The merger of Howard Bancorp with First Mariner Bank (FM), both of Maryland, was approved on a vote of 3-0 Monday by the Federal Reserve Board. The Federal Reserve, in its filings, noted that the […]
Reducing the vulnerabilities and impact of successful exploitation of the financial sector’s cybersecurity infrastructure, primarily by acceding to the private sector and trading compliance for a greater investment in security, are central tenets of the […]
Noting that it is committed to “rolling back the regulatory excesses” of financial institution rule reform adopted in the wake of the Great Recession, the Trump Administration’s 2019 proposed budget recommends subjecting funding for two […]
Five revisions to its rule on pre-paid accounts — including extending the overall effective date to April 1, 2019, and providing that financial institutions will not be required to resolve errors or limit consumers’ liability […]
A final rule for calculating pro-rata share distributions of National Credit Union Share Insurance Fund (NCUSIF) equity, and rebates from the now-closed fund to resolve “corporate credit unions,” will be considered by the NCUA Board […]
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