The OCC and FDIC will host a joint forum for mutual institutions on August 4 in Arlington, Va. All CEOs of mutual state and federally chartered mutual banks, federal savings associations and mutual holding companies are invited to attend. The program will include presentations from mutual bankers and regulators on a variety of topics including an economic outlook, cyber challenges and regulatory compliance updates.
FBI: Internet crime losses rose 33% in 2024
Reported losses from suspected internet crimes exceeded $16 billion in 2024, representing a 33% increase from the year before, the FBI’s Internet Crime Complaint Center said in its annual report.