Banks, thrifts, and other federally insured institutions with more than 100 employees are encouraged to submit voluntary self-assessments of their diversity policies and practices during 2020 by June 30, the Federal Deposit Insurance Corp. (FDIC) […]
A quarterly U.S. “map review” by the federal credit union regulatory agency calculates the median levels of asset growth, loan growth, share growth, and other trends among federally insured credit unions (FICUs) during the four […]
A series of webinars focusing on the shift away by year’s end from the long-used LIBOR reference rate to one or more new vehicles will get underway March 22, the Federal Reserve Bank of New […]
Two interim final rules – one on the agency’s Central Liquidity Facility, the other on asset thresholds pertaining to large credit unions – are slated for action next Thursday by the National Credit Union Administration […]
Nellie Liang – a nominee for the Federal Reserve Board in 2018 (but whose nomination was never considered by the Senate Banking Committee, let alone the full Senate) – will be nominated as Treasury undersecretary […]
A policy announced during the Trump administration that limited the extent of the consumer financial protection agency’s response to certain abusive acts or practices affecting consumers was rescinded Thursday, the agency announced. In a release, […]
President Joe Biden’s nomination of Rohit Chopra to be director of the Consumer Financial Protection Bureau (CFPB) drew a tie vote by the Senate Banking Committee Wednesday, 12-12, and now awaits Senate action. If confirmed, […]
Twenty-four questions and answers addressing the private flood insurance provisions of the 2012 Biggert-Watters Flood Insurance Reform Act were proposed Thursday by federal financial institution regulators. The proposal – issued jointly by the Farm Credit […]
An advisory committee of state regulators will get an update on the federal bank deposit insurer’s office of innovation activities, discuss state-federal coordination, and receive a report on community banking and agricultural lending when it meets […]
Provisions of a final rule exempting more institutions from a requirement to establish escrow accounts for certain higher-priced mortgage loans (HPMLs) are reviewed for credit unions in a regulatory alert issued Wednesday by the National […]
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