Foreclosures were up for first-lien mortgages in the first quarter of the year – but down from the same point a year ago – and trading revenue was up from the previous quarter, the national […]
The 2026 list of neighborhoods where certain bank activities are eligible for Community Reinvestment Act (CRA) credit was released Tuesday by federal banking agencies, which includes distressed or underserved nonmetropolitan middle-income geographies. According to the […]
Two senior personnel changes were made at the national bank regulator, the agency said Monday, overseeing its information technology (IT) policies and personnel in one position and large and foreign bank operations in the other. […]
A total of $3.47 million in grants across six initiatives promoting innovation, capacity building, training and more were awarded to 97 low-income-designated credit unions, the federal credit union regulator said Monday. The National Credit Union […]
“Imprudent” loans made to the relatives of an Oklahoma bank CEO have led to his prohibition from future bank employment and a fine of $125,000, the Federal Reserve said Thursday. According to the Fed, it […]
Establishing and maintaining “an effective” customer identification program (CIP) for permitted payment stablecoin issuers (PPSIs) was proposed Thursday by federal banking and credit union regulators, and the Treasury’s financial crimes enforcement unit. The proposal, issued […]
A filing is inconsistent with law or regulation if it does not meet the applicable statutory or regulatory criteria for that filing type, the national bank regulator said Wednesday in a bulletin focusing on the […]
Two banking executives were barred from any future work in federally insured financial institutions in consent prohibition orders announced Thursday by the Office of the Comptroller of the Currency (OCC). The agency’s prohibition orders noted […]
An annual review of the Federal Reserve’s Main Street Lending Program — created with other programs to ensure credit availability amid the COVID-19 pandemic — has seen 70% of the 1,830 loans made fully repaid, with […]
A mid-year budget update is on the agenda for the federal credit union regulator’s one-man board when he gavels in the meeting June 24, at 10 a.m. ET. According to the National Credit Union Administration […]
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