NCUA

What's up

[ December 1, 2022 ] Driven by rising interest rates, bank net income balloons – but unrealized securities losses, net chargeoffs, early delinquencies on rise FDIC
[ December 1, 2022 ] Barr offers some hints about leanings of Fed ‘holistic’ review of bank capital requirements The Fed
[ December 1, 2022 ] National bank regulator reduces 2023 assessment fees for banks; other changes noted OCC
[ December 1, 2022 ] NCUA makes liquidation-management office independent, moves Ohio credit union supervision to southern region NCUA
[ December 1, 2022 ] Bureau wants ‘deposits’ of $19 million refunded; firm was ‘not a bank,’ made other spurious claims, agency finds CFPB

NCUA makes liquidation-management office independent, moves Ohio credit union supervision to southern region

December 1, 2022 0

The office that carries out the agency’s work related to credit union liquidations, conservatorships, recoveries, and various consulting and training activities is being moved out of the Southern Region and will once again be an […]

FDIC Board nominees – including those for chair, vice chair – offer testimony in confirmation hearing

November 30, 2022 0

Three nominees for the board of the federal insurer of bank deposits – including those for chairman and vice chairman – offered their views to a Senate committee Wednesday as their nominations are considered for […]

Small credit union agrees to cease and desist, but no more details provided

November 30, 2022 0

A small, Yonkers, N.Y., credit union agreed to a cease-and-desist order from its federal regulator this month – but that’s about all the details the agency would release in a report issued Wednesday. According to […]

New credit union, fourth federal charted in 2022, will serve primarily Northern Cheyenne community

November 28, 2022 0

A new credit union in Montana serving primarily native Americans is now chartered, the federal credit union regulator said Monday. According to the National Credit Union Administration (NCUA), The Morning Star Federal Credit Union (FCU), […]

Rising interest rates taking toll on credit unions, report finds, with more posting lower exam ratings

November 17, 2022 0

The number of credit unions with lower exam ratings increased in the third quarter, which federal supervisors attributed to the rising interest-rate environment, the federal credit union regulator said Thursday. A report presented to the […]

Regulators talk crypto, capital, climate change, bank mergers and more at Senate hearing

November 15, 2022 0

Crypto and stablecoins, capital requirements, climate change, bank mergers and more were among the topics that federal financial institution regulators touched on during testimony Tuesday before the Senate Banking Committee. In presenting their testimony for […]

1 2 3 … 112 »

Driven by rising interest rates, bank net income balloons – but unrealized securities losses, net chargeoffs, early delinquencies on rise

December 1, 2022 0

Net income of $71.7 billion was reported by banks in the third quarter, an increase of 11.3% from the previous quarter, or $7.3 billion, the federal insurer of bank deposits reported Thursday. The spike in net income was spurred largely [...]
Barr offers some hints about leanings of Fed ‘holistic’ review of bank capital requirements

December 1, 2022 0

The Federal Reserve is continuing its “holistic” review of bank capital requirements, but some early indications offered in a speech Thursday by the agency’s top regulator are that no proposals for relaxed capital requirements are likely in the offing. In [...]
National bank regulator reduces 2023 assessment fees for banks; other changes noted

December 1, 2022 0

Reductions for assessment fees on banks – and no change in the assessment rates from 2022 for independent trust and independent credit card fee schedules – were announced Thursday by the Office of the Comptroller of the Currency (OCC). The OCC said [...]
NCUA makes liquidation-management office independent, moves Ohio credit union supervision to southern region

December 1, 2022 0

The office that carries out the agency’s work related to credit union liquidations, conservatorships, recoveries, and various consulting and training activities is being moved out of the Southern Region and will once again be an independent office, the National Credit [...]
Bureau wants ‘deposits’ of $19 million refunded; firm was ‘not a bank,’ made other spurious claims, agency finds

December 1, 2022 0

Refunds of approximately $19 million to about 400 depositors would be forced on an investor and the company he ran under a proposal made public Thursday by the federal consumer financial protection agency. According to the Consumer Financial Protection Bureau [...]
FDIC notes updates to its consumer compliance exam manual

December 1, 2022 0

The November updates to portions of its Consumer Compliance Examination Manual (CEM) were announced Thursday by the federal bank deposit insurer. The Federal Deposit Insurance Corp. (FDIC) said the CEM provides supervisory information regarding consumer compliance examinations, Community Reinvestment Act [...]
Data entry software for reporting year-end CRA data now available from exam council

December 1, 2022 0

The latest update for reporting anti-redlining lending data is now available, the umbrella group for federal financial institution regulators said Thursday. According to the Federal Financial Institutions Examination Council (FFIEC), version 2022 of the data entry software (DES) for the [...]

NCUA makes liquidation-management office independent, moves Ohio credit union supervision to southern region

FDIC Board nominees – including those for chair, vice chair – offer testimony in confirmation hearing

Small credit union agrees to cease and desist, but no more details provided

New credit union, fourth federal charted in 2022, will serve primarily Northern Cheyenne community

Rising interest rates taking toll on credit unions, report finds, with more posting lower exam ratings

Regulators talk crypto, capital, climate change, bank mergers and more at Senate hearing

NCUA closes two more FCUs following brief conservatorships, making six closures in 2022

Share insurance fund report slated Thursday for NCUA Board

New federal credit union will serve Episcopal diocese in NY, is third chartered in 2022

Credit unions need to up their game on diversity, equity and inclusion, agency chairman says

Driven by rising interest rates, bank net income balloons – but unrealized securities losses, net chargeoffs, early delinquencies on rise

Barr offers some hints about leanings of Fed ‘holistic’ review of bank capital requirements

National bank regulator reduces 2023 assessment fees for banks; other changes noted

NCUA makes liquidation-management office independent, moves Ohio credit union supervision to southern region

Bureau wants ‘deposits’ of $19 million refunded; firm was ‘not a bank,’ made other spurious claims, agency finds

FDIC notes updates to its consumer compliance exam manual

Data entry software for reporting year-end CRA data now available from exam council