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 […]
Response to the agency’s voluntary separation program (VSP) will result in some 250 employees leaving the agency by year-end, and payroll and contract savings of about $75 million that will be realized in 2026, agency […]
First-quarter 2025 data, preliminary and unaudited, for the National Credit Union Share Insurance Fund (NCUSIF) showed the fund’s total assets up 3.14%, growing from $22.3 billion to $23.0 billion in the first quarter of 2025. […]
A bank merger review program put in place last fall was rescinded Tuesday by the federal bank deposit insurance agency which asserted that the program was “less transparent and less predictable” leading to confusion among […]
Andrew Moss has earned another promotion at the national bank regulator: in addition to several other, recent roles now he will be deputy comptroller for community and industry relations, beginning next month, the agency’s acting […]
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