Credit unions’ federal regulator is proposing to remove the guidance portions of its regulation on record retention and castrophic act preparedness, clarify the regulation, and update its definitions, according to a Federal Register notice slated […]
Federally insured credit unions (FICUs) grew total assets to $2.43 trillion in 2025, up $126 billion, or 5.4%, from calendar 2024, the National Credit Union Administration said in fourth-quarter data released Friday. The data show […]
The 59 banks that received their evaluation ratings under the anti-redlining Community Reinvestment Act (CRA) in December included five that were rated “outstanding” and two “needs to improve,” according to information released Thursday by the […]
The federal credit union regulator is seeking comments by June 1 on five categories of regulations and whether they are outdated, unnecessary, or unduly burdensome, according to a notice Tuesday in the Federal Register. The […]
A published overview on fourth-quarter results for the National Credit Union Share Insurance Fund (NCUSIF) shows the fund closing 2025 with an equity ratio equal to 1.3% of total insured shares, up 2 basis points […]
The national bank regulator found nine banks to be “outstanding” and 15 to be “satisfactory” for compliance with the anti-redlining Community Reinvestment Act (CRA), according to ratings announced Monday that became public in February, the […]
A final rule that aligns regulatory language with related language in underlying statute clarifies that national trust banks may engage in non-fiduciary activities, the national bank regulator announced in a bulletin Friday. The final rule, […]
Five former employees of credit unions are permanently barred from future service in any federally insured depository institution under one consent order and four notices of prohibition announced Friday. The release by the National Credit […]
Nearly 400 banks are slated for evaluations under the anti-redlining Community Reinvestment Act (CRA) over the following two calendar quarters, according to schedules released Friday. Both the Federal Deposit Insurance Corp. (FDIC) and the Office […]
Treasury’s financial crimes enforcement arm is seeking nominations of eligible organizations – including smaller financial institutions subject to the Bank Secrecy Act (BSA) and entities that can share insights on BSA framework modernization and implementation […]
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