A $3 million-in-assets credit union in Staten Island, N.Y., on Friday became the seventh federally insured credit union liquidated in 2018, the National Credit Union Administration announced. Radio, Television and Communication Federal Credit Union, with […]
A final rule supplementing risk-based capital regulation for credit unions by delaying the effective date by one year will be considered during a meeting of their federal regulator next week (Oct. 18), according to the […]
Eight papers about consumer financial behavior, household consumption, decision making and other topics will be presented at the 8th Annual Consumer Research Symposium Friday in Arlington; the event is sponsored by the Federal Deposit Insurance Corp. […]
Submission of written agreements between credit unions and credit union-owned service organizations (CUSOs) will be revised to only apply to new investments in CUSOs under a proposal out for a 60-day public comment period. The […]
A rule change on inflation adjustments to civil penalties by the federal consumer financial protection agency was published Friday in the Federal Register and is out for public comment until Nov. 13. The revision, proposed […]
Federal and state financial institution regulators teamed up Wednesday to issue a joint statement on supervisory practices regarding financial institutions affected by Hurricane Michael, which careened through the eastern Gulf Coast the same day. The […]
The partial exemption from Home Mortgage Disclosure Act (HMDA) reporting of certain data points, as provided under the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155), and limitations on its applicability is […]
Banks could receive notification whenever the Federal Deposit Insurance Corp. (FDIC) updates examination manuals in its website, the agency said Wednesday, as a service that is designed to help community banks stay current on changes […]
Seven new members have been named to the advisory committee that provides community banking advice and recommendations on policy and regulatory matters to the federal bank deposit insurance agency, the agency announced Wednesday. The Federal […]
Consumer compliance issues and topics related to regulatory relief legislation enacted last spring will be addressed in an Oct. 25 teleconference sponsored by the federal insurer of bank deposits. In a Financial Institution Letter issued […]
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