Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Chairs and deputy chairs of the 12 Federal Reserve District Banks were designated or redesignated Friday, the agency said, with just more than half taking new positions. According to the Federal Reserve, 13 of the […]
A former branch manager of Regions Bank, Birmingham, Ala., who allegedly took money from customer accounts is barred from any future work in federally insured financial institutions under a consent order released Tuesday by the […]
For anti-redlining regulation purposes in 2026, a small bank will be defined as having assets under $1.629 billion, and an intermediate small bank will be defined as having assets of at least $412 million and […]
Debit and general-use prepaid card transactions grew at a slower rate in the period 2021-23 than previous periods, the Federal Reserve said Friday, and interchange fees have been rising. In its biennial, statutorily mandated report […]
A new “payment account” — tailored to meet the limited needs of eligible financial institutions seeking payments and settling services – is being considered by the Federal Reserve, and the agency said Friday it wants […]
Two federal banking agencies will no longer issue an annual letter to banks outlining their expectations for compliance with insider lending restrictions and related reporting requirements, an effort toward “greater certainty,” they said in a […]
Monday was the day for federal financial regulators to set various fee limits and dollar thresholds for the coming year, including those for fair credit reporting, truth in lending and consumer leasing, and appraisal requirements […]
With only two exceptions, all current 12 Federal Reserve Bank presidents and first vice president were reappointed, the Fed Board announced late Thursday. In a released, the Fed said it voted unanimously is reappoint the […]
With check use steadily declining, check fraud rising, and digital payment methods growing in availability and use, the Federal Reserve wants the public to weigh in on the future of Reserve Banks’ check services, the […]
Forged signatures on certain approval documents have led a former worker at a Columbus, Ga., bank to be prohibited from further service at financial institutions, the Federal Reserve said Friday. According to the Fed, Julio […]
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