The federal credit union regulator is inviting suggestions from the public on its operations and initiatives as it develops a 2026-2030 strategic plan, which it said will “further reinforce” the changes made at the agency […]
Response to the agency’s voluntary separation program (VSP) will result in some 250 employees leaving the agency by year-end, and payroll and contract savings of about $75 million that will be realized in 2026, agency […]
First-quarter 2025 data, preliminary and unaudited, for the National Credit Union Share Insurance Fund (NCUSIF) showed the fund’s total assets up 3.14%, growing from $22.3 billion to $23.0 billion in the first quarter of 2025. […]
A bank merger review program put in place last fall was rescinded Tuesday by the federal bank deposit insurance agency which asserted that the program was “less transparent and less predictable” leading to confusion among […]
Andrew Moss has earned another promotion at the national bank regulator: in addition to several other, recent roles now he will be deputy comptroller for community and industry relations, beginning next month, the agency’s acting […]
A new credit union in St. Louis, Mo., has been chartered to serve the members of the African Diaspora Council Inc., a group based in that city which promotes community self-help and financial and wealth-management […]
A 39-year career at the federal bank deposit insurance agency for a top financial stability supervisor will come to an end May 31, the agency said Friday. Arthur J. (“Art”) Murton, deputy to the chairman […]
An interpretive rule that declared essentially no limits on states’ ability to enforce provision of the Consumer Financial Protection Act (CFPA) was rescinded as of Thursday, the Consumer Financial Protection Bureau (CFPB) said in a […]
A former Mississippi banker has been prohibited from serving at any federally insured financial institution after ignoring a directive three years ago not to accept a $120,000 personal commission as a real estate broker, the […]
The federal bank deposit insurer’s board plans a vote next Tuesday to rescind its 2024 Bank Merger Act rule policy statement, replacing it with the previous statement, and to hear an update on its Deposit […]
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