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What's up
  • [ August 10, 2026 ] ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process FDIC
  • [ August 7, 2026 ] Senate confirms Crews to NCUA Board seat NCUA
  • [ August 7, 2026 ] NCUA liquidates 15-month-old federal credit union NCUA
  • [ August 5, 2026 ] Dallas, NY Federal Reserve Banks seek info on $1.3T private direct lending market The Fed
  • [ August 5, 2026 ] Credit union regulator finalizes 11 rules underpinning its deregulation project NCUA
Home20june25

20june25

COVID-19 actions

Stress tests results spur share repurchases prohibition, dividend payments cap at big banks for Q3

June 25, 2020 0

The 34 banks that participated in this year’s stress tests, based on results of a separate sensitivity analysis conducted in light of the coronavirus pandemic, will be required to preserve capital by suspending share repurchases […]

NCUA

Credit union regulator eyes move to virtual examinations, supervision; risk-based net worth proposal pulled from agenda

June 25, 2020 0

A request for information (RFI) on aspects related to the future of a virtual examination program was issued by the federal regulator of credit unions during its open meeting Thursday for a 60-day comment period. The […]

FDIC

With (not unanimous) FDIC vote, all regulators now on board with swap margin rule

June 25, 2020 0

With its vote Thursday – on a split vote (again) – the federal insurer of bank deposits jumped on board changes by federal banking and securities regulators to swap margin rules aimed at what they […]

NCUA

NCUA says Southwest Corporate estate to pay out $171 million to certificate holders in July

June 25, 2020 0

Nearly 900 credit unions that had membership capital shares in the failed Southwest Corporate Federal Credit Union will share in a $171 asset management estate payout anticipated for July, the first of other payments to […]

COVID-19 actions

Facing rising coronavirus infections, credit union regulator backs off plan to transition to on-site operations

June 25, 2020 0

Recent spikes of COVID-19 virus in about half of the states nationwide have caused the federal credit union regulator to back off of its phase-in of on-site operations at both the agency and at credit […]

FDIC

With split vote by FDIC, Volcker rule’s ‘covered funds’ provision modified in effort to streamline, clarify

June 25, 2020 0

The Volcker rule’s prohibition on banking entities investing in or sponsoring hedge funds or private equity funds is modified under a rule made final Thursday by all three federal banking agencies, plus two securities market […]

Today

  • ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process

    August 10, 2026 0
    Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation (FDIC) said a new, two-phase [...]
  • Senate confirms Crews to NCUA Board seat

    August 7, 2026 0
    The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant secretary for financial institutions policy. [...]
  • NCUA liquidates 15-month-old federal credit union

    August 7, 2026 0
    The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after finding it was “insolvent and [...]

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