A conference on payments innovation will be hosted by the Federal Reserve Board Oct. 21 and livestreamed for the public, the Fed said Wednesday. The Fed said the conference will bring together a range of […]
Banks on the list of Community Reinvestment Act (CRA) performance evaluation ratings that became public in August included nine rated “satisfactory” and two rated “outstanding,” the national bank regulator said. The list, released Tuesday, showed […]
The 31 large banks that were subject to this year’s Federal Reserve stress tests will have the same 4.5% minimum capital requirement and a stress capital buffer requirement of at least 2.5% as of Oct. […]
The national bank regulator is reducing semiannual assessments on supervised institutions slated for Sept. 30, the agency announced Friday. Calling it the fifth such reduction since 2017, the Office of the Comptroller of the Currency […]
A former Wisconsin credit union CEO who reportedly caused her credit union losses exceeding $1.7 million is permanently barred from service in any federally insured financial institution, according to a consent order announced Friday by […]
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, […]
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 […]
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