Total assets in credit unions reached $2.26 trillion at year-end 2023, their federal regulator reported Tuesday, which represented a 4.1% increase over the previous year’s growth. However, according to the National Credit Union Administration (NCUA), […]
A rule narrowing the scope of brokered deposits and redefining market interest rates to include those paid by credit unions (for the first time) when setting restrictions was approved by the board of the federal […]
A Senate vote on confirmation of the president’s nomination of Judy Shelton to a seat on the Federal Reserve Board could come as early as Tuesday or Wednesday, with approval of the controversial figure considered […]
The councils that provide advice to the consumer financial protection agency regarding the bureau’s actions affecting consumers, community banks, and credit unions are scheduled to meet in a combined, public virtual session from 1 to […]
A final rule that permanently provides “tailored” exceptions to remittance rule requirements for banks’ and credit unions’ disclosures of exchange rates and covered third-party fees, and raises the safe harbor under the rule from 100 […]
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