The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant […]
The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after […]
A pilot survey on lending trends in the U.S. private credit direct lending market – estimated to be more than $1.3 trillion – is planned by the Federal Reserve Banks of Dallas and New York, […]
Final federal credit union rules designed to remove “obsolete, duplicative or simply guidance that has no place in regulation” were formally removed by the federal regulator Wednesday, an action that will take effect 30 days […]
Of the 40 banks that received examination ratings under the anti-redlining Community Reinvestment Act in May, four of them were rated “needs to improve,” according to information released Wednesday by the federal bank deposit insurer. […]
A new office created in January to consider and resolve banks’ appeals of material supervisory determinations to the federal bank deposit insurer is officially open for business now that the agency has peopled the three-member […]
Calling it the largest such fine it has assessed against a broker-dealer, Treasury’s financial crimes enforcement network Monday announced a $125 million fine against UBS Financial Services Inc. (UBSFS) over “willful” violations of the Bank […]
A proposed rule to modify the process for getting agency approval to disclose its non-public information, and allow the disclosure of confidential supervisory information (CSI) without agency approval, was announced Monday by the national bank […]
Smaller banks – those with $10 billion or less in assets – would receive significant easing of anti-redlining regulations under a joint proposal issued by the national bank regulator and federal bank deposit insurance agency […]
Updated for Federal Register notice, comment deadline The capital framework for mutual savings banks – including increased flexibility to raise capital – would be “modernized,” and make it easier for the banks to convert to […]
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