A former employee of Antioch Community Federal Credit Union (Antioch, Calif.) was barred from any future service in a federally insured financial institution due to a May 2024 conviction of embezzlement and other charges, the […]
The federal bank deposit insurer is slated to evaluate 359 banks under the federal anti-redlining statute, the Community Reinvestment Act (CRA), over the third and fourth quarters of this year, the agency’s published schedules show. […]
What appears to have been the first one-on-one meeting this year between the Federal Reserve Board chairman and the U.S. president took place Thursday at the White House, according to information released by the Fed. […]
How possible changes in the role of U.S. financial assets as a “safe haven” might affect financial stability both domestically and internationally is “crucial to examine,” a Federal Reserve governor said Thursday. Fed Gov. Adriana […]
Banks reported a return on assets (ROA) of 1.16% in the first quarter of the year, the federal bank deposit insurance agency said Wednesday, the highest quarterly level among the last three. According to the […]
The financial well-being of U.S. households in 2024 was similar to two years earlier, with particular concerns about prices ongoing amid still-solid labor conditions, the Federal Reserve said Wednesday in announcing results of its Economic […]
One hundred twenty-five banks will be examined in the second half of the year for their compliance with rules implementing anti-redlining statutes, the regulator of national banks said Wednesday. In a release, the Office of […]
James Hagen and Bill Bruns, the inspector general and deputy inspector general for the National Credit Union Administration (NCUA), will retire in 2025, according to a message by Hagen at the front of his latest […]
Bank supervision, blockchain technology and financial technology are all areas in need of special attention by the federal bank deposit insurance agency, as noted by earlier recommendation, according to a report made public Tuesday by […]
The federal credit union regulator is inviting suggestions from the public on its operations and initiatives as it develops a 2026-2030 strategic plan, which it said will “further reinforce” the changes made at the agency […]
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