these entities but does not explicitly impact Texas credit unions.
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Microsoft Patch Tuesday, December 2025 Edition

- Microsoft released 56 security patches for Windows and supported software in the final Patch Tuesday of 2025, including a zero-day bug. - The vulnerabilities include privilege escalation flaws that are likely to be exploited, as well as remote code execution bugs.
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Drones to Diplomas: How Russia’s Largest Private University is Linked to a $25M Essay Mill

The article discusses a large-scale academic cheating network linked to Russia's largest private university. The network uses Google Ads to generate nearly $25 million in revenue and has multiple rebrands to avoid detection. Students can purchase term papers through these services, which claim to offer tutoring but often deliver completed...
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Press Release 12/5/2025

New Commissioner appointed; no specific regulatory changes or requirements mentioned.
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Press Release: FDIC Issues List of Banks Examined for CRA Compliance

The FDIC has released a list of state nonmember banks evaluated for CRA compliance in September 2025. The Community Reinvestment Act requires the assessment of banks' records on meeting the credit needs of their communities, including low- and moderate-income areas. The public can access this information through the FDIC's Public...
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Press Release: Interagency Statement on OCC and FDIC Withdrawal from the Interagency Leveraged Lending Guidance Issuances

- The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation have rescinded the 2013 Guidance on Leveraged Lending. - Banks are expected to manage leveraged lending exposures using general risk management principles for safe and sound lending.
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SMS Phishers Pivot to Points, Taxes, Fake Retailers

Phishing groups are pivoting from package delivery and toll fee scams to mass-create fake e-commerce websites for mobile wallet conversion. They are also using SMS lures related to unclaimed tax refunds and rewards points. These phishing domains can be hard to detect, especially those mimicking legitimate e-commerce sites.
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Press Release: FDIC Issues CRA Examination Schedule for First Quarter 2026

The FDIC has issued the CRA examination schedule for the first quarter of 2026. The schedule includes institutions based on their asset size and CRA rating, with specific intervals between examinations depending on these factors. Public comments are encouraged.
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Press Release: FDIC Publishes Enforcement Orders for October 2025

The FDIC published enforcement orders for October 2025 which include prohibitions and terminations of consent orders. Truist Bank, Charlotte, North Carolina received multiple orders including prohibition from further participation, order to pay, and order for restitution.
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Meet Rey, the Admin of ‘Scattered Lapsus$ Hunters’

- Rey, the technical operator and public face of Scattered LAPSUS$ Hunters, has confirmed his real-life identity. - The group is known for launching social engineering campaigns and data leak portals, targeting major corporations including Toyota, FedEx, Disney/Hulu, and UPS.
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Agencies issue final rule to modify certain regulatory capital standards

The agencies have finalized a rule modifying certain regulatory capital standards. This change will affect how credit unions calculate and maintain their capital ratios.
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Agencies issue proposal to enhance community banks’ ability to serve their communities while maintaining strong capital requirements

Agencies propose changes to enhance community banks' ability to serve their communities while maintaining strong capital requirements; no explicit deadlines or action items provided.
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Federal Reserve Board issues enforcement action with former employee of Orrstown Bank

The Federal Reserve Board has issued an enforcement action against a former employee of Orrstown Bank. The article does not provide specific details about the actions or the reasons behind them.
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Press Release: FDIC Releases Public Sections of Informational Filings for Six Large Banks

The FDIC released public sections of informational filings for six large banks. These filings support the FDIC’s resolution readiness under the Federal Deposit Insurance Act in case of financial distress or failure. Filings were due by October 1, 2025.
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FDIC Board of Directors Meeting

The FDIC Board of Directors met to discuss and finalize several regulatory capital rules. Key items included revisions to the Community Bank Leverage Ratio Framework, modifications to Enhanced Supplementary Leverage Ratio Standards, adjusting certain regulatory thresholds, and extending compliance dates for advertising requirements.
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Is Your Android TV Streaming Box Part of a Botnet?

The article discusses the potential risks associated with using Superbox media streaming devices. These devices force users' networks to relay internet traffic, often tied to cybercrime activities such as advertising fraud and account takeovers. The article highlights that while the sale or use of these devices is not illegal, the...
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Press Release: FDIC Appoints Dana T. Wade as Deputy to the Chairman and Chief of Staff

The FDIC has appointed Dana T. Wade as Deputy to the Chairman and Chief of Staff; she brings extensive experience in financial issues from both public and private sectors.
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Federal Reserve Board announces it will extend until February 21, 2026, the comment period on proposal to improve stress test model and scenario transparency and accountability

• The Federal Reserve Board has extended the comment period for its proposal to improve stress test model and scenario transparency and accountability until February 21, 2026. • This extension allows stakeholders to provide feedback on how to enhance the clarity and robustness of stress testing processes.
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CFPB’s Supervision Division Releases New 'Humility Pledge'

The CFPB's Supervision Division has changed its approach to exams; it no longer operates as a weaponized arm of the CFPB under new leadership. A 'Humility Pledge' was introduced.
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