The federal consumer financial protection agency’s Consumer Advisory Board (CAB) is set to meet publicly June 8, according to a notice scheduled for publication Tuesday in the Federal Register. The CAB, which last met on […]
A debt collection enterprise based in upstate New York and charged two years ago for lying to and harassing consumers would be required to exit the debt collection market, pay $4 million in civil money […]
More than three in four (78%) of Americans reported either doing okay or living comfortably financially at the end of 2021, according to survey results released by the Federal Reserve Monday, which the agency called […]
Risks related to cybersecurity and illicit financial activity are among the top hazards facing banks in 2022, the federal bank deposit insurance agency said in report Friday. In its 2022 Risk Review, the Federal Deposit […]
A six-month report to Congress by the inspector general of the federal agency that charters and regulates credit unions gives a few details of the circumstances surrounding three credit union liquidations conducted from last December […]
Revised guidelines that restore the federal bank deposit insurer’s independent, intra-agency appeals process to review material supervisory determinations regarding supervised banks are out for public comment until June 21, according to a Federal Register notice […]
Title: Guidelines for Appeals of Material Supervisory Determinations Subject: Supervisory appeals Agency: FDIC Status: Notice and request for comment Summary: On May 17, 2022, the Federal Deposit Insurance Corporation (FDIC) adopted revised Guidelines for Appeals […]
The federal fund that insures savings at credit unions will be the topic of a report for the board of the financial institutions’ federal regulator – and the only item on the agenda – when […]
A Financial Institution Letter (FIL) establishing the process for an insured banking institution or applicant for deposit insurance to request recognition by the federal bank deposit insurer as a minority depository institution (MDI) was announced […]
Oversight of third-party vendors would be granted to the federal credit union regulator under legislation approved by a House committee Wednesday, spurring the leader of the agency to praise the move. The House Financial Services […]
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