A proposed rule to sets standards for credit unions approved to act as permitted payment stablecoin issuers (PPSIs) under the GENIUS Act was issued Friday by the National Credit Union Administration (NCUA). The proposal supplements […]
Stephen Miran submitted a letter of resignation from the Federal Reserve Board Thursday to make way for the return of Kevin Warsh, whose nominations this March by President Donald Trump to the Fed Board as […]
Treasury’s deputy assistant secretary for financial institutions policy is President Trump’s pick to succeed Kyle Hauptman at the National Credit Union Administration (NCUA) Board. The White House included John Crews, who has had the Treasury […]
The federal credit union regulator is proposing to eliminate some and transfer other provisions of its federal share insurance rules affecting federal and federally insured, state-chartered credit unions (FISCUs) that, in most cases, the agency […]
Six banks were deemed “outstanding” under the anti-redlining Community Reinvesment Act (CRA), and 15 were “satisfactory,” according to the latest list of rating released by the national bank regulator. The ratings for this batch of […]
People Trust Community Federal Credit Union of North Little Rock, Ark., was closed after about a three-month conservatorship by its federal regulator, becoming the second federally insured credit union closed in 2026. The National Credit […]
Updated to provide deadline for comments. Two interim final actions aimed at preempting an Illinois statute governing non-interest charges and fees, including interchange fees on the tax and tip portion of credit card transactions, were […]
Input from credit unions on how to “enhance and streamline” the agency’s data collections – in particular, through the 5300 Call Report, 5310 Corporate Call Report, and Form 4501A Profile – is being sought by […]
Measures aimed at helping banking institutions and communities in Washington affected by severe storms, straight-line winds, and other damaging events in December was announced Tuesday by the federal bank deposit insurer. The Federal Deposit Insurance […]
A call for theoretical and empirical appers on banking issues was issued Monday for the Federal Deposit Insurance Corp. (FDIC) 25th Annual Bank Research Conference, slated Sept. 24-25 in Arlington, Va. The agency said topics […]
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