Although only about 2.3% of federally insured credit unions responded to its voluntary diversity self-assessment survey in 2019, the federal credit union regulator heralded Friday the fact that participation in the survey has grown 46% […]
The federal banking and credit union regulators Thursday released a fact sheet meant to clarify Bank Secrecy Act due diligence requirements for credit unions and banks that offer services to charities and non-profits. The fact […]
Experienced financial advising firms are being sought to develop a structure and “operational aspect” for the new “Mission-Driven Bank Fund” being established by the federal insurer of bank deposits to assist minority depository and community […]
Confirmation of a controversial nominee to the Federal Reserve Board was blocked Tuesday by the Senate after the nominee could not achieve the bare number of votes. However, the vote could be brought up again […]
The date of the issuance of a controversial final rule on small business lending data collection and reporting is “to be determined,” but it will be well into the administration of the new president and […]
In an effort to generate more comments by Dec. 1 on its request for information (RFI) on equal credit opportunity, the federal consumer financial protection agency is focusing on “limited English proficient” consumers and how […]
The acting top regulator of national banks Tuesday was joined by the chairman of the board for the insurer of bank deposits in marking the resignation of the chairman of the Securities and Exchange Commission […]
The new framework for achieving price stability and maximum employment that will be used by the Federal Reserve in determining monetary policy was outlined Monday by the vice chair of the agency board, as he […]
Financial statements were reliable and controls over financial reporting were effective in 2020 for the federal consumer financial protection agency, according to a report issued Monday by the congressional watchdog. In its annual review of […]
The response to the coronavirus crisis by the federal credit union regulator will be highlighted in a Dec. 3 webinar hosted by the agency, it said Monday. In a release, the National Credit Union Administration […]
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