Delayed effective dates for compliance and first filings under the Consumer Financial Protection Bureau’s (CFPB) small-business loan data collection rule were made final under a rule published in the Federal Register. The final rule means […]
A long-anticipated notice of proposed rulemaking regarding prohibiting regulators’ use of “reputation risk” is one of two discussion items slated for the Oct. 7 open meeting of the Federal Deposit Insurance Corp. (FDIC) Board meeting. […]
1st Choice Credit Union of Atlanta, Ga., was merged into Hope Federal Credit Union, Jackson, Miss., Thursday following a nearly 15-month conservatorship by the National Credit Union Administration (NCUA). The NCUA on Thursday said the […]
The national bank regulator said the six banks whose anti-redlining Community Reinvestment Act (CRA) ratings became public in September included three with “outstanding” ratings and three “satisfactory.” The list from the Office of the Comptroller […]
Reminding that the agency remains open and federal share insurance remains in effect during the current federal government shutdown, credit unions’ federal regulator Wednesday offered a brief list of how credit unions may prepare for […]
Four federal financial institutions regulators issued a reminder Wednesday to lenders that they are still allowed to make loans subject to federal flood insurance laws when the National Flood Insurance Program (NFIP) is not available, […]
Noting that his agency has a good track record in this area, the chairman of the federal credit union regulator on Wednesday nevertheless issued a “no-regulation-by-enforcement” policy that he said fulfills a goal he listed […]
The federal credit union regulator said it is no longer using reputation risk “and equivalent concepts” in its examination and supervisory process. The action by the National Credit Union Administration (NCUA), announced Thursday, follows similar […]
Updated to include new Federal Register notice. Comments are due Oct. 24 on the federal credit union regulator’s proposed 2026-2027 budget, which includes a 20.6% reduction from 2025 to 2026 – fueled mostly by a […]
The national bank regulator’s bank supervision and examination group will be divided into three areas ad of Oct. 1, and its chief national bank examiner office will have five divisions, the agency announced recently. The […]
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