Adriana Kugler was confirmed to a 14-year term on the board of governors of the Federal Reserve Thursday, the first Hispanic to serve on the agency’s governing panel. Kugler was approved on a vote of […]
The filing instructions guide (FIG) to help financial institutions file Home Mortgage Disclosure Act (HMDA) data collected in 2024 and reported in 2025 is available online now, the federal consumer financial protection agency said Thursday. […]
Phillip N. Jefferson was confirmed as the next vice chair of the Federal Reserve Wednesday by a Senate vote of 88-10. He replaces former Fed Gov. Lael Brainard in the role; Brainard resigned in February […]
Consumer loan balances rose during July and August, most bankers told the Federal Reserve, but other financiers cited mixed experiences in loan demand, according to a report released Wednesday. In its latest Beige Book, the […]
A slew of operations and other deficiencies, including deficiencies in compliance with anti-money laundering requirements, are enumerated in a Sept. 1 cease-and-desist consent order with Gardner Bancshares Inc. and its subsidiary Small Business Bank (both […]
A total of $33 billion in commercial real estate (CRE) loans of a failed New York, N.Y., bank – mostly for multifamily residences – is up for sale over the next three months, the federal bank […]
A “secure and efficient” web portal related to anti-redlining and consumer compliance rules was unveiled Tuesday by the federal bank deposit insurance agency, designed to share documents, information and other communications between banks and their […]
Five ratings of “outstanding” and three of “needs to improve” were issued to banks under the anti-redlining statute in June by the Federal Deposit Insurance Corp. (FDIC), according to information released Tuesday. The September list […]
Separate workshops on compliance and credit risk are set for Oct. 17-18 in Syracuse, N.Y., the national bank regulator said Tuesday. According to the Office of the Comptroller of the Currency (OCC) the workshops are […]
Regulatory Report is taking an “end of summer break” this week, resuming daily coverage of the latest news from the federal financial institution regulatory agencies on Sept. 5. If any key developments occur, we’ll take […]
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