Title: Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements Subject: ECOA; unfavorable changes to credit terms Agency: CFPB Status: Advisory opinion Summary: The Consumer Financial Protection Bureau […]
John W. Ryan, president and chief executive officer of the State Conference of Bank Supervisors (CSBS), died unexpectedly Monday in Washington, the organization’s board announced Tuesday. The CSBS, it website notes, supports state regulators in […]
A final rule prohibiting any person or organization from making misrepresentations about federal bank deposit insurance or misusing the insurer’s name or logo was approved Tuesday by the Federal Deposit Insurance Corp. (FDIC). The final […]
Saying it’s time to “rethink” how bank mergers are analyzed, the acting comptroller of the currency on Monday noted the key factors considered in evaluations of bank merger applications and said changes in the industry […]
Banking institutions operating in areas of New Mexico affected by wildfires ad straight-line winds can avail themselves of some specific regulatory relief measures announced Monday by the Federal Deposit Insurance Corp. (FDIC) in a Financial Institution […]
The federal agency charged with consumer financial protection is “sharpening its focus” on digital redlining and algorithmic bias amid the growing influence of technology platforms, including big tech firms, in the financial services marketplace, the […]
Regulators will discuss their jointly proposed Community Reinvestment Act (CRA) rules update plus answer questions during a public webinar May 11, according to a message Friday from the federal insurer of bank deposits. The May […]
Title: Community Reinvestment Act Subject: CRA modernization Agency: FDIC, Federal Reserve, OCC Status: Proposed rule Summary: The Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office […]
A new proposed rule to update banks’ requirements under the anti-redlining Community Reinvestment Act (CRA) was issued jointly Thursday by the three federal banking regulatory agencies. Issuance of the proposed rule, out for a 90-day […]
Nine out of 69 federally supervised banks evaluated recently for their efforts under the anti-redlining Community Reinvestment Act (CRA) were rated “outstanding,” according to information released Tuesday by regulators, while one was deemed “needs to […]
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