On the eve of the Friday departure of the current chief regulator of national banks, the chairman of the board for the federal insurer of bank deposits issued a statement of thanks and best wishes. […]
Outgoing Comptroller of the Currency Joseph Otting received a warm farewell from the board chairman at the federal credit union regulator Friday, the first (and, so far, only) of the national bank regulator’s federal regulator […]
Issues of inclusion within the federal regulator of credit unions is the focus of a new council at the agency, which the agency said was launched Tuesday. The agency’s board chairman, Rodney Hood, announced the […]
Four areas of statutory changes that the federal credit union regulator said would assist its efforts “in light of COVID-19” were outlined in a letter from the agency’s chairman to the chairman of the Senate […]
The federal credit union regulator became the latest to call for an exemption for the institutions he supervises from new accounting rules requiring estimation of expected losses over the life of loans, known as the […]
Honoring the 155th anniversary of the “Freedman’s Bank” – the financial institution created in the wake of the Civil War to provide financial services (and opportunity) to recently emancipated enslaved people – brought together federal […]
A rule to subject some credit unions to “risk-based capital” (RBC) requirements was delayed until 2022 on a split vote of the board for the federal regulator of credit unions Thursday. The delay is the […]
A brief, but exacting, lecture on financial regulator independence was delivered by the top Democrat of the Senate Banking Committee to the top federal credit union regulator at a hearing Thursday in Washington. Sen. Sherrod […]
It’s a “prudent course” to delay to 2023 the “current expected credit loss” (CECL) standard for small reporting companies – such as credit unions – the board chairman of the federal credit union regulator said […]
A proposal to delay, by two more years, a “risk-based capital” rule for complex credit unions is at the top of the list of accomplishments issued Tuesday by the board chairman of the federal credit […]
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