A total of 102 national banks and federal savings associations are slated for their anti-redlining Community Reinvestment Act (CRA) evaluations over the final quarter of 2025 and the first quarter of 2026, according to their […]
The federal credit union regulator’s information security program was found to be “effective overall” in a recent independent audit report, but the auditor reported five new weaknesses in the controls selected for review and gave […]
Registration for the off-the-record “strategic plan” town hall slated for Sept. 9 by the federal credit union regulator remains open until Friday, the agency reminded in a release Wednesday. The meeting, to be held virtually, […]
Return on assets (ROA) for the nation’s banks was down at midyear as was net income, which the federal bank deposit insurance agency Tuesday blamed on an increase in provision expenses related to a large […]
Keith Morton, director of the Southern Region for the National Credit Union Administration (NCUA) and past president of the agency’s Asset Management Assistance Center (AMAC), is retiring Friday, Aug. 29, the agency said. Morton has […]
A binding definition of “risk to consumers” that must be considered in any decision to bring a nonbank service provider under consumer bureau supervision will be out for a 30-day comment period under a notice […]
This article has been revised to reflect the Aug. 22 publication of an advance notice of proposed rulemaking, or ANPR. A new rule on personal financial data rights – also known as “open banking” – […]
A former associate banker will be prohibited from further service at a financial institution for stealing about $440,000 from customers of a JPMorgan Chase Bank branch in San Francisco, the national bank regulator said Thursday. […]
Rules intended to simplify display of bank deposit insurance official digital sign and non-deposit signage on websites and mobile applications, as well as on ATMs, would be amended under a proposal issued Tuesday. The Federal […]
A “strategic plan town hall” closed to all but industry representatives and their partner organizations will be held Sept. 9 by the National Credit Union Administration (NCUA) to discuss the agency’s strategic plan and priorities, […]
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