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NCUAThe four funds administered by the federal regulator of credit unions – the National Credit Union Share Insurance Fund (NCUSIF), the agency’s operating fund, the Central Liquidity Facility (CLF), and the Community Development Revolving Loan [...] -
NCUAA final interagency policy statement in response to the impending, new “current expected credit losses” (CECL) accounting standard and addressing allowance for credit losses (ACLs) at credit unions will be considered by the federal credit [...] -
The FedFour enforcement orders covering activities from Bank Secrecy Act deficiencies to violations in the foreign exchange markets were terminated by the Federal Reserve Board this month, the Fed announced Thursday. The terminated actions included: a [...] -
OtherAn updated version of the guide for reporting Home Mortgage Disclosure Act (HMDA)-related data collected in 2020 and reported in 2021 was released Thursday by federal regulators. In a financial institution letter (FIL 9-2020), the [...] -
The FedA new financial reference rate, published in 30-, 90- and 180-day averages, will be made public beginning March 2 as the “Secured Overnight Financing Rate” (SOFR), in a key step for replacing the London Interbank Offered [...] -
The FedNo decision has been made yet on a separate proposal from the Federal Reserve to reform anti-redlining rules, the chairman of the agency’s board said Tuesday. Meanwhile, discussions between that regulator and other federal banking [...] -
NCUAOne-third of the regulations published by the federal regulator of credit unions is under review this year, and the agency is accepting input on those rules until Aug. 3. The National Credit Union Administration (NCUA) [...] -
FDICA call for papers was issued Tuesday for the 20th Annual Bank Research Conference being slated this September by the Federal Deposit Insurance Corp. (FDIC) Center for Financial Research and the Journal of Financial Services Research (JFSR). [...] -
The FedPushing forward his campaign for the Federal Reserve to communicate more clearly with the banks it supervises, the agency’s top supervisor reiterated Tuesday his plan for doing so. In comments to the Yale University Law [...] -
The FedThe rate of interest paid on depository institutions’ reserves with the Federal Reserve System rose by a 0.05 percentage point to 1.6% as of Jan. 30, according to a notice set to publish Wednesday in [...]
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