Four banks earned ratings of “outstanding” – and one a rating of “needs improvement” – in June for their compliance with anti-redlining laws, the federal insurer of bank deposits said Thursday. In its report of […]
A phased approach to implementing the impact on credit union membership rules of a federal judge’s decision will be taken by the federal regulator of credit unions, the agency’s head said Wednesday. National Credit Union […]
Lending at federally insured credit unions was undergoing a rebound at midyear after experiencing a broad slowdown during the first three months of the year, according to second-quarter numbers released Wednesday by the federal credit […]
Nearly 60% of applications for home loans were approved by financial institutions and other lenders in 2018, but those loans exempted from certain reporting under last year’s regulatory relief legislation saw an origination rate of […]
Clarifying a credit union’s responsibilities when acquiring a bank would be the subject of a proposed rule by the federal regulator of credit unions, the NCUA, the chairman of the agency’s board said in an […]
Banks’ mid-year financial results will be released Thursday, according to the federal insurer of deposits in the institutions. The Federal Deposit Insurance Corp. (FDIC) said it expects to release second-quarter 2019 results (that is, those […]
Federal financial institution regulators were busy organizations last week, as they worked to clear their outboxes for the end of the summer in preparation for the oncoming fall season of meetings, congressional testimony, regulatory actions […]
Simple messages designed to encourage customers to use prepaid cards to save at tax time increased the likelihood that they would do so, according to results of a study released Tuesday by the federal consumer […]
Regulatory Report is taking a one-week break, beginning Monday (Aug. 26). Daily updates (and emails to our subscribers) will resume the day after Labor Day, Tuesday Sept. 3. However, during the interregnum, Reg Report will […]
More than $1.6 billion was awarded to 18 financial institutions in term deposits by the Federal Reserve in its latest offering and periodic test, which concluded Thursday, the central bank said. The awarded deposits settled […]
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